Financе
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Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With China
BRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria.…
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Sergey Lavrov Predicts Global Shift Away From US Dollar
Sergey Lavrov, the Foreign Minister of Russia, has expressed his opinion regarding the status of the American dollar as the…
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Russian Official Expects Agreement on BRICS Currency This Year
The chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can…
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Crypto Industry Takes Stock After a Busy Month on the Hill
US representatives turned their attention to crypto this month with a series of congressional hearings tackling issues including stablecoins, spot…
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FDIC pins Signature Bank’s failure on poor governance and illiquidity
The United States Federal Deposit Insurance Corp’s (FDIC) post-mortem assessment of Signature Bank of New York (SBNY) revealed poor management…
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First Republic’s crisis is not an isolated incident – suggests JPMorgan exec
An exec at JPMorgan Asset Management is unsure how United States regional banks are “going to operate” when the Federal…
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US Senator Rand Paul Warns of US Dollar Losing Reserve Currency Status — Says ‘It’s Not an Unfounded Prediction’
U.S. Senator Rand Paul has warned that the U.S. dollar could lose its status as a global reserve currency. “For…
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US Banking Crisis Not Over, ‘Naive’ To Think First Republic Is Last Victim: J.P. Morgan Asset Management CIO
The chief investment officer at J.P. Morgan Asset Management says that the crisis in the country’s banking industry is not…
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Economist Predicts Shift to Tripolar Reserve Currency World — Yuan, Euro to Disrupt US Dollar’s Dominance
Economist Stephen Jen, a former Morgan Stanley managing director, expects a shift “from a unipolar reserve currency world to a…
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ECB Probes Decentralized Settlement for Wholesale Financial Markets
The European Central Bank wants its centralized financial settlement systems to better interact with distributed ledger technology (DLT), as it…
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