Categories Business China soon to rival NY & London as world’s financial center – Ray Dalio Posted on Posted onJanuary 14, 2021January 14, 2021By Editor It is only a matter of time before China’s financial system becomes a contender for Wall Street and the City of London’s supremacy, according to the founder of investment firm Bridgewater Associates, Ray Dalio. … Read More >China soon to rival NY & London as world’s financial center – Ray Dalio
Categories Asia & Pacific No unfair advantage’: Vietnam rejects US ‘currency manipulation’ charge, but vows to work with Washington to resolve row Posted on Posted onDecember 17, 2020December 17, 2020By Editor Vietnam’s central bank has dismissed US allegations of currency manipulation, insisting its policies aim to promote “stability,” after Washington labeled the nation an unfair competitor, potentially paving the way for new tariffs. … Read More >No unfair advantage’: Vietnam rejects US ‘currency manipulation’ charge, but vows to work with Washington to resolve row
Categories Business BRICS bank ‘working at full speed on supporting economic recovery’ of member states amid Covid crisis (VIDEO) Posted on Posted onNovember 17, 2020November 17, 2020By Editor The Covid-19 pandemic is bringing “unparalleled challenges,” but the BRICS New Development Bank (NDB) is “rising to the occasion” to tackle the crisis and boost the trade bloc’s economic recovery, said NDB President Marcos Troyjo. … Read More >BRICS bank ‘working at full speed on supporting economic recovery’ of member states amid Covid crisis (VIDEO)
Categories Business BRICS nations working together to bring trade bloc’s economies back to sustainable growth after Covid crisis – Putin Posted on Posted onNovember 17, 2020November 17, 2020By Editor BRICS member states have taken emergency steps in order to support national industries, finance and welfare in response to the global coronavirus pandemic, Russian President Vladimir Putin said on Tuesday. … Read More >BRICS nations working together to bring trade bloc’s economies back to sustainable growth after Covid crisis – Putin
Categories Russia Putting Benjamin to bed? In major move, China & Russian-led EEU bloc to replace trade in dollar & euro with domestic currencies Posted on Posted onOctober 28, 2020October 28, 2020By Editor The Eurasian Economic Union (EAEU), an analogue to the EU in the post-Soviet space, should begin using its own currencies in trade, rather than the Euro and Dollar, which dominate commerce between the member states and China. … Read More >Putting Benjamin to bed? In major move, China & Russian-led EEU bloc to replace trade in dollar & euro with domestic currencies
Categories Business BRICS bank provides member nations with over $10 BILLION in emergency assistance to fight pandemic Posted on Posted onOctober 28, 2020October 28, 2020By Editor The potential of the BRICS nations is unique, and the group’s New Development Bank (NDB) is showing high financial efficiency during the global Covid-19 crisis, Russian representatives at the Sixth BRICS Parliamentary Forum said. … Read More >BRICS bank provides member nations with over $10 BILLION in emergency assistance to fight pandemic
Categories Business Russia among TOP 10 countries leading global digital banking revolution Posted on Posted onOctober 19, 2020October 19, 2020By Editor A new survey by Deloitte has found that Russian banks are among the world leaders in terms of digitalization of their services, exceeding the global average in five out of the six key indicators. … Read More >Russia among TOP 10 countries leading global digital banking revolution
Categories Shows The looming European banking crisis Posted on Posted onSeptember 28, 2020September 28, 2020By Editor For many years all European banks have been in poor shape. The coronavirus pandemic has merely exposed the glaring fault lines of some of the world’s most clunky and inefficient banking systems. … Read More >The looming European banking crisis
Categories Op-ed Big Brother benefits: Covid accelerates transition to cashless society – but does it mean more safety or less freedom for us? Posted on Posted onMay 26, 2020May 26, 2020By Editor Never let a good crisis go to waste, the old saying goes, and we can see that clearly with ‘Covid-19 health concerns’ being used as an excuse to stop people exercising their right to pay in cash. … Read More >Big Brother benefits: Covid accelerates transition to cashless society – but does it mean more safety or less freedom for us?
Categories Business Bernard Arnault or Louis XVI? Keiser Report looks at how a billionaire gets peasant’s money to sell trinkets to other billionaires Posted on Posted onFebruary 27, 2020February 27, 2020By Editor All the money printed by central banks is going directly to billionaires, say Max Keiser and Stacy Herbert of the Keiser Report, and French luxury brand owner Bernard Arnault is just the latest example. … Read More >Bernard Arnault or Louis XVI? Keiser Report looks at how a billionaire gets peasant’s money to sell trinkets to other billionaires
