The new BRICS currency: The most important project since the introduction of the euro October 24, 2024 The BRICS nations are set to meet for their 16th annual summit in Kazan, Russia, on October 22-24, 2024, and the conference is expected…
Gold Overtakes Euro as Reserve – Next Currency is the Dollar June 13, 2024 There has been a large increase in the share of gold in central bank purchases since 2009 at the expense of fiat currencies. In…
Why is the Eurozone currency not in a position of strength against the dollar? February 22, 2024 Long positions in the euro against the dollar are preferred by speculators in the markets – which seems strange given the differences in real…
The theft of Russian assets by the G7 “damages the prestige” of the euro & dollar as “safe currencies” December 21, 2023 Western countries have “frozen” $300 billion of Russia’s Central Bank reserves from 2022 and have begun to consider whether it would be possible to…
Greek Economy: An Economy that produces nothing and owes 404.7 billion euros August 24, 2023 Greece has an apparent economy, based on tourism at 18.8% of GDP and 28% together with all regional and seasonal professions and with an…
Can Central Banks and Monetary Policy be Democratized? April 6, 2023 For decades, the independence of central banks has been viewed as the cornerstone of a prudent monetary and overall economic policy. Contributing to this…
Eurostat: At 2.3% growth in the eurozone in the third quarter December 7, 2022 Growth in the euro zone in the third quarter of 2022 is set at 2.3%, while in the European Union it is 2.5% according…
The Positive Performance of the US Economy backs the Dollar December 5, 2019 American President Donald Trump last week ratified two bills approved by Congress and concerned the defence of the protection of the Hong-Kong demonstrators. These…