BRICS Summit 2023: Bloc Keen on Welcoming New Members—Who and How Remain Open Questions
Kicking off on Tuesday in Johannesburg, the 15th Annual BRICS Summit will hopefully put the answers to a lot…
Category: Political Economy
Russian Embassy Confirms Creation of BRICS Currency Backed by Gold Without a Timetable
In this political climate, no one should take what the employees of a single Russian embassy say as gospel,…
For America to Pay Her Bills, the Debt Ceiling Doesn’t Need to be Raised: Why the Confusion?
ITALY, May 26th, 2023. In the bargaining over raising the debt ceiling, not one member of Congress, the Treasury…
Debt Ceiling Circus: How Much Debt Does the Federal Government Really Have?
As negotiations continue in Congress over a potential deal to raise the debt ceiling, the full picture of the…
Biden Launches Targeted Policy to Try and Squeeze China Out of Key Global Markets
If China and the United States fought a war, it would not be surprising to begin that story at…
Britain to Double Bond Buy Backs, Prop Up Liquidity with Temporary Insurance
Spot prices relevant to this news: Pound/USD £1.11 – 30-year Gilt £4.729 LONDON, October 10th, 2022. On September 30th,…
England Throws In the Towel Against Inflation, Announces Quantitative Easing
A statement from the Bank of England in the midst of their currency plummeting in value reveals a substantial…
What Can Italy’s New Prime Minister Afford to Do Taking Charge in a Cash-Strapped Nation?
PICTURED: Giorgia Meloni of the Brothers of Italy party at a rally over her recent victory. PC: Fair Use.…