Authored by Andrew Korybko via The Automatic Earth blog, Brazilian President Lula was successful in reaching an agreement to de-dollarize his country’s trade with China, the significance of which was earlier explained in the context […]
Video Duration 25 minutes 35 seconds 25:35 For nearly 80 years, the World Bank has said its main goals have been to fight poverty and promote global prosperity. But now, a growing number of world […]
Argentina’s annual inflation rate soared to 104.3 percent in March, the official statistics agency has said, one of the highest rates in the world, straining people’s wallets and stoking a cost-of-living crisis that has pushed […]
Introduction Since last summer Exxon Mobil (NYSE:XOM) has rocketed higher, gaining about 30% over this period. 30% growth in essentially 8 months is very unusual for a big-cap, value stock like XOM. Admittedly a good bit […]
Dow Jones futures were little changed early Thursday, along with S&P 500 futures and Nasdaq futures. Delta Air Lines earnings missed views while more economic data is on tap. The stock market rally retreated Wednesday […]
Authored by John & Nisha Whitehead via The Rutherford Institute, We’re not living the American dream. We’re living a financial nightmare. The U.S. government is funding its existence with a credit card. The government–and that […]
Just when you thought the banking crisis was over — you’d better brace for an onslaught of big drops in bank profit. Hopefully you aren’t caught flat-footed. Analysts are predicting massive 30% or greater declines […]
Bills introduced in the Texas House and Senate would create a state-issued, gold-backed digital currency. Enactment of this legislation would create an option for people to transact business in sound money, set the stage to […]
Silicon Valley Bank customers listen as FDIC representatives, left, speak with them before the … [+] opening of a branch SVBs headquarters in Santa Clara, California, on March 13, 2023. (Photo by NOAH BERGER / AFP) (Photo […]
The Saudi-led oil producing group OPEC+ has signalled it would hold the oil supply steady to maintain a stable market. But in a surprise move, the alliance, which includes Russia, announced it would slash output […]
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