Nobel Economist Joseph Stiglitz Hails New BRICS Bank Challenging U.S.-Dominated World Bank & IMF
Development Bank to challenge the U.S A group of five countries have launched their own development bank to challenge the[…]
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Category: World Economy
Gravitas: Chinese Citizens Boycott Mortgages in 86 Cities
Major Financial Crisis is Unfolding In China, a major financial crisis is unfolding. Chinese citizens in 86 cities are boycotting[…]
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Biden in Saudi Arabia: Oil Trumps Khashoggi Murder
Confronted Saudi Arabia’s Crown Prince US President Joe Biden says he has confronted Saudi Arabia’s crown prince over the murder[…]
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What a Sinking Euro Means for Europe and the US
Euro and Dollar Parity The euro has taken a major beating against its US peer since Russia’s invasion of Ukraine[…]
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Rupee’s Historic Plunge, Breaches 80 against Dollar
Indian rupee Dropped against the US Dollar The Indian rupee breached 80 against the US dollar amid expectations of an[…]
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European Leadership Crisis, Energy Crisis | Geopolitics
Various European Crisis European leadership crisis, energy crisis | Geopolitics. This winter we may get to witness a lot of[…]
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Saudi Arabia doubles oil imports from Russia this year
Saudi Arabia Saudi Arabia has doubled its Russian oil imports. This comes as Joe Biden arrived in Saudi Arabia. Riyadh’s[…]
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G20 finance ministers huddle amid recession fears
Finance ministers of the G20 are meeting in Bali amid fears of a global recession. Their last meeting in April[…]
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World turns to Stagflation from Inflation?
Stagflation It’s not just record inflation that is proving to be a headache for global economists, analysis are also afraid[…]
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Australia’s Free Trade Agreement with EU delayed ‘with no explanation’
World Economy Shadow Trade and Tourism Minister Kevin Hogan says there is “no explanation” for a six-month delay to Australia’s[…]
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