1. Home
  2. Economics

Economics

UBS Predicts ‘No Landing’ for US Economy — What It Means for Markets and Inflation

UBS Predicts ‘No Landing’ for US Economy — What It Means for Markets and InflationGlobal investment bank UBS is forecasting a “no landing” scenario for the U.S. economy, where growth continues and inflation remains stable, defying predictions of recession. With stronger-than-expected jobs data and GDP growth, UBS expects election-driven market volatility but sees economic momentum and AI trends supporting equities growth as the Fed moves toward rate cuts. UBS […]

Pro-Crypto Shift at SEC Begins as Anti-Crypto Commissioner Steps Down After Gensler Resigns

Russia Vows to Launch Domestic Payment System to Render Western Sanctions Obsolete

Russia Vows to Launch Domestic Payment System to Render Western Sanctions ObsoleteRussia is determined to create a domestic payment system to conduct trade and international transactions free from current disruptions. Mikhail Mishustin, Prime Minister of Russia, stated that this will be a joint effort by many institutions to achieve a principles-based system instead of the current one managed by Western institutions. Prime Minister States Russia Will […]

Pro-Crypto Shift at SEC Begins as Anti-Crypto Commissioner Steps Down After Gensler Resigns

BRICS Summit to Far Surpass US Presidential Election in Global Importance, Russian Official Claims

BRICS Summit to Far Surpass US Presidential Election in Global Importance, Russian Official ClaimsThe BRICS summit, not the U.S. presidential election, will be the defining event of global history, a Russian official claims. With BRICS expanding and 65% of its transactions now in national currencies, they argue the world is shifting away from U.S. dominance toward sovereign partnerships. “I believe that in 2024 the vector of human development […]

Pro-Crypto Shift at SEC Begins as Anti-Crypto Commissioner Steps Down After Gensler Resigns

Can BRICS Dethrone World Bank and IMF? Why Cuba Is Betting on Its Growing Dominance

Can BRICS Dethrone World Bank and IMF? Why Cuba Is Betting on Its Growing DominanceBRICS is emerging as a potential alternative to the World Bank and International Monetary Fund (IMF), challenging the dominance of Western-led financial institutions, according to Cuba’s Permanent Representative to the United Nations. With major economies like China and Russia among its members, BRICS offers developing nations more favorable financial terms. Countries such as Cuba and […]

Pro-Crypto Shift at SEC Begins as Anti-Crypto Commissioner Steps Down After Gensler Resigns

Peter Schiff Predicts ‘Mother of All Gold Bull Markets’ — Early Signs of Massive Gold Surge

Peter Schiff Predicts ‘Mother of All Gold Bull Markets’ — Early Signs of Massive Gold SurgeEconomist and gold advocate Peter Schiff predicts the “mother of all gold bull markets” as gold prices surge to a record $2,720 per ounce. He attributes the rally to inflation fueled by central banks, warning that fiat currencies are losing value. Schiff suggests this is only the start and encourages investors to act before prices […]

Pro-Crypto Shift at SEC Begins as Anti-Crypto Commissioner Steps Down After Gensler Resigns

Robert Kiyosaki Reveals His Secret to Surviving Inflation — Urges You to Do What He Did

Robert Kiyosaki Reveals His Secret to Surviving Inflation — Urges You to Do What He DidRich Dad Poor Dad author Robert Kiyosaki has shared his secret to surviving inflation, advising: “If you are wondering how you will survive and thrive in today’s high inflation environment … you may want to do what I did.” He warned of the dangers of relying on U.S. dollars and urged people to seek new […]

Pro-Crypto Shift at SEC Begins as Anti-Crypto Commissioner Steps Down After Gensler Resigns

Nobel Laureate Joseph Stiglitz Warns of the Dangers of Trump’s Victory for the U.S. Economy

Nobel Laureate Joseph Stiglitz Warns of the Dangers of Trump’s Victory for the U.S. EconomyJoseph Stiglitz has referred to the possible effects of a hypothetical victory by Donald Trump in the upcoming U.S. presidential election. The Nobel laureate specified that Trump’s threats to raise China’s import tariffs and his radical “zero-sum” view of the world could result in a fundamental shift in the current U.S. economy. Nobel Laureate Joseph […]

Pro-Crypto Shift at SEC Begins as Anti-Crypto Commissioner Steps Down After Gensler Resigns

BRICS Erodes US and EU Hegemony as Nations Seek Sovereignty and Equal Cooperation

BRICS Erodes US and EU Hegemony as Nations Seek Sovereignty and Equal CooperationBRICS is undermining the hegemony of Washington and Brussels as nations increasingly seek equal dialogue and cooperation that prioritize their own interests, according to Russia’s State Duma speaker. He stressed that countries are moving away from serving the U.S. and its allies, instead choosing partnerships that respect sovereignty and offer mutually beneficial cooperation, signaling a […]

Pro-Crypto Shift at SEC Begins as Anti-Crypto Commissioner Steps Down After Gensler Resigns

China’s Trade With BRICS Surges: A $653 Billion Boost in Emerging Markets

China’s Trade With BRICS Surges: A 3 Billion Boost in Emerging MarketsChina’s trade with BRICS countries surged by 5.1% year-on-year, reaching 4.62 trillion yuan (approximately $653 billion) in the first three quarters of 2024. Officials emphasized the importance of BRICS as a crucial platform for developing nations to collaborate, particularly in sectors like steel and textiles, further enhancing their global influence after expanding its membership earlier […]

Pro-Crypto Shift at SEC Begins as Anti-Crypto Commissioner Steps Down After Gensler Resigns

Analysts React to China’s Lackluster Stimulus Measures: Will a ‘Big Move’ Follow?

Analysts React to China’s Lackluster Stimulus Measures: Will a ‘Big Move’ Follow?Chinese investors have been left wanting more from the latest stimulus measures announced by authorities. Analysts are attempting to explain the reasons behind China’s lack of deeper action to stimulate its economy and how this might affect the Asian giant’s commercial partners. China’s Weak Stimulus Measures Stifle Markets, Analysts Try to Explain the Reasons Behind […]

Pro-Crypto Shift at SEC Begins as Anti-Crypto Commissioner Steps Down After Gensler Resigns