UAE becomes Russian gold trade hub due to western sanctions
The wealthy Gulf state has become an important outlet for Russian trade and investment following the imposition of western sanctions due to Russia’s war with Ukraine
The end of King Dollar is near?
Sanctions against Russia, rivalry with China and another dispute in Washington over the US debt ceiling have put the dollar’s status as the world’s dominant currency into question, fueling speculation…
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…
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