Russia

Trump’s Tariff Threats and the Global Economic Response

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In recent developments, President-elect Donald Trump has issued a stern warning to the BRICS nations—Brazil, Russia, India, China, and South Africa—threatening to impose 100% tariffs if they proceed with plans to establish a new currency aimed at challenging the U.S. dollar’s global dominance. This move underscores the escalating tensions surrounding the dollar’s supremacy in international […]

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Global Tensions Soar: U.S. Military on High Alert Amid New Security Risks

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How concerned should the United States be with the latest developments in the Ukrainian conflict, the Middle East, and the Indo-Pacific? Quite concerned, according to the top U.S. military officer in the Indo-Pacific. Over the past few weeks, we have seen North Korean troops deploying in Russia and Ukraine to support Moscow’s war of aggression in Ukraine.

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China, Russia, North Korea, Iran are Collaborating to Harm the US: Rebeccah Heinrichs

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Hudson Institute senior fellow Rebeccah Heinrichs discusses the number of serious threats the U.S. faces on ‘Varney & Co.’ Heinrichs: De-escalation is the Biden administration’s goal. The goal, however, should be to enable Israel to destroy these munitions, these weapons facilities, and Hezbollah’s ability to continue conducting terrorist activities against Israel, U.S. forces in the

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De-Dollarization Will Be a Vicious Cycle as Hyperinflation Leads to Higher Rates That Will Further Erode the Greenback’s Power, Think Tank Says

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De-dollarization could lead to a vicious cycle of economic destruction, according to an Australian economic think tank. That’s because waning use of the dollar could bring on hyperinflation, researcher Michael Roach said. Hyperinflation could lead to higher interest rates, which will weigh on asset prices, according to Roach. This outlook is furthered by speculation that

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The Dollar Failure: Challenges of a Shifting Global Reserve Currency

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The BRICS bloc of countries are working on the creation of a new gold-backed currency that could potentially shift the global economic landscape.  They seek to establish a currency partially backed by gold, challenging the US dollar’s dominance. How long this takes remains uncertain, the implications for savers and retirees in the US could be

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Federal Reserve’s ‘FedNow’ Launch Triggers Fresh Speculation Over Digital Dollar

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But experts say the new system could lay the groundwork for the infrastructure needed for a potential central bank digital currency (CBDC) in the U.S. “This is a payment system, not a digital token or a CBDC, but it is something that can be used to facilitate the creation of a CBDC,” said Jim Bianco,

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Russia’s Revolt Has Made the Fed’s Inflation Fight Even Harder. Here’s Why.

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Markets appeared to shrug off the dramatic events in Russia over the weekend… Putin is still in office and in control of the military as he continues his assault on Ukraine. But his grip now looks shaky… bad things can happen amid disorderly change. Imagine what would happen to the price of crude if disruptions were

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De-Dollarization Means Gold is Underrated and Has a ‘Long Way to Run,’ Says Bridgewater’s Co-CIO

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Gold is underrated and could be pushed up by de-dollarization, Bridgewater’s Co-CIO said. Western sanctions on Russia that froze its foreign currency reserves highlighted the risks in using dollars. And since Russia’s invasion of Ukraine, more countries have turned to China’s yuan or other non-dollar currencies for trade deals. “This geopolitical turmoil is not going

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De-Dollarization Train is Moving at Full Speed and Gold is the First to React

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The U.S. dollar’s dominance is being challenged on several fronts simultaneously — from countries choosing to conduct trade in local currencies to BRICS developing its own currency. And gold is paying attention. This was topped by Russia’s State Duma Deputy Chairman Alexander Babakov confirming that BRICS — Brazil, Russia, India, China, and South Africa —

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