In a bold and unprecedented move, twelve states within the United States have recently declared currency independence, sparking discussions about the future of finance, state autonomy, and the evolving landscape of economics within the nation. This groundbreaking development signifies a significant shift in how states perceive and manage their economies. Traditionally, the U.S. dollar […]
Introduction: In recent geopolitical developments, the Turko-Azeri alliance is making significant strides towards establishing the Zangezur Corridor, a strategic passage that would effectively ‘cut’ Armenia into two parts. This move is perceived as a step towards the realization of ‘Greater Turan,’ a vision that carries profound implications not only for the countries directly involved […]
In the world of finance, few voices carry as much weight as that of Jamie Dimon, the Chairman and CEO of JPMorgan Chase, one of the largest and most influential banks in the United States. Dimon’s recent warning of a potential 7% jump has sent ripples through financial markets and sparked conversations about the factors […]
Introduction The global energy landscape is a complex web of interdependencies, with energy-rich nations often playing a pivotal role in shaping the supply and demand dynamics. One such nation, Russia, has recently made headlines with its decision to implement a diesel export ban. This move has raised concerns, particularly in Europe, where winter brings […]
Who is Mufit Asim Patel? Mufti Asim Patel is a highly esteemed Islamic scholar hailing from South Africa. His journey in the pursuit of Islamic knowledge commenced at a young age, demonstrating his deep passion and dedication. Mufti Asim embarked on his academic endeavors at Darul-Uloom Zakariyya – SA, where he completed his Hifdh (memorisation […]
In a significant move towards embracing blockchain technology, Citigroup, one of the world’s leading banking institutions, has unveiled plans to launch a private blockchain platform. This innovative platform aims to revolutionize the way client deposits are handled, by transforming them into digital tokens. The development signals a growing interest among financial institutions to harness […]
Introduction The United States, often touted as the world’s economic powerhouse, is facing a financial challenge of monumental proportions. The nation’s national debt is teetering on the brink of an astonishing $33 trillion, raising concerns and sparking debates about the consequences of such a staggering financial burden. In this article, we delve into the […]
Introduction In the heart of the United Arab Emirates (UAE), an innovative concept has emerged that could revolutionize the way individuals and institutions safeguard their wealth. Amanah Vault, an offshore gold haven, offers a unique solution for those seeking to protect their assets with the security and stability for which the UAE is renowned. […]
In a dynamic shift towards modernizing their economic relationship, Japan and Iran are actively considering the use of digital currencies for facilitating energy trade. This innovative approach could reshape international trade dynamics and offer benefits for both nations. The Traditional Energy Trade Paradigm Historically, energy trade between nations has relied on conventional financial systems, […]
In a significant shift that carries broad implications for the global financial landscape, the Association of Southeast Asian Nations (ASEAN) has taken steps to reduce its dependence on the United States dollar. This move reflects ASEAN’s ambition to strengthen regional economic stability and promote greater financial independence. Background: ASEAN and the Dollar Dominance For decades, […]
