While many countries around the globe are embracing the idea of having their own digital currencies, China has outpaced others in the race for a financial technology breakthrough with its [ … ]
Category: world economy
Dream House, Nightmare Mortgage: Carry on! | Michael Hudson
Source: Dream House, Nightmare Mortgage: Carry on! | Michael Hudson
Russia’s National Wealth Fund gets greenlight for gold investments as Moscow pursues de-dollarization policy — RT Business News
Russia’s Finance Ministry has allowed the National Wealth Fund (NWF) to diversify its assets by investing part of the funds into precious metals, including gold. Source: Russia’s National Wealth [ … ]
China: Key Driver of the Global Economy From Pandemic | Opinion | teleSUR English
With the IMF predicting that 60 per cent of the growth in the global economy next year will take place in China, it would be better for the U.S. to [ … ]
Russia’s $583 Billion Reserves Now Hold More Gold Than Dollars – Bloomberg
A multi-year drive to reduce exposure to U.S. assets has pushed the share of gold in Russia’s $583 billion international reserves above dollars for the first time on record. Source: [ … ]
Gold Hits 5-Month Low in GBP Ahead of UK Vote, ‘De-Dollarization’ to Support 2020 Prices | Gold News
GOLD PRICES rallied on Tuesday in London, halving Friday’s $20 plunge against a fast-weakening US Dollar as world stock markets struggled below last week’s near-record highs and the British Pound [ … ]
China (and the world economy) at the end of the road – GnS Economics
Unlike in 2009 and in 2015/2016, monetary stimulus will be ineffective in resuscitating the global economy this time around. Source: China (and the world economy) at the end of the [ … ]
PEPE ESCOBAR: The Age of Anger Exploding in Serial Geysers
The presidential election in Argentina pitted the people against neoliberalism and the people won. What happens next will have a tremendous impact all over Latin America and serve as a blueprint for [ … ]
In Iraq, Lebanon and Chile, Locally Driven Protests Can Have a Global Impact
From Lebanon and Iraq to Ecuador and Chile, popular protests have shaken governments worldwide. Has popular dissatisfaction with the unfair distribution of globalization’s spoils reached a tipping point? Or are [ … ]
Burn, Neoliberalism, Burn | The Vineyard of the Saker
A bird’s eye view of the vineyard Source: Burn, Neoliberalism, Burn | The Vineyard of the Saker
Economics Nobel goes to poverty-fighting science | Science News
Three scientists share the Nobel Memorial Prize in Economic Sciences for developing real-world interventions for tackling poverty. Source: Economics Nobel goes to poverty-fighting science | Science News
BIGGEST FINANCIAL EVENT IN A GENERATION | Jim Willie On Metals & Markets | Silver Doctors
Jim Willie tells Elijah Johnson and James Anderson the launch of the gold and oil Yuan contracts is the most important financial event in a generation. Source: BIGGEST FINANCIAL EVENT [ … ]
In trade dispute, China has a secret weapon | The Japan Times
Source: In trade dispute, China has a secret weapon | The Japan Times
ALERT: Syria first strike in World War 3 – Deep Analysis | Zero Hedge | Zero Hedge
I don’t agree with everything in this article nevertheless I found it interesting.Source: ALERT: Syria first strike in World War 3 – Deep Analysis | Zero Hedge | Zero Hedge
Book Review: The Fix: How Bankers Lied, Cheated and Colluded to Rig the World’s Most Important Number by Liam Vaughan and Gavin Finch | USAPP
In The Fix: How Bankers Lied, Cheated and Colluded to Rig the World’s Most Important Number, Liam Vaughan and Gavin Finch offer a multidimensional journalistic account of the Libor scandal, [ … ]
