Central banks have been shopping for large quantities of gold over the past 50 years, buying a historic excessive of 374.1 tons in 2019. The unprecedented shift has been seen by many as a transfer away from the US greenback. ...
Whereas Washington is “abusing” the standing of the greenback because the world reserve foreign money, Moscow will proceed to cut back its dependence on the dollar in favor of nationwide currencies, the Russian international minister says. ...
Former US monetary regulator J. Christopher Giancarlo, often known as ‘Crypto Dad’ for his help of cryptocurrencies, has introduced the launch of a assume tank to push the concept of digitizing the US greenback. ...
As American aerospace big Boeing continues to be coping with the 737 Max disaster, the corporate’s poor efficiency may have penalties for all the US financial system, slowing progress and affecting the dollar. ...
Central banks have destroyed worth within the property markets, the bond markets, and the inventory markets, British-American investor Mitch Feierstein says. The ...
Ex-NBA commissioner David Stern, who led the league for three a long time & turned it into multi-billion greenback enterprise, dies at 77
Posted On Thursday, January 2, 2020 By Russian Opinion. Under Sports Tags: Commissioner, David, decades’, dies, Dollar, Enterprise, exNBA, into, League, multibillion, Turned, Стерн
Stern died on Wednesday afternoon because of a mind hemorrhage he suffered in mid-December, which required emergency surgical procedure, the NBA stated in a press release. He was the league’s fourth commissioner, based in 1946. ...
Hong Kong greenback peg: may America's democracy act spell the tip of the town’s US greenback peg and fame for monetary stability?
Posted On Thursday, December 12, 2019 By Russian Opinion. Under WORLD Tags: America's, city’s, could, Democracy, Dollar, Financial, Hong, Kong, reputation, spell, stability
US laws that paves the best way for diplomatic motion and sanctions in opposition to Hong Kong may probably threaten the town’s change fee peg and long-term standing as a monetary centre, analysts mentioned. The Hong Kong Human Rights and Democracy Act, which was signed into legislation final month by ...
Gold costs will climb to $ 1,600 per ounce over the subsequent 12 months, Wall Avenue financial institution Goldman Sachs tasks. It says that central banks are consuming a fifth of the worldwide provide of the yellow steel. ...
Russia is able to considerably cut back its dependence on international financing, Alexander Morozov, chief of the Analysis and Forecasting division on the Central Financial institution of Russia, has informed RT. ...
There are two economies in america, says RT’s Keiser Report, the actual financial system, the place the 99 % reside, and the one-percent financial system, the place bankers and the company elite reside. ...
