Saudi Crown Prince and Prime Minister Mohammed bin Salman, forth right, greets Chinese President Xi Jinping, after the group photo, during the Persian Gulf Cooperation Council (GCC) Summit, in Riyadh,…
George Glover Saudi Crown Prince Mohammed bin Salman and Chinese President Xi Jinping in Hangzhou, China, in September 2016. China is willing to import more oil from Saudi Arabia, President…
It appears Russia plans to unleash a gold-based digital currency and it is causing major moves in currency and metals markets. Winter In Central Europe And For The DollarDecember 1…
© AFP 2022 / PIUS UTOMI EKPEI Petr Baryshnikov All materialsWrite to the author Ghanaian officials announced plans to exchange gold for fuel provided by the UAE state-owned company Emirates…
© JUSTIN TALLIS Olga Borodkina All materialsWrite to the author Ghana is at present experiencing a severe economic crisis. According to some estimates, servicing the country’s debt, which may account…
Beijing fears possible asset freeze after sanctions on Russian central bank China’s Treasury bond holdings dropped by $100 billion in the first half of 2022. © ReutersIORI KAWATE, Nikkei staff writer…
Countries are expanding their bullion holdings after the West froze Russian reserves, analysts say © Global Look Press / Chinafotopress/Wen Yin Central banks across the world have stepped up their gold purchases…
With major changes around the world happening in what feels like the speed of light, here is a look at Chinese reserve currency ad gold, continued massive inflation and the…
Global consumption is expected to rise sharply by year’s end, resulting in the biggest demand-supply gap in decades © Getty Images / 270770 The world is on the brink of a major…
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Gold revaluation on the way? The BRICS new currency will feature significant gold backing. November (King World News) – Dr. Stephen Leeb: “BRIC’s have been assigned the job of developing a new…
Trade in national currencies will soon dominate globally, Russian leader predicts © Getty Images / Bloomberg Creative Photos Russian President Vladimir Putin warned on Wednesday that the long reign of the dollar…
The greenback’s dominance will gradually wane, Lawrence McDonald says © Getty Images / Chad Springer The US dollar, which is enjoying its peak years at the moment, could lose its status as…
© Sputnik / Sergej Bobylev / Go to the mediabank MOSCOW (Sputnik) – Russian Prime Minister Mikhail Mishustin proposed during a meeting of the SCO Council of Heads of Government…
The Eurasian trade alliance would cut dependence on the West and build reliable conditions for business, Moscow says FILE PHOTO: Meeting of the Shanghai Cooperation Organization (SCO) leaders’ summit in…
Washington’s export restrictions on Beijing undermine free market principles, the Chinese foreign minister says China’s Foreign Minister Wang Yi © Getty Images / ullstein bild Dtl. / Contributor The US is infringing free…
Economist Peter Schiff has warned that the U.S. dollar will crash. Noting that the U.S. is “in a much bigger fiscal mess than Great Britain,” with a much bigger debt…
2551458 12/27/2014 Chinese 100, 50, 20, 10 and 5 yuan bills and Russian 1,000 and 100 ruble bills. Alexandr Demyanchuk/RIA Novosti MOSCOW (Sputnik) – Switching to payments in national currencies…
Russia accused the West on Monday of stealing from its currency and gold reserves. Western sanctions have frozen $640 billion worth of Russian assets. The European Council is considering transferring those assets…
Nicaragua President Daniel Ortega (File Photo) The US has slapped sanctions on Nicaragua’s mining industry for “financing” the government of President Daniel Ortega, in the latest push against the Latin…
A picture taken on August 25, 2022 shows Egyptian pounds and US dollars banknotes. – Depleted foreign reserves are casting a shadow on Egyptian streets, with the government moving to…
© Sputnik / Ramil Sitdikov MOSCOW (Sputnik) – Russian and Iranian bankers will hold a working group meeting next week to discuss the integration of national electronic payment systems, the…
Russian President Vladimir Putin chairs a meeting on economic issues via a video link at the Kremlin in Moscow on September 12, 2022. (Photo by AFP) Russian President Vladimir Putin…
BY TYLER DURDEN Authored by Michael Maharrey via SchiffGold.com, Gold is migrating from the West to the East. As Bloomberg described it, many western investors – particularly at the institutional level –…
The regulator wants to reduce reliance of the Indonesian financial markets on the greenback © Getty Images / Daniel Grizelj Indonesia’s central bank has spoken out against the use of the…
© Sputnik / Maxim Blinov TEHRAN (Sputnik) – Russia and China’s dumping of bilateral payments in US dollars represent “very good progress” in challenging Washington’s hegemony of the International Monetary…
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© Sputnik / Ramil Sitdikov CAIRO, (Sputnik) – The Russian Mir payment system could start working in Egypt in the coming days, the Al-Shorouk newspaper reports citing sources. The introduction…
Russian Prime Minister Mikhail (R) and Iran’s First Vice President Mohammad Mokhber shake hands during their meeting in Moscow on Thursday, Oct. 6, 2022. Iran’s First Vice President Mohammad Mokhber has called for…