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The cost of living in Cairo has soared so much that security guard Mustafa Gamal had to send his wife and year-old daughter to live with his parents in a village 70 miles south of the Egyptian capital to save money.
THE BIDEN LEGACY: South Africa Confirms Saudi Arabia Will Join BRICS Alliance with China and Russia and Move Away from US with Explosive Consequences
This will be the world's new reserve currency, and probably end the U.S. dollar forever. Have you heard about BRICS? Well if not, you'll likely be hearing a lot more about them in the near future.
BlackRock said the decline was "primarily driven by the impact of significantly lower markets and dollar appreciation on average AUM and lower performance fees."
Global debt markets are BREAKING – pension collapse in England, govt. debt FAIL in Japan, while some bonds see 75% losses so far in 2022
Osko payments are typically sent and received to participating banks within seconds.
Host:
Ernest Hancock
Doug Casey (Chairman of Casey Research; Best-selling author) on economic and market conditions; gold, silver, etc...
The brazen talk from BoE's Bailey yesterday afternoon, stating with conviction that the "temporary" bond-buying program would in-fact end this Friday on original deadline and risking an upgraded...
As expected, OPEC aggressively slashed projections for both global demand and the amount of crude it will need to pump this quarter, making the case for the output cut announced last week which sent shockwaves across the Biden administration.
Russia expects to keep its production at 9.9 million barrels per day (bpd) in October, Russian Deputy Prime Minister Alexander Novak said on Wednesday, citing production volumes that are more than 1 million bpd below Russia's current target under t
WHY NOT RESUME DOMESTIC OIL PRODUCTION AS OPPOSED TO BEING HELD HOSTAGE BY TERRORIST NATIONS THAT MEAN US HARM?
All monetary roads eventually lead to gold, and perhaps Bitcoin...
"The Bank of England was the first major central bank to blink in this global game of chicken..."
Let's discuss an alleged flight to Bitcoin claim and what it means.
Since Fed Chair Powell unleashed his short-and-sweet uber-hawkish comments in late August at Jackson Hole, market expectations for The Fed's terminal rate (cycle high before pause or cuts resume) has surged hawkishly (adding 100bps of hikes).
Gold and silver dumped and pumped this week - after a week of consolidation - against a background of a rising dollar on the foreign exchanges.
Central bank to spend £5bn a day for 13 days over 'material risk to UK financial stability' and threat to pensions
... "Material Risk" To Financial Stability
...Into A Complete Bond Market Collapse, Pension Fund Wipe Out
The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies.
Reserve Bank of Australia is researching the potential benefits of launching a central bank digital currency.
China's economy may be at the point of no return, and it's got everything to do with the three "Ds". Two of these I've spoken about before in some detail, but the third almost nobody knows about.
In this first instalment of a new series, Iain Davis and Whitney Webb explore how the UN's "sustainable development" policies, the SDGs, do not promote "sustainability" as most conceive of it and instead utilise the same debt imperialism lo
ANALYSIS: Europe to become "ECONOMIC WASTELAND" as industry dies, banks fail and food production plunges
Banking and financial firms in London are closely studying and updating contingency electricity supply plans to protect themselves and their customers in case power outages hit the UK this winter.
"We're in a period of global gloom, with pessimism blanketing different countries for different reasons."
It's the economics of energy production that make petrostates more trigger-happy, Emma Ashford argues in Oil, the State, and War.
The dollar index is at 20-year highs. This has led to talk of the dollar getting "too strong," even as some worry that a "post-dollar" world could be on the horizon.
"It's possible to have more than one reserve currency."
Just as last week ended, with a relentless meltup in the exponentially rising US dollar, coupled with a collapse in cable, the yen, yuan, euro and so on, not to mention stocks and bonds, so the new week begins only this time the moves are even faster
