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…
Tag: Banking
Silicon Valley Bank CEO’s Testimony Highlights Major Problem-Realities in American Finance
Set for a grilling before Congress at 10:00 AM Eastern Time, a written testimony from Greg Becker, former CEO…
First Republic Bank Becomes Second-Largest Failed US Bank—and Other Economic News
VARESE, Italy. May 2nd, 2023. After Silicon Valley, Signature, and Silvergate banks failed and were seized by the US…
What Happens Now After the Bank Failures? Fed Between a Rock and a Hard Place
Whether they admit it or not, the US Federal Reserve has been left juggling priorities of whether to ensure…
Gold Will Buttress Attempts by BRICS Nations to Create New Reserve Currency
In June during the 14th annual BRICS summit, it was announced that the five economies would be seeking to…
New Global Payments Systems to Challenge the Dollar’s Future Dominance
PICTURED: Chinese President Xi Jinping, President Vladimir Putin, Brazilian President Jair Bolsonaro, Prime Minister Narendra Modi, and South African…