In recent years, de-dollarisation has become a hot topic in the world of finance. Countries around the world are increasingly looking to reduce their dependence on the US dollar as the world’s reserve currency. This shift has been described as happening at a “stunning” pace, with some experts predicting that the dollar’s dominance may be […]
In recent years, the world has witnessed a surge in the popularity of digital currencies. While these currencies have numerous advantages, they are not without their challenges. Volatility is one of the most significant issues associated with digital currencies. This problem has made investors look for alternatives that offer stability and security. In this article, […]
The Reserve Bank of Zimbabwe (RBZ) has announced plans to launch a gold-backed digital currency in a bid to reduce the country’s reliance on the U.S. dollar. The move comes as the country faces ongoing economic challenges and struggles to access foreign currency. Introduction Zimbabwe has a long history of economic instability, including hyperinflation and […]
Moody’s Investors Service, a leading provider of credit ratings, research, and risk analysis, has downgraded 11 regional banks in the United States, including Zions, U.S. Bank, and Western Alliance. The downgrades were driven by the economic and financial impact of the COVID-19 pandemic, which has affected the financial performance of banks across the country. Table […]
Introduction The BRICS nations (Brazil, Russia, India, China, and South Africa) have been working towards de-dollarisation for several years now. This push away from the US dollar as the global reserve currency has gained momentum recently, with Jakarta becoming the latest city to make a move towards this goal. What is de-dollarisation? De-dollarisation is the […]
Introduction Brief overview of de-dollarisation India and Bangladesh’s decision to ditch the dollar in trade Importance of this decision in the global economic landscape The Rise of De-dollarisation Explanation of de-dollarisation Historical context of the US dollar as the global reserve currency The shift towards de-dollarisation by countries such as Russia and China Reasons for […]
On April 22, 2023, Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman held a phone call to discuss OPEC+ cooperation. This call highlights the importance of OPEC+ cooperation in stabilising oil prices and ensuring the stability of the global economy. In this article, we will delve deeper into the history of OPEC+ […]
Question Can I buy gold jewellery online where by I make a payment to the seller using bank transfer of paper money or do the same using my bank card. The seller then sends me the gold item by post? Did we exchange the gold and paper money on the spot or not please? […]
Introduction Background Arkansas Gold and Silver Legal Tender Law Key provisions of the law Benefits and challenges of the law Similar Legislation in Other States Overview of similar legislation Examples of states with similar laws Pros and cons of the movement Historical Context of Gold and Silver as Legal Tender History of gold and silver […]
Japan has been one of the leading economies in the world for decades, but it is now facing a serious economic challenge due to its record-breaking trade deficit. This article explores the implications of Japan’s trade deficit, including the factors that contributed to it, the impact on the Japanese economy, and the possible solutions to […]
