Treasury Secretary Bessent Leads Search for Next Fed Chair as Powell’s Term Nears End
Treasury Secretary Scott Bessent is actively involved in selecting a replacement for Federal Reserve Chair Jerome Powell, whose term concludes in May 2026, with President Donald Trump expected to announce a successor imminently. Powell Successor Expected Soon; Bessent Warns of Market Risks Treasury Secretary Scott Bessent is playing a pivotal role in the process of […]
US Dollar Faces Historic Stress Test as BIS Issues Dire Warning on Global Fragility
U.S. policy upheaval is rattling global markets, weakening the dollar’s safe-haven status and accelerating fears of systemic instability, as financial trust erodes worldwide. US Policy Chaos Triggers BIS Warning: Dollar in Danger, Trust Eroding Fast Persistent economic uncertainty is reshaping financial stability, and mounting structural vulnerabilities threaten to delay recovery unless policymakers confront fragile foundations […]
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 […]
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 […]
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 […]
Platinum Stars Mad Rally: Why Is the Metal Pumping so Violently?
Platinum has reached prices of over $1,400 after being dormant while its sibling, gold, was in the spotlight due to its impressive performance. Nonetheless, a perfect storm of low inventories, a newfound interest in its jewelry use case, and the rise of Eastern buyers is pushing the metal to reach even higher levels. Platinum Outshines […]
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 […]
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 […]
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 […]
Oil Markets on Knife-Edge With Brent Poised for Violent Breakout Amid War Fears
A top economist warns explosive energy price swings from escalating Middle East tensions are inflaming inflation risks, driving investor panic, and threatening to destabilize fragile global growth. Global Markets Rattle With Energy Price Volatility and Mounting Inflation Pressures Rising geopolitical instability is jolting global markets, injecting sharp uncertainty into oil prices and casting fresh doubts […]