Introduction The national debt of the United States is a hot topic of debate in the political world. Currently, the debt is over $32 trillion and growing every year. In this article, we will dive into the details of what the national debt is, why it matters, and what can be done to address it. […]
Bangladesh to Settle Payment for Nuclear Power Plant in Yuan and not in dollars $$$
In recent years, China has been increasing its global presence by investing in major infrastructure projects around the world. One such project is the construction of a nuclear power plant in Bangladesh. In a recent development, Bangladesh has agreed to settle payments for the construction of this power plant in yuan, the Chinese currency. In […]
Major Supply Deficit for Silver: What You Need to Know
Introduction Silver is one of the most popular and widely traded precious metals in the world, with a variety of uses in industries ranging from electronics to solar panels. However, recent market trends have led to a major supply deficit for silver bullion, causing concern among investors and industry experts alike. In this article, we […]
Sunnah Currency now Accepts Bitcoin & Ethereum: Convert Your Digital assets into Real assets
In today’s digital age, people are looking for alternative ways to invest their money. As a result, digital currencies such as Bitcoin and Ethereum have become increasingly popular in recent years. However, despite their growing popularity, many people are still skeptical about their long-term value and stability. Sunnah Currency, a reputable precious metals dealer, has […]
Sunnah Coin: A Digital Islamic Coin Backed by Vaulted Gold & Silver.
In recent years, there has been a growing demand for digital currencies that are compliant with Islamic finance principles. Sunnah Currency’s Sunnah Coin is one such example. This article will explore what the Sunnah Coin is, how it works, and its unique features that make it an attractive investment option for Muslims who want to […]
Tunisia Refuses IMF Loans and Expresses Interest in Becoming a Member of BRICS
Tunisia, a North African country, has recently made a bold decision to refuse loans from the International Monetary Fund (IMF) and express interest in joining the BRICS group. This decision has sparked a great deal of interest and debate among economists and policymakers, as it represents a significant shift in Tunisia’s economic strategy. In this […]
Anti-Putin sanctions to backfire on Dollar? Biden ‘panics’ as U.S. Treasury Secy warns
Outline I. Introduction Explanation of anti-Putin sanctions Brief background on the US-Russia relationship The impact of sanctions on the US dollar II. What are the anti-Putin sanctions? Explanation of the sanctions imposed on Russia Who is affected by these sanctions? The reasons for the sanctions III. How will the sanctions impact the US dollar? Analysis […]
Depositors Pull a Whopping $60 Billion from three U.S. Banks
The recent news of depositors withdrawing $60 billion from three US banks has caused a stir in the financial world. This unprecedented move has raised concerns about the stability of these banks, and investors are looking for answers. In this article, we will take a closer look at what happened, why it happened, and what […]
Yellen says sanctions may risk hegemony of US dollar
The US dollar has been the world’s dominant currency for decades. Its position has been reinforced by the power and influence of the United States, its economy, and its policies. However, recent comments by Janet Yellen, the US Treasury Secretary, have raised questions about the sustainability of this status. Yellen has warned that the use […]
China’s New Yuan Policy Targets Dollar’s Reserve Status
China has recently launched a new policy that targets the reserve status of the US dollar by promoting its own currency, the yuan. The policy is aimed at reducing China’s reliance on the dollar, which is currently the dominant global currency used in international trade, investments, and foreign exchange reserves. Introduction China’s new yuan policy […]