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 […]
HSBC and Amanah Group Revolutionise London and Dubai’s Gold Markets with Blockchain Technology
In a simultaneous move towards innovation, HSBC and the Amanah Group have independently embarked on groundbreaking initiatives to transform the way gold is traded in London and Dubai. Both financial powerhouses are set to introduce blockchain technology into their respective gold trading centers, heralding a new era of digital gold trading. HSBC’s Vision for Modernizing […]
(Well, ) what do you know? Unlocking Palestine’s Untapped Energy Wealth
A Path to Socioeconomic Progress and Regional Cooperation Introduction: In the heart of the occupied Palestinian territory (oPt), beneath the surface of Area C in the West Bank and the Mediterranean coast off the Gaza Strip, lie vast and untapped reserves of oil and natural gas. These resources, recently brought to light by geologists and […]
World at ‘Tipping Point’ Following Government Debt Binges, Says HSBC Boss
In a stark warning, the CEO of HSBC, Noel Quinn, has raised concerns about the global economy reaching a precarious ‘tipping point’ due to the unprecedented levels of government debt. The aftermath of the COVID-19 pandemic has seen nations worldwide resorting to substantial financial measures to keep their economies afloat, resulting in an alarming […]
Malaysia’s Prime Minister’s Ambitious Gold Dinar- Sunnah Currency Initiative
Empowering Islamic Economies: Malaysia’s Ambitious Gold Dinar Initiative In a groundbreaking endeavor, Malaysian Prime Minister Anwar Ibrahim has embarked on a mission to resurrect the Gold Dinar, a move aimed at rekindling the economic glory of Islamic civilizations. This visionary initiative holds profound implications for the global financial landscape, emphasizing stability, ethical financial practices, and […]
Bold Move: BRICS Leading Oil Company Ditches US Dollar, Embraces Local Currencies
In a strategic maneuver that has sent ripples across the global financial landscape, Gazprom Neft, Russia’s third-largest oil exporter, has taken a significant step toward reshaping international trade dynamics. The company, a leading entity within the BRICS consortium (Brazil, Russia, India, China, and South Africa), has boldly declared its departure from the reliance on […]
Japan’s Monumental Decision to Sell-Off $900 Billion Worth of U.S. Bonds: The trigger for Economic Crisis?
In the intricate web of global finance, every move by major economies can send ripples across international markets. Japan’s recent decision to embark on a massive sell-off of U.S. bonds, amounting to a staggering $900 billion, has sparked concerns and debates within the economic community. The question looming large: Could this substantial divestment trigger […]
Isn’t It Ironic? Iraq’s Journey to De-Dollarise by 31st December 2023.
In a twist of fate that could be considered ironic by many, Iraq, a nation whose recent history has been intertwined with the U.S. dollar, is set to embark on a transformative journey to de-dollarise its economy by December 31, 2023. This bold move, laden with historical significance, raises eyebrows and sparks conversations about […]