Report Claims Russia and Iran Plan to Establish a Global Gas Cartel, Moscow to Launch Its Own Precious Metals Exchange
Following Russian president Vladimir Putin’s statements at the end of June that indicated members of the BRICS nations have formalized plans to create a new “international reserve currency,” Russia is…
The Central Bank of Colombia Is Studying the Creation of a Digital Currency
The Central Bank of Colombia is studying the launch of a digital currency, according to statements made by its manager, Leonardo Villar. The organization is evaluating the launch of this…
Lebanon Ponzi Finance: World Bank Says Politicians Are to Blame for the ‘Deliberate Depression’
Deliberately insufficient policy responses by successive Lebanese governments combined with the self-serving agreements by politicians are largely to blame for the country’s economic crisis, a report by the World Bank…
Economies Are Much Too Complicated To Plan And Control
Bitcoin is the free market alternative to inept economists using their not-so-invisible hands to manipulate various economies across the globe. This is an opinion editorial by Max Borders, a well-published…
Reports Say Beijing Attacking Taiwan Could Lead to ‘Far-Reaching Economic Consequences’
While the global economy remains gloomy and the war in Ukraine continues, there’s been significant tension between China and Taiwan. The American representative from California, Nancy Pelosi, plans to visit…
Nigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed
The Central Bank of Nigeria should be discontinuing the fixed exchange rate system and let the naira freely float against the major currencies, Alhaji Aminu Gwadabe, the leader of a…
Krugman Says He Was ‘Wrong About Inflation,’ Summers Talks Recession, Biden Criticized Over ‘Half-Truths and Fibs’
In mid-June red hot inflation reared its ugly head in America once again, as the latest U.S. Bureau of Labor Statistics’ Consumer Price Index (CPI) report indicated that inflation in…
Fixing Broken Fiat Plumbing — Sharing A House Separated By Cantillon Privilege
A firefighter’s take on today’s precarious economic mechanics and how bitcoin steps in as an empowerment tool for the middle class. This is an opinion editorial by Dan, cohost of the…
India Hikes Duty on Imported Gold, Seeking to Bring Down Trade Deficit
In its attempt to relieve the pressure against the rupee, the Indian government announced on July 1 that it had hiked the duty on imported gold by five percentage points…