The Bank of England (BoE) is planning to introduce its own digital currency, dubbed ‘Britcoin’, according to a recent announcement by the bank. The digital currency is intended to be a stablecoin backed by the pound sterling and will allow users to make transactions directly through their smartphones, bypassing traditional banking channels. This move towards […]
Outline: I. Introduction Explanation of Islamic Gold Dinar Importance of Sunnah Currency II. The History of the Islamic Gold Dinar The Use of Gold Coins in Islamic Civilisation The Emergence of Paper Money and Its Disadvantages The Introduction of the Islamic Gold Dinar in Malaysia III. The Benefits of Using Islamic Gold Dinar Protection Against […]
Outline I. Introduction Explanation of BRICS and G7 nations Brief overview of GDP (PPP) II. Understanding GDP (PPP) Definition and explanation of GDP (PPP) How GDP (PPP) is calculated Benefits of GDP (PPP) III. Overview of BRICS and G7 Nations Brief history and formation of BRICS and G7 nations List of countries in each group […]
The Saudi Crown Prince, Mohammed bin Salman, has recently declared that he is done pleasing the United States. This statement has raised many questions about the future of Saudi-US relations, the Middle East’s political dynamics, and the global balance of power. In this article, we will explore the reasons behind this statement, its implications for […]
In a recent interview, French President Emmanuel Macron stated that Europe should reduce its dependence on the US dollar as the dominant currency in international trade. This statement has raised questions about the future of the global financial system and the potential impact on the economies of Europe and the United States. In this article, […]
The sterling pound has been one of the most prominent currencies in the world for centuries. It has held its value even during turbulent times like the World Wars and the global financial crisis. However, with the dominance of the US dollar, many are wondering what would happen to the sterling pound if the dollar […]
The European Central Bank (ECB) has announced plans to launch a digital version of the euro. The move comes as the world increasingly shifts towards digital payments, and the ECB aims to remain competitive in the global financial market. In this article, we will explore what the digital euro is, how it differs from traditional […]
Texas, one of the largest states in the United States, has recently made a bold move by announcing their plans to create a gold-backed digital currency. This move is seen as a significant step towards decentralisation and providing an alternative to the traditional banking system. In this article, we will explore the implications of this […]
In recent news, China, Russia and India have made a groundbreaking announcement that they will be implementing a common digital currency backed by gold. This move is expected to have a significant impact on the global economy, especially considering that these three countries make up more than 40% of the world’s population. In this article, […]
Gold has long been a valuable and highly sought-after commodity, and recent news suggests that central banks worldwide are taking notice. In February alone, global central banks added 52 tons of gold to their reserves, marking the eleventh consecutive month of net purchases. This trend has not gone unnoticed by people around the world, and […]
