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US Bitcoin reserve could slash national debt 35% by 2049: VanEck
23.12.2024
VanEck said a US Bitcoin reserve could slash the national debt if the cryptocurrency increases to $42.3 million a coin by 2049
US Bitcoin reserve could slash national debt 35% by 2049: VanEck
23.12.2024
VanEck said a US Bitcoin reserve could slash the national debt if the cryptocurrency increases to $42.3 million a coin by 2049
US Bitcoin reserve could slash national debt 35% by 2049: VanEck
23.12.2024
VanEck said a US Bitcoin reserve could slash the national debt if the cryptocurrency increases to $42.3 million a coin by 2049
BRICS Gold-Backed Digital Currency Could Reshape Global Trade and Shake the Dollar
22.12.2024
A gold-backed digital currency from BRICS could reshape global trade by lowering transaction costs and reducing exchange rate volatility, challenging the U.S. dollar’s dominance. Brics Gold-Backed Digital Currency Could Shift Global Trade Dynamics BRICS nations have shown interest in...
BRICS Approaching G20-Level Influence, Says Brazil’s Minister
21.12.2024
BRICS is gaining global traction, with plans for major 2025 meetings under Brazil’s leadership and a vision to rival G20 prominence while championing collaboration. BRICS Rising: Is It Set to Eclipse the G20 in 2025? Brazilian Foreign Minister Mauro Vieira has highlighted the growing influence...
BRICS vs Trump: The Battle Over the Dollar Heats Up
19.12.2024
Russia criticized U.S. threat diplomacy as BRICS advances efforts to reduce reliance on the dollar, citing flawed U.S. policies and escalating global economic tensions. Russia Calls Out US ‘Threat Diplomacy’ Amid Dollar Power Struggle The standoff over the global role of the U.S. dollar...
Russian Official Declares BRICS Payment System a Real Alternative to US Dollar
19.12.2024
A top Russian official has declared plans for a BRICS payment system “not hypothetical,” signaling a shift toward reducing reliance on the dollar through alternative financial mechanisms. A New Era? Russia Claims Feasibility of BRICS Payment Network Russian Deputy Foreign Minister Sergey Ryabkov...
BRICS Retaliation Ahead? Expert Predicts US Tariff Fallout
10.12.2024
BRICS nations brace for a global economic standoff as U.S. tariff threats spark concerns about trade retaliation and geopolitical tensions, reshaping international alliances. BRICS Retaliation Inevitable: Expert Predicts Clash Over US Tariffs BRICS countries are expected to retaliate with...
Economist Jim Rickards on Trump’s Tariff Threats: ‘BRICS Already Has a Common Currency’
6.12.2024
Jim Rickards, an economist and best-selling author, has referred to the effects that the announced Trump tariff threat might have on the BRICS bloc. He explained that while the organization is not planning to issue a common currency, it already has one: gold. Jim Rickards States BRICS Doesn’t...
Putin Profiles Digital Currencies as Possible Settlement Rails for a BRICS Investment Platform
5.12.2024
Russian President Vladimir Putin has referred to digital currencies as part of the settlement instruments for the planned BRICS investment platform. Putin stated that work on this platform had already begun, and that these digital assets might have a place in this institution. Putin Talks Digital...
Putin Backs Cryptocurrency as Trump Threatens 100% Tariffs on BRICS
4.12.2024
After Trump’s threat to implement a 100% tariff on BRICS, if they create a new alternative to counter…
China Stands Firm With BRICS Amid US Tariff Threats
4.12.2024
China has strongly defended the BRICS coalition against the U.S. President-elect Donald Trump’s tariff threats, emphasizing its principles of openness and inclusiveness. Responding diplomatically, Chinese Foreign Ministry spokesperson Lin Jian reiterated that BRICS does not target third parties...
Economist Warns Trump’s BRICS Tariff Threats Could Backfire on US Dollar
4.12.2024
Donald Trump’s threats of 100% tariffs on BRICS imports could double U.S. prices for essentials and accelerate a global shift away from the dollar, an economist warns. Trump’s BRICS Tariffs: Economist Predicts a Backlash Against the US Dollar French economist Jacques Sapir has weighed in...
Indian Expert Questions Legality of US Sanctions on BRICS Over Dollar Exit
3.12.2024
Duvvuri Subbarao, former Governor of the Reserve Bank of India, cast doubt on Donald Trump’s proposal to impose 100% tariffs on BRICS nations if they abandon the dollar, calling it legally and practically uncertain. He questioned whether U.S. laws allow sanctions based solely on shifting away...
Latam Insights Encore: Brazil Frontrunning the US in Building a Strategic Reserve Might Rally BRICS Around Bitcoin
3.12.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. This edition examines how Brazil might frontrun the U.S. to become the first nation to enact strategic bitcoin reserve regulations and its possible repercussions...
Brazil Pushes Back on Trump’s BRICS Tariff Threat While Championing Single Currency Vision
3.12.2024
Brazilian officials dismissed U.S. President-elect Donald Trump’s proposed 100% tariffs on BRICS countries as unlikely, characterizing them as rhetoric rather than actionable policies. The Brazilian foreign ministry referenced Trump’s prior unfulfilled tariff threats against China, Mexico...
Bitcoin, Not BRICS, Is the True Threat to US Dollar Reserve, Warns Wharton Professor
3.12.2024
Wharton’s Jeremy Siegel called Trump’s 100% BRICS tariffs ironic, noting bitcoin—which Trump backs—is a bigger threat to the dollar as a global reserve. Wharton Professor: Trump’s Bitcoin Advocacy Contradicts BRICS Tariff Threats Jeremy Siegel, professor emeritus...
Trump’s 100% Tariff Threat: South Africa Denies BRICS Currency Plan
2.12.2024
South Africa has denied reports that the Brazil, Russia, India, China and South Africa (BRICS) economic bloc is planning to create its own currency. Trump Demands BRICS Nations Shun Alternative Currencies Rattled by U.S. President-elect Donald Trump’s 100% tariff threat, South Africa has dismissed...
Prelude to Currency War? Trump Threatens 100% Tariffs to BRICS Countries Abandoning the ‘Mighty’ Dollar
1.12.2024
President-Elect Trump has threatened countries of the BRICS bloc leaving the dollar standard with 100% tariffs, applying the same playbook implemented against China, Mexico, and Canada. Trump remarked the U.S. would not stand and watch the bloc replace the dollar. Trump to Close U.S. Markets...
BRICS Alliance Expands: Russia Confirms No Partner Declines
1.12.2024
BRICS expansion is progressing without setbacks, as no invited countries have declined partnership offers, with the finalized list expected before year-end, Russian officials confirm. BRICS Expansion Gains Momentum: No Declined Invitations Russia has confirmed that no countries have declined...