US national debt exceeds $32 trillion for first time
The US national debt topped $32 trillion for the first time ever this week, according to Treasury Department data released Friday. Even though just two weeks ago the White House…
Mali discussed security and economic relations with Russia
The head of Mali’s junta, Colonel Assimi Goïta, and Russian President Vladimir Putin discussed security and economic relations between the two countries in a telephone call. During the call “at…
Fed pauses rate increases
The Fed decided to keep the key rate unchanged at 5-5.25% at its June meeting, taking a break after 10 straight rate hikes. The pause is expected to give officials…
Egypt applied to join BRICS, Russian ambassador says
Russia’s ambassador to Egypt on Wednesday said Cairo applied to join BRICS, a bloc of emerging economies comprising Brazil, Russia, India, China, and South Africa. “Egypt has applied to join…
Judge rebuffs SEC request for Binance US asset freeze
The federal judge overseeing the US Securities and Exchange Commission’s case against Binance and Binance US declined to order a temporary restraining order freezing the US trading platform’s assets. That…
Asian Clearing Union (ACU) Introduces Yuan, Ruble & Rupee for Electronic Transactions, Ditching Dollar and Swift Association.
In an interview with Iran’s Jam Jam, ACU Secretary General Farhad Morsley pointed out that the ACU meeting in Tehran recently made 12 decisions as central bank officials in India…