IMF sees world gradually abandoning US dollar
The world is gradually ditching the US dollar, International Monetary Fund Managing Director Kristalina Georgieva said at the Milken Institute Global Conference in California. The dollar is being gradually abandoned…
A reminder that back in the Global Financial Crisis over 150 banks went out of business.
Today, 4 failures already equate to nearly the entire amount of assets financial institutions held during the banking crisis issue of ’08 and ’09. If you are asking yourself whether…
Russian Gold Is in Hands of Obscure Firms as JPMorgan, HSBC Exit
Some little-known firms are taking over Russian bullion trade Imports banned in G-7 and EU nations, but allowed elsewhere By Eddie Spence May 2, 2023 at 6:40 PM GMT+4 With…
