#economics
Latest cryptocurrency news and articles about economics. Stay updated with developments, analysis, and insights.
Two Million Jobs, Poof: Biden’s Bidenomics ‘Boom’ Meets Reality
The Biden administration’s vaunted jobs boom just met the revision reaper: the Bureau of Labor Statistics has now erased roughly 2 million jobs from the last three years and subtracted another 911,000...
Argentine Peso Stumbles Following Milei’s Defeat in Buenos Aires
The Argentine peso stumbled after President Javier Milei suffered an electoral defeat in Buenos Aires, where his Libertarian Party failed to secure a majority against its rivals. The outcome has raise...
BRICS Countries Take a Softer Stance on Washington in Multilateralism-Themed Virtual Summit
Representatives from each of the BRICS countries did not mention Washington as the main driver of the current tariff wars and international economic uncertainty. Nonetheless, there was a general call ...
Putin’s Advisor: US Stablecoin Push Is Part of a $37 Trillion Debt-Ending Scheme
As part of a press briefing at the Eastern Economic Forum, Anton Kobyakov, an adviser on Putin’s policies, accused the U.S. of attempting to use stablecoins and gold to devalue its public debt and sta...
China Buys Gold yet Again, Consolidates 10-Month Purchase Streak
The People’s Bank of China has continued to purchase gold to add to the country’s foreign reserves, according to official data. The purchase, albeit marginal, fuels China’s 10-month streak of acquisit...
El Salvador Pivots to Gold, Acquires 13,999 Troy Ounces for Diversification
With this move, El Salvador follows in the footsteps of other nations like China, Turkey, and India, which have been significant buyers of gold to diversify their foreign reserves. The Central Bank of...
Robert Kiyosaki Says ‘Europe Is Toast’ as Economic Insanity Has Him Buying More Bitcoin
Bitcoin is surging as the ultimate hedge while global economies unravel, bond markets plunge, and fiat currencies lose trust, warns renowned financial educator Robert Kiyosaki. Robert Kiyosaki Warns o...
India’s Largest Refiner Gives US Crude a Pass as BRICS Barrels Beckon
India’s biggest fuel buyer just sent a message with its wallet: Indian Oil Corporation deliberately skipped U.S. crude in its latest tender and shopped elsewhere. From Houston to Das: IOC’s Tender Tel...
CME, Prediction Markets Align on Quarter-Point Fed Cut
Traders across futures and prediction markets are nearly unanimous: the Federal Reserve is expected to cut interest rates at its September meeting, with a 25 basis point reduction the clear favorite. ...
Ray Dalio Breaks Down US Dollar Decline as Crypto Strengthens Reserve Potential
The threat to the U.S. dollar’s reserve currency status is accelerating a flight to crypto and gold, underscoring deepening fiscal cracks spotlighted by Bridgewater Associates founder Ray Dalio. Ray D...
Milei Introduces Bill to Halt Money Issuance in Congress
The initiative, focused on incorporating President Milei’s policies into Argentina’s regulatory framework, establishes that state budgets cannot rely on money issuance to finance expenditures and prop...
BRICS to Discuss US Tariffs and Multilateralism in Upcoming Meeting
Brazil’s President Luiz Inácio Lula da Silva organized a BRICS meeting to mediate a possible joint response to the unilateral tariffs enacted by the US government on member countries. The meeting will...