Only 20 S&P 500 companies drove index growth in 2023
These 20 US companies, accounting for 29% of the S&P 500, contributed to a 7.08% growth in the index since the beginning of the year. The remaining 480 companies, accounting…
New independent payment system to come
The EAEU (Eurasian Economic Union) proposes to its partners from the BRICS and Shanghai Cooperation Organization (SCO) to jointly create a common payment card. “A few words about settlements in…
US Bancorp to default?
Credit Default Swap (CDS) for the US Bancorp, number 5 of the largest American banks, has risen historically high after a short spring cooling. CDS is a kind of insurance…
Putin – on the de-dollarization of the world economy
Cardinal changes are taking place in the international financial sphere. And I would like to note with satisfaction that Russia manages not only to adapt, but also to become one…
India: Another Demonetization?
TUESDAY, MAY 23, 2023 – 06:40 AM Authored by Jayant Bhandari In late 2016, the Indian Prime Minister, Narendra Modi, came on TV at 8 pm to announce that most…