Economics

US Dollar Faces Test as Economist Sees Yuan, Rupee, Ruble Rising

US Dollar Faces Test as Economist Sees Yuan, Rupee, Ruble Rising

Global de-dollarization is surging as a leading economist confirms nations are accelerating the shift to local currencies, reshaping global finance with a powerful multi-currency push. Economist Sees Power Shift as Yuan, Rupee, Ruble Eat Into US Dollar’s Dominance Global de-dollarization is accelerating as countries shift to a multi-currency system, using alternatives to the U.S. dollar […]

US Dollar Faces Test as Economist Sees Yuan, Rupee, Ruble Rising Read More »

Federal Court Blocks Trump Tariffs; White House Appeals 

Federal Court Blocks Trump Tariffs; White House Appeals 

President Donald Trump appealed a federal court ruling that blocked his sweeping “Liberation Day” tariffs, setting up a high-stakes legal battle over presidential emergency powers. Separation of Powers Clash in Tariff Appeal The U.S. Court of International Trade ruled on May 28 that Trump exceeded his authority by using the International Emergency Economic Powers Act

Federal Court Blocks Trump Tariffs; White House Appeals  Read More »

BRICS Bank Fuels Russia’s De-Dollarization Push—Global Finance Faces Reset

BRICS Bank Fuels Russia’s De-Dollarization Push—Global Finance Faces Reset

Russia is turbocharging its de-dollarization drive through the BRICS Bank, championing non-dollar financing and pushing a multipolar system to disrupt Western dominance in global finance. Russia Unleashes Non-Dollar Push With BRICS Bank—Is the USD Era Crumbling? Russian Deputy Foreign Minister Sergey Ryabkov reaffirmed Russia’s strategic engagement with the BRICS New Development Bank (NDB) to advance

BRICS Bank Fuels Russia’s De-Dollarization Push—Global Finance Faces Reset Read More »

Former IMF Chief Economist: Bitcoin Undermines Dollar Hegemony in  Trillion Shadow Economy

Former IMF Chief Economist: Bitcoin Undermines Dollar Hegemony in $25 Trillion Shadow Economy

Kenneth Rogoff, former chief economist of the IMF, has argued that bitcoin flows are already affecting the use of the dollar in the so-called “shadow economy.” This, consequently, is causing troubles for the U.S. economy, by propping up interest rates. Former IMF Chief Economist Claims Bitcoin Is Substituting the Dollar in the $25T Shadow Economy

Former IMF Chief Economist: Bitcoin Undermines Dollar Hegemony in $25 Trillion Shadow Economy Read More »

De-Dollarization Deepens as SCO Nations Target Dollar-Free Trade

De-Dollarization Deepens as SCO Nations Target Dollar-Free Trade

Global financial power dynamics are shifting fast as the Shanghai Cooperation Organization drives a unified move to replace dollar dominance with national currencies in cross-border settlements. De-Dollarization Momentum Surges With SCO’s Coordinated Financial Reset A growing number of countries are moving to reduce reliance on the U.S. dollar in cross-border transactions, reflecting a broader global

De-Dollarization Deepens as SCO Nations Target Dollar-Free Trade Read More »

Peter Schiff Warns Trump’s ‘Big, Beautiful Bill’ Will Trigger Economic Collapse, Obliterate the Dollar

Peter Schiff Warns Trump’s ‘Big, Beautiful Bill’ Will Trigger Economic Collapse, Obliterate the Dollar

Peter Schiff torches Trump’s Big, Beautiful Bill as economic suicide, warning it will obliterate the dollar, supercharge deficits, and devastate the U.S. economy. Peter Schiff: Trump’s Bill Is a Fiscal Nuke That Will Wipe out the US Dollar Economist and gold advocate Peter Schiff shared in a few posts on social media platform X this

Peter Schiff Warns Trump’s ‘Big, Beautiful Bill’ Will Trigger Economic Collapse, Obliterate the Dollar Read More »

Economist Peter Schiff Labels Trump’s EU Tariff Threat ‘Market Manipulation’

Economist Peter Schiff Labels Trump’s EU Tariff Threat ‘Market Manipulation’

Economist Peter Schiff has slammed U.S. President Donald Trump’s recent threat to impose a 50% tariff on European Union imports, labeling it a tactic for market manipulation that benefits insiders. Trump: EU Created to Take Advantage of America Economist Peter Schiff has branded U.S. President Donald Trump‘s threat to impose a 50% tariff on European

Economist Peter Schiff Labels Trump’s EU Tariff Threat ‘Market Manipulation’ Read More »

Systemic Stress Tests Bond Markets as Long Yields Skyrocket Globally

Systemic Stress Tests Bond Markets as Long Yields Skyrocket Globally

Long-term U.S. Treasury yields loom near 18-year peaks as anxieties over global sovereign debt deepen, challenging faith in conventional financial safe havens. Investors Dump Long-Dated Bonds as Credit Risks Spread This week, U.S. Treasury yields approached critical thresholds: The 30-year bond briefly breached 5% for the first time in 16 years, fueled by Moody’s decision

Systemic Stress Tests Bond Markets as Long Yields Skyrocket Globally Read More »

Trump’s ‘Big, Beautiful Bill’ Could Push Millions to Crypto

Trump’s ‘Big, Beautiful Bill’ Could Push Millions to Crypto

If Trump’s bill is passed as it stands, it would introduce a 5% tax on remittances affecting over 40 million people. Analysts warn that this could spur the use of alternative options, such as crypto, to ensure these funds reach their destination while avoiding the proposed tax. ‘Big, Beautiful Bill’ Remittance Tax May Spur Crypto

Trump’s ‘Big, Beautiful Bill’ Could Push Millions to Crypto Read More »

Russia’s EAEU Trade Reaches 93% De-Dollarization in Blow to US Dollar Dominance

Russia’s EAEU Trade Reaches 93% De-Dollarization in Blow to US Dollar Dominance

De-dollarization is exploding across Eurasia as 93% of EAEU trade now flows through national currencies, signaling a decisive pivot from the U.S. dollar and reshaping global finance. Russia Says 93% of EAEU Trade Now in National Currencies as Dollar Use Crumbles A rising trend of de-dollarization is reshaping trade across Eurasia, as national currencies increasingly

Russia’s EAEU Trade Reaches 93% De-Dollarization in Blow to US Dollar Dominance Read More »