The BRICS alliance is making developing countries trust local currencies more than the US dollar. The initiative of the White House to levy sanctions on Russia in 2022 obliged emerging economies to ...

Buffett’s $347B cash pile now stands as an unprecedented force in market dynamics, with Berkshire Hathaway cash reserves reaching levels that could, in many ways, reshape Warren Buffett holdings and ...

The GDP of BRICS countries has outperformed market expectations and is exceeding the global average in 2025, according to the World Economic Outlook report published by the International Monetary Fund ...

The US president, Donald Trump, is currently in Saudi Arabia, busy inking a deal enabling $600B worth of capital inflows to the US. At the same time, Elon Musk was also seen visiting Saudi Arabia and ...

In what could be a major development for the industry’s progression, Nvidia (NVDA) has announced a ‘strategic partnership’ to build AI factories in Saudi Arabia. Indeed, the AI chipmaker announced the ...

Ripple’s native token XRP is hovering around the $2.50 mark on Tuesday and remains on the greener side of the spectrum. The leading altcoin has surged more than 400% in a year, turning an investment ...

Taking a leaf from the BRICS playbook, several banks, brokers, and financial entities in Europe are receiving requests to accept local currencies and not the US dollar, reported the Luxembourg Times.

The Chinese yuan got a lift in the currency markets after the US-China deal went through on Monday in Geneva. Cross-border payments in the local currency hit a record high as swap lines settled 4.3 ...

Leading investment bank JP Morgan is closely monitoring the de-dollarization initiative kick-started by BRICS to topple the US dollar. After Trump’s ascension to the White House, the DXY index has ...

US blocks global use of Huawei AI chips in an unprecedented move announced Tuesday. The Bureau of Industry and Security (BIS) issued new guidelines restricting anyone worldwide from using Huawei’s ...

US China tariff reduction has been announced just this week following some really intensive and high-stakes talks in Geneva, and it’s marking a significant shift in the ongoing trade war between the ...

Analysts at JP Morgan, a leading financial giant in the space, have predicted new price thresholds for gold. Per the analysts, gold has the power to soar 80% in value, moving to the $6000 price level ...