Economics

Africa Unites in Currency Revolution: PAPSS Launches Dollar-Free Trade Platform

Africa Unites in Currency Revolution: PAPSS Launches Dollar-Free Trade Platform

The Pan-African Payment and Settlement System has officially launched a currency marketplace aimed at reducing reliance on the U.S. dollar for intra-African trade. No Hard Currency Involved The Pan-African Payment and Settlement System (PAPSS) has launched the African Currency Marketplace, a major step toward reducing reliance on the U.S. dollar for intra-African trade settlements. This […]

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Winklevoss and Armstrong Warn: Socialism Punishes the Poor the Most

Winklevoss and Armstrong Warn: Socialism Punishes the Poor the Most

In a stark rebuke of rising socialist sentiment in New York City, tech entrepreneur Tyler Winklevoss voiced his concerns over the ideological direction of the city and the nation. Crypto Moguls Criticize Socialism’s False Promises Gemini co-founder Tyler Winklevoss has issued a scathing critique of New York City’s political and cultural decline, responding to questions

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BRICS Internal Trade Reaches Major Milestone: Bloc Strengthens Inner Bonds

BRICS Internal Trade Reaches Major Milestone: Bloc Strengthens Inner Bonds

The BRICS organization has reached a milestone in internal trade numbers, reaffirming the relevance of these relations as part of the world’s economic exchange structure. President Putin reinforced the relevance of the new BRICS growth model, independent of Western dominance and based on South-South cooperation. BRICS Reaches $1 Trillion in Internal Trade Numbers BRICS, integrated

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A16z Calls to Relaunch American Capitalism to Undermine the Chinese Threat

A16z Calls to Relaunch American Capitalism to Undermine the Chinese Threat

Matt Cronin, senior national security advisor at A16z (Andreessen Horowitz), proposes relaunching capitalism as a system by grouping government and industry to achieve common goals. Cronin states that this is the only way to battle China’s centralized order, which threatens the U.S. A16z Proposes New Purpose-Led, Industry-Aligned Capitalism to Beat China Industry giants believe that

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Argentina Outgrows China, Smashing Economic Record Numbers

Argentina Outgrows China, Smashing Economic Record Numbers

The Government of Argentina has achieved yet another victory in restoring the country to its former economic glory. Milei’s libertarian proposals and austerity measures have led to the largest economic growth since 2022, with private consumption also on the rise. Official Data Shows Argentina’s Growth Keeps Breaking Records Argentina continues to post positive economic figures

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Yuan vs. Greenback: China’s Quiet Campaign for Financial Supremacy

Yuan vs. Greenback: China’s Quiet Campaign for Financial Supremacy

Chinese authorities are ramping up efforts to enhance the international status of the yuan and reduce reliance on the U.S. dollar, particularly as confidence in the dollar wanes. Dollar Decline Aids Yuan China is intensifying efforts to elevate the yuan’s international standing and challenge the U.S. dollar’s global dominance, seizing an opportune moment as international

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Markets Enter Uncharted Chaos as Iran Strike Forces Brutal Portfolio Resets

Markets Enter Uncharted Chaos as Iran Strike Forces Brutal Portfolio Resets

Intensifying Middle East conflict and surging geopolitical risk are igniting a dramatic market realignment, driving investors into energy, defense, commodities, and inflation-protected assets as volatility erupts. Market Outlook Darkens With Soaring Oil and Heightened Middle East Tensions A destabilizing jolt has shaken global markets, fueling inflation fears and sector turmoil as military escalation intensifies in

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From Bombers to Basis Points: Traders Eye Fed Rate Cut in July Amid Rising Tensions

From Bombers to Basis Points: Traders Eye Fed Rate Cut in July Amid Rising Tensions

As the globe fixates on America’s involvement in the escalating conflict between Israel and Iran, the probability of a July quarter-point rate cut by the U.S. Federal Reserve has edged up by a percentage point, reaching 15.5%. Rate Cut Radar Lights Up After U.S. Hits Iran’s Nuclear Facilities Just two days ago—after the latest Federal

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Analysts: China Should Introduce Yuan Alternatives to Combat Dollarization Driven by Stablecoins

Analysts: China Should Introduce Yuan Alternatives to Combat Dollarization Driven by Stablecoins

According to analysts, one alternative for China to combat the impending stablecoin-based dollarization and its unintended consequences is the issuance of a yuan stablecoin. This token could originate in Hong Kong, which has already enacted regulations for such instruments. Analysts: China Has the Option to Fight Dollarization With Yuan Stablecoin The U.S. government’s push for

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De-Dollarization Hits Critical Mass With Russia-Belarus Near-Complete Currency Transition

De-Dollarization Hits Critical Mass With Russia-Belarus Near-Complete Currency Transition

De-dollarization accelerates as Russia and Belarus abandon the U.S. dollar in 98.8% of trade, unleashing profound economic realignments that challenge Western financial supremacy and fuel global volatility. Russia and Belarus Complete Stunning 98.8% Shift to National Currencies in Trade The global trend toward de-dollarization has been gaining momentum as countries seek to reduce reliance on

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