• https://internationalman.com, by Chris MacIntosh
Ok, remember when I postulated some issues back that China could use their massive US treasury hoard to create a stable coin, such as Tether. A sort of Chinese crypto dollar, backed by their nearly $1 trillion treasury hoard.
One theme we've harped on this year has been the reignition of global food prices, which show little sign of abating as the new year quickly approaches.
• https://currencyinsider.com, by CURRENCY INSIDER
The Bangko Sentral ng Pilipinas (BSP) announced it has concluded testing for Project Agila, an initiative that allows financial institutions (FIs) to facilitate large-value fund transfers beyond traditional banking hours.
Dr. Martin Jacques – How China will change almost everything explains that the Chinese economy was the largest in the world until the mid-19th century and represented one third of the global economy.
What in the world is going to happen if global food supplies continue to get even tighter? During the second half of this year global food prices have been surging.
• https://currencyinsider.com, by CURRENCY INSIDER
While some countries are having difficulty adopting digital currencies amid stringent regulations, others, like Hong Kong and India, are thriving because of their ecosystems' resiliency and authorities' warming up to these assets.
Are you ready for economic conditions to get even worse in 2025? It would be difficult to find any economist that is willing to argue that global economic conditions are better in late 2024 than they were in late 2023.
Many people seem to have a fundamental misunderstanding regarding where we are in the grand scheme of things. We are not living at a time of endless peace and prosperity.
Putin doesn't hate the dollar and actually wants Russia to once again be able to use it with its partners for reasons of convenience, but it was the US that forced his country to de-dollarize and pioneer alternative financial instruments out of nec
While French bond spreads have compressed modestly overnight (as French Finance Minister Antoine Armand announced that he is ready to amend the 2025 budget proposal to avoid a government collapse), they remain extremely elevated...
HIS VIDEO is the best summation of what may well unfold by this time next year. The fiat grand climax. In a post FRB, post FDIC and post fiat world. Today's 20Y auction is a weak signal to confirm that we are running out of fiat road.
At the height of the covid lockdowns and mandates a massive portion of the global economy was shut down, leading to supply chain instability, huge job losses and a stagflationary crisis.
• https://currencyinsider.com, by CURRENCY INSIDER
Officials say the United Kingdom (UK) government is preparing to set a new regulatory framework for the crypto industry, including stablecoin, by next year.
Leaders of the Group of Seven (G7) have issued a Saturday statement vowing to support Ukraine as long as it takes to defeat Russia, vowing to impose severe costs on Moscow, in line with prior Washington statements vowing to 'weaken' Russia.