Category: Daily Hodl
Saudi Arabia is reportedly negotiating its entry into the BRICS’ New Development Bank (NDB), potentially making itself the ninth member of the organization. According to a report from The …
A top strategist at the world’s largest asset manager says the US dollar is no longer the invincible world reserve currency that it once was. In a new interview …
Brazilian President Luiz Inácio Lula da Silva says he believes a group of five nations collectively known as BRICS should create its own common currency to compete on the …
China says it’s now signed $582.3 billion worth of global currency settlement agreements that will exclusively utilize the yuan. According to a new report from the Chinese state-backed outlet …
A UK-centered bank with $28 billion in assets under management is demanding customers explain why they are withdrawing cash. NatWest bank says if the answer is not satisfactory, it …
Banking giant UBS says demand for gold from central banks around the world is likely to surge this year as countries back away from the US dollar. In a …
UN Secretary-General António Guterres says the global financial landscape is in need of major repair, with dozens upon dozens of countries in dire economic straits. In a speech at …
JPMorgan CEO Jamie Dimon just issued a new economic alert. At the company’s latest shareholder’s meeting, Dimon told investors that America’s regional banking crisis will likely have a domino …
Famed American investor and co-founder of the Quantum Fund, Jim Rogers, says the dollar’s reign as the world’s reserve currency is coming to an end. In a new interview …
Venezuelan President Nicolas Maduro says a significant decline in the global use of the US dollar is now inevitable. In his latest weekly update, Maduro points to US sanctions …