Americans owe $1 trillion in credit card debt.
America’s credit card balance has passed $1 trillion, or it’s about to, depending on whom you ask. The average interest rate on a new card is 24 percent, the highest…
Global central banks to increase gold share in their FX reserves
Following historically high levels of gold purchases by global central banks, they continue to view gold positively, with plans to increase the share of gold in their foreign exchange reserves,…
Venezuela wants to join BRICS, Brazil supports
Venezuelan President Nicolas Maduro said Monday his country is interested in joining the BRICS, an association of Brazil, Russia, India, China, and South Africa. “If we are asked whether Venezuela…
