marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
international trade
07/19/2024
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By Kevin Hughes
Shipping costs are rising all over the world, striking a huge blow to international trade
The impacts of restrictions on shipping in the Red Sea and Panama Canal are now being experienced around the world. Conflicts, economic downturns and restrictions on shipping all over the world are causing shipping costs to surge, straining the free flow of international trade. In the Middle East, for nearly 10 months now, Houthi forces from […]
06/07/2024
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By Arsenio Toledo
Turkey signals desire to join BRICS and abandon EU membership dreams
Turkey is interested in joining the BRICS group of emerging economies. BRICS is an acronym for Brazil, Russia, India, China and South Africa. This organization, which is believed to be on the road to dominating the global economy, recently announced its willingness to expand by inviting Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United […]
03/10/2024
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By Cassie B.
Dedollarization efforts continue as India pushes Gulf crude exporters to accept payment in rupees
The Reserve Bank of India is asking all of the country’s main state-owned refiners to make a concerted effort to convince Persian Gulf suppliers to accept payments for crude oil in rupees. Their goal is to push them to accept a minimum of 10% of oil payments in the Indian currency during the next financial […]
02/12/2024
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By Arsenio Toledo
Putin claims America is hurting itself by refusing to expand trade relations with China
Russian President Vladimir Putin recently claimed that America is only “hurting” itself by refusing to expand trade relations with China. Putin made this claim during his interview with Tucker Carlson, the video and full transcript of which were published on Thursday, Feb. 8 – the same day Putin held a lengthy phone call with Chinese […]
05/12/2023
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By Arsenio Toledo
Iran’s trade with BRICS nations SURGES 14% as it eyes joining bloc and divesting from the dollar
Iran has massively increased its trade with the five nations that make up the BRICS alliance, according to the latest data released by the nation’s customs service. BRICS is comprised of the emerging economies of Brazil, Russia, India, China and South Africa. The alliance accounts for approximately 42 percent of the global population and about […]
04/28/2023
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By Belle Carter
Dollar DEMISE: Yuan overtakes dollar in China’s cross-border payments
Data from China’s State Administration of Foreign Exchange (SAFE) revealed that the Chinese yuan (CNY) surpassed the United States dollar (USD) as the most-used currency in China’s cross-border transactions last month. Cross-border payments and receipts in yuan surged from the equivalent of $434.5 billion in February to a record $549.9 billion in March, according to […]
04/06/2023
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By Ramon Tomey
BYE BYE GREENBACK: India to use RUPEES for international trading
India is now offering its own currency for use in international trading among nations experiencing a shortage of U.S. dollars. According to a report by the Gateway Pundit, the South Asian nation expressed readiness to trade in Indian rupees and has found several other nations willing to do so. The use of the rupee would definitely […]
03/16/2023
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By Arsenio Toledo
Saudi Arabia could invest in Iran “very quickly” following China-brokered deal to re-establish diplomatic relations
Saudi Arabia could start pouring investment money into Iran “very quickly” following the reopening of diplomatic relations between the two formerly hostile countries. This is according to the kingdom’s Minister of Finance Mohammed Al-Jadaan, who spoke about investing in Iran during the Financial Sector Conference in Riyadh. He noted that Iran could also make significant […]
02/22/2023
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By Arsenio Toledo
G7 and EU to track and sanction trade of Russian diamonds
The Group of Seven nations (G7) and the European Union (EU) are discussing ways to track the trade of Russian diamonds outside the country’s borders. If successful, the West could soon implement sanctions against the Russian gem trade. According to the Kimberley Process Certification Scheme, established in the early 2000s, a diamond’s origin must be […]
10/21/2022
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By Ethan Huff
Taiwan exports are critical to U.S. supply chain – here’s what the Taiwanese produce
For many decades, the United States and Taiwan have enjoyed a longstanding and vibrant trade relationship – and one that is absolutely critical for the economic viability of both nations. High-end electronics and their components (i.e., microchips and semiconductors) that the United States relies on are often manufactured in Taiwan, usually at substantially higher quality […]
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