China Paves the Way for Debt Relief
Date: April 26, 2024 Category: News
China's central bank is pushing for fair burden-sharing among creditors in debt restructurings for emerging market countries, indicating a proactive stance on global debt issues.
China's recent m...
BRICS Considers a global Stablecoin
Date: April 23, 2024 Category:
BRICS nations are considering a stablecoin for international trade settlements.
Sergei Ryabkov, Russia's Deputy Foreign Minister, hails this move as groundbreaking.
He also states that BRICS...
Zimbabwe launched the gold-backed currency
Date: April 5, 2024 Category:
Zimbabwe has decided to replace its struggling local currency with a new one backed by gold and foreign currencies in an effort to stabilize its economy and combat inflation.
The country reintrod...
HSBC Launched Gold Tokens in Hong Kong
Date: March 27, 2024 Category: News
HSBC has introduced a novel opportunity for retail investors in Hong Kong by launching a gold investment option in the form of digital tokens.
Through its online banking service and app, customer...
Philadelphia FED researchers suggest gold standard
Date: March 26, 2024 Category: News
Researchers at the Federal Reserve Bank of Philadelphia say switching to the gold standard could stabilize prices.
In their February working paper, researchers at the Federal Reserve Bank of Phil...
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