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China-Russia Alliance Expands, Elevating US Risks in Asia and Middle East


Frederick Kempe, CEO of the Atlantic Council, highlighted two pressing concerns at the UN General Assembly: the intensifying China-Russia partnership and doubts over US leadership. Alongside former Secretary of State Condoleezza Rice, he warned of mounting global threats, comparing today’s risks...

Australian Central Bank Prioritizes Wholesale CBDC


The Australian Central Bank is focusing on a wholesale central bank digital currency (CBDC) due to its potential economic benefits compared to a retail CBDC. The Reserve Bank of Australia (RBA) has launched Project Acacia, a three-year plan to explore wholesale CBDC opportunities. While the RBA...

Report: Central Bank Gold Demand Surges in July Amid Rising Prices


Central banks globally continued to bolster their gold reserves in July, despite an increase in gold prices, according to a report by Krishan Gopaul, senior analyst, EMEA at the World Gold Council. The report highlights a 206% increase in net gold purchases compared to the previous month, driven...

House Of The Dragon Season 2 Episode 7 Recap: An Army of Bastards


House of the Dragon episode seven picks up where things left off, with Rhaenyra discovering who Seasmoke’s rider is: Addam of Hull, Corlys Velaryon’s bastard. Addam immediately pledges fealty to the Queen, who is stunned by him—Targaryens have long believed that they were the only House able...

Russia-Linked Banknotes Blamed for Libyan Dinar Plunge


The Libyan dinar’s recent devaluation has been blamed on a flood of illicit banknotes exchanged for U.S. dollars. A report identified the Russian state money printer as a potential source of the banknotes, which the Central Bank of Libya has labelled counterfeit. Russia Linked to Illicit...

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