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Egypt has officially become the newest member of the New Development Bank (NDP), the international development bank of the BRICS organization. BRICS (Brazil, Russia, India, China, South Africa) [...]
China has reported an increase in its gold reserves for the first time in more than three years, essentially admitting that its central bank is one of the recent mystery buyers of massive amounts [...]
Emerging economies around the world are moving quickly to subvert the US dollar and curtail its dominance as the world reserve currency. The economies of Brazil, Russia, India, China, and South [...]
Central bank digital currencies (CBDCs) are already in use in 11 countries, and 105 other nations are considering adopting the technology. Washington, D.C.-based think tank The Atlantic Council [...]
Russian legislators have been collaborating on creating a national cryptocurrency exchange, a move that was reportedly supported by the Ministry of Finance and the Central Bank of Russia. These [...]