On Wednesday’s auction conducted by the Swiss National Bank(SNB), 17 institutions drew $11.09 billion dollars. That’s the most since October 2008, when the Global Financial…
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WESTERN FIAT REMAINS KING
Even though the US dollar has lost some dominance as a monopolistic reserve currency in the past decades, it still has the largest market share…
Worldwide CBDC’s by 2025
As cryptocurrencies became popular, the world’s central banks realized they could create a similar virtual currency, though centralized(key difference). Why? You might ask. Honestly, to…
Nordstream Halt vs G7 Russian Oil Cap
Members of the G7 have agreed to impose a price cap on Russian oil. The leaders said the aim is to hit Moscow’s ability to…