Key facts: The specter of deflation and economic recession haunts China. The government is preparing economic stimulus packages to face the crisis. China is showing eerily similar signs to the Great Recession of 2008. According to “The Kobeissi Letter,” a financial analysis newsletter founded by expert Adam Kobeissi, the Asian giant could be on the … Read more
Key facts: The main challenge will be to make renminbi available to oil-importing countries. The introduction of the petroyuan will increase the fragmentation of the global financial system. As part of the BRICS’ de-dollarization plan, the group of countries led by Russia and China is also evaluating new payment alternatives for global oil trade. The … Read more
Given the worsening global geopolitical economic situation, amidst armed conflicts and financial imbalances, European authorities are warning of a series of risks to financial stability. Warnings are made in the Joint Committee’s latest report for autumn 2024 of the three European Supervisory Authorities: the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA) … Read more
Key facts: Global central bank liquidity has fallen to its lowest level since 2020. As liquidity dries up, traditional financial markets face more challenges. Over the past two years, the balance sheets of the world’s major banks have seen an estimated 25% decline. This is one of the lowest levels of bank reserves since 2020 … Read more
Amid slowing growth and low investor confidence, the Central Bank of China (PBOC) announced the implementation of one of the largest stimulus packages since the start of the Covid pandemic in 2020. Unlike Western countries, its main objective is to counter deflation. As reported by PBOC Governor Pan Gongsheng, the goal is to bring annual … Read more
The fact that the price of gold has reached a new all-time high this week, trading above $2,600, seems to be heralding the occurrence of a black swan event, both for the cryptocurrency market and the global economy. This is stated by the analyst Cryptoinsightsuk, who in a message published on X draws attention to … Read more
With the goal of transforming the financial landscape, a group of Harvard students and alumni have launched the New Bretton Woods Project (NBW), a blockchain-based initiative that includes bitcoin (BTC) as a way to provide solutions to the global economic crisis. The project will begin to be launched in the coming weeks at the Harvard … Read more
Key facts: The Fed cut rates for the first time in more than four years. Although it stimulates the economy, a 50-point cut may reflect economic weakness. Republican presidential candidate Donald Trump has given his opinion on yesterday’s 0.5% interest rate cut in the United States. “I guess it shows that the economy is in … Read more
Following the announcement of the Federal Reserve’s interest rate cuts, American economist Peter Schiff predicts a bleak future for the US economy. Schiff explained his position through from a message in X with which he warned about a deeper recession and rising inflation which –in his opinion– will put the United States government in check. … Read more
Although a few years ago it seemed like something very far-fetched, many of the analyses currently being carried out on the situation of fiat currencies are giving signs that they are approaching a collapse. This is a situation that is getting worse as news of this situation becomes known. the serious problems affecting the major … Read more