China sees yuan vs. dollar like Pepsi vs. Coke—’never the market leader, but serviceable in a pinch’
Heavy is the head that wears the crown, and contrary to popular belief, Beijing doesn’t want the yuan…
Rising rates could ‘bite’ into Australia’s $4.5 trillion superannuation sector, Bank of America warns
What would it take to put the global economy into a tailspin? The Bank of America, which is…
China suffers setback to dedollarize global finance as Saudi Arabia exits Beijing’s payment scheme
Saudi Arabia quietly dropped out of China’s mBridge digital payment platform, which Beijing has touted as an alternative to…
Marginal improvement in CPI may not be enough to stave off September rate hike – Natixis’ Christopher Hodge
(Kitco News) – Friday’s CPI report will likely show that underlying inflation continues to move in the right…
Peru’s monetary system would not work in Venezuela
Steve H. Hanke is a Senior Contributing Columnist at Fortune and a Professor of Applied Economics at The…
Economist who called the 2008 crash says the AI bubble has “less than a year to go”
(Kitco News) – Steve Keen has spent two decades telling anyone who’ll listen that markets watch the wrong…
Venezuela dollarizing would be the biggest currency switch since the advent of the euro, Hanke says
Steve Hanke earned the moniker “Money Doctor” after advising governments across the globe on how to use currencies…
Dale Jackson: Quebec firm targets billions of unclaimed dollars in Federal disability retirement plan
Of the 311,000 active registered disability savings plans (RDSP) started since the program’s inception in 2008, $3.3 billion…
UK supplement brands face new subscription rules
The move is part of a broader wave of initiatives during Burnham’s first 29 days in office, as…
Canada posts monster jobs gain in July, unemployment rate hits two-year low
OTTAWA, Aug 7 (Reuters) – Canada’s economy added far more jobs in July than expected and the unemployment…
‘It’s our time’: Sunshine Silver CEO says silver miners are poised to shine as AI fuels demand
(Kitco Commentary) – Artificial intelligence may be dominating investor conversations, but one mining executive said that investors are…
Bessent joins Japan to help reverse months of yen losses
The US joined Japan in engineering one of the most notable rebounds in the yen since the currency…