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Critics: G7’s $50 Billion Russian Assets-Backed Loan Might Upset the West’s Financial Stability

Critics: G7’s  Billion Russian Assets-Backed Loan Might Upset the West’s Financial StabilityThe G7’s finalized deal approving a Russian assets-backed loan of $50 billion to support the Ukrainian war effort has the potential to upset the Western financial system. Critics state that the U.S. and other countries may face repercussions, including losing the trust of some of their allies. Russian Assets-Backed Loan Has the Potential of Changing […]

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Morgan Stanley Warns High-Stakes 2024 Election Could Unleash Major Market Shifts

Morgan Stanley Warns High-Stakes 2024 Election Could Unleash Major Market ShiftsMorgan Stanley analysts caution that the 2024 U.S. presidential election could unleash severe market volatility, driven by prolonged ballot counting, economic uncertainty, and unpredictable voter sentiment. Election Delays and Surprises: Morgan Stanley Predicts Shifts in Market Paths Morgan Stanley analysts Monica Guerra and Daniel Kohen examined the potential market impacts of the 2024 U.S. presidential […]

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5,000 Delegates Gather as BRICS Charts a Path to Sidestep Western Influence

5,000 Delegates Gather as BRICS Charts a Path to Sidestep Western InfluenceWith 5,255 delegates attending, the 16th BRICS Summit in Kazan focused on building a “multipolar world order” and reducing reliance on dollar-based systems. With Over 5,000 Delegates, BRICS Summit Sends a Message to the Dollar’s Dominance More than 5,000 delegates gathered in Kazan for the 16th BRICS Summit which took place from Oct. 22-24, marking […]

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BRICS Isn’t Anti-West but Won’t Tolerate Western Currency Domination, Russian Official Says

BRICS Isn’t Anti-West but Won’t Tolerate Western Currency Domination, Russian Official SaysBRICS has condemned Western economic dominance and currency control tactics, accusing the West of using reserve currencies as “weapons” to maintain its monopoly. BRICS Says No to Western Monopoly, Criticizes Currency Control Strategies Russia’s Deputy Foreign Minister and BRICS Sherpa Sergey Ryabkov has clarified that the BRICS alliance is not intended as an anti-Western bloc […]

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BRICS Payment System a SWIFT Substitute? Network to Implement Digital Assets and Financial Messages

BRICS Payment System a SWIFT Substitute? Network to Implement Digital Assets and Financial MessagesThe Russian Finance Minister offered insight into the inner workings of the new BRICS payment system at the recent summit held in Kazan. Anton Siluanov stated that the modern system will take digital financial assets into account and will be able to deliver financial messages. BRICS Proposed Payment System Might Use Digital Assets as Currencies […]

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Iran Declares UN and IMF Ineffective, Advocates for BRICS-Driven World Order

Iran Declares UN and IMF Ineffective, Advocates for BRICS-Driven World OrderIran’s president slammed the UN Security Council and International Monetary Fund (IMF) at the BRICS summit, accusing them of losing effectiveness due to Western interference. He called for BRICS nations to reduce reliance on Western financial systems and push for a new global order. The president urged the bloc to strengthen alternative institutions and reshape […]

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Massive Turnout at BRICS Summit Proves West’s Strategy to Isolate Russia Failed

Massive Turnout at BRICS Summit Proves West’s Strategy to Isolate Russia FailedWestern efforts to isolate Russia have faltered as 36 nations attended the BRICS Summit in Kazan, a Russian official has declared. The BRICS leaders summit, chaired by Russia, saw 22 high-level delegations, highlighting Russia’s continued global influence despite sanctions and efforts by the U.S. and EU to marginalize it. West’s Isolation Strategy Fails: 36 Nations […]

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Western Investors Flip-Flop on Gold, Become Bull Market Price Setters

Western Investors Flip-Flop on Gold, Become Bull Market Price SettersJan Nieuwenhuijs, a seasoned gold market analyst, has observed a change in gold purchasing flows, stating that while the East previously drove prices up, Western investors are now in charge of pushing the gold market to new heights. However, a ‘perfect storm’ for gold prices might ensue if the East starts buying again. Western Investors […]

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‘Deep Chainsaw’ Sinks Deeper as Milei Axes Tax Enforcer in Argentina

‘Deep Chainsaw’ Sinks Deeper as Milei Axes Tax Enforcer in ArgentinaPresident Javier Milei has taken yet another step in reducing the size of the state. Through the President’s Office X account, Milei revealed that he would axe AFIP, the current tax enforcer in Argentina, replacing it with a simpler, smaller agency, eliminating over a third of the institution’s current structural organization. President Javier Milei Announces […]

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Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence

Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End DependenceIran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by such dependence. Addressing the BRICS summit in Russia, Iran’s president urged the bloc to explore alternative structures and strengthen institutions like the New Development Bank to support new members. He reaffirmed Iran’s commitment to reshaping […]

Bitcoin ETFs could overtake gold ETFs in size within one month