Category: Economy

World Gold Council (WGC) and Dubai Multi Commodities Centre (DMCC) Announce Joint Gold Industry Program

In a groundbreaking move for the gold industry, the World Gold Council (WGC) and the Dubai Multi Commodities Centre (DMCC) have announced a collaborative program aimed at driving innovation, sustainability, and transparency across the sector. This strategic partnership between two of the most influential entities in the global gold market marks a significant milestone in […]

Historic Milestone: First Cross-Border Payment Made Using UAE’s Digital Dirham

In a historic leap toward financial innovation, the United Arab Emirates (UAE) has achieved a landmark moment with the completion of the first cross-border payment using the digital dirham. This pioneering initiative, led by the UAE’s central bank, exemplifies the nation’s commitment to advancing its financial infrastructure through the integration of cutting-edge digital currency technologies. […]

Preserving Generational Wealth: Amanah.gold’s Global Accessibility and Secure Delivery

  Amidst growing concerns about the reserve ratios of financial institutions like the Federal Deposit Insurance Corporation (FDIC) in the USA and the Financial Services Compensation Scheme (FSCS) in the UK, individuals are exploring robust alternatives to safeguard their generational wealth. Amanah.gold emerges as a comprehensive solution, offering a secure platform where you can not […]

Russia and Iran Make Historic Move Away from SWIFT for Direct Bilateral Transactions

  In a groundbreaking development, Russia and Iran have officially severed ties with the SWIFT system, marking a pivotal departure from the Western-dominated transaction framework. Mohsen Karimi, Deputy Head of the Central Bank of Iran (CBI), made this announcement, revealing that both nations have embraced a direct interbank transfer mechanism. During an interview on Iranian […]

Islamic Emirate of Afghanistan Announces Abolishment of Usury Systems

  Introduction: In a significant development under the governance of the Islamic Emirate of Afghanistan, Acting Minister of Industry and Trade, Nooruddin Azizi, declared the abolition of all usury systems in the country. This announcement reflects the commitment of the Islamic Emirate to uphold the principles of the Islamic system through lawful and ethical means. […]

BRICS: China Aggressively Dumps US Dollars For 3 Days Straight

In a bold move that has sent shockwaves through global financial markets, China, a key member of the BRICS alliance, has reportedly engaged in an unprecedented three-day streak of aggressively divesting itself of US dollars. This strategic maneuver by the world’s second-largest economy has raised eyebrows and prompted speculation about its implications for the international […]

India’s Veiled Opposition to Pakistan’s BRICS Inclusion: A Potential Veto Looms

In the intricate landscape of international relations, regional dynamics often shape the trajectory of global partnerships. A recent development has brought to light India’s reservations regarding Pakistan’s prospective inclusion in the BRICS (Brazil, Russia, India, China, and South Africa) alliance. This subtle yet significant hint at contention raises questions about the future of diplomatic cooperation […]

BRICS to ditch U.S. Internet services

BRICS Nations Consider Shifting Away from US Internet Services: A Strategic Move for Digital Independence Introduction In a bold move that reflects a desire for increased autonomy and reduced reliance on the United States, the BRICS nations—Brazil, Russia, India, China, and South Africa—are contemplating a significant shift away from US-based internet services. This move, driven […]

Gold, your hedge against stupid. Not Property, Bitcoin, or the Banks.

Gold as a Hedge Against Uncertainty: A Time-Tested Safeguard Amidst Market Volatility Introduction In a world characterized by economic uncertainties and market volatility, the concept of gold being a hedge against irrationality has gained traction. This perspective posits that, unlike other traditional investment options such as property, Bitcoin, or bank deposits, gold serves as a […]

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