Russia and its trade partners are developing new financial systems and currencies to get around economic pressure from the West, particularly the United States and Europe. These efforts aim to reduce the world’s dependence on the US dollar and Western-controlled financial networks, allowing Russia to keep its economy running despite
The Rasht-Astara Railway is becoming a critical part of India’s strategy to boost its global trade, especially as the world faces increasing challenges like the Red Sea crisis. Russian President Vladimir Putin recently emphasized the importance of this railway and the broader International North-South Transport Corridor (INSTC) during his visit
The world is going through a big financial crisis, pushing countries to find new ways to protect their economies. Gold, with its skyrocketing value, is now a popular way for countries to strengthen their financial systems. Africa, home to vast gold resources, understands this well. But there’s a problem: most
India is currently investigating a major tax evasion case involving the UK-based insurance company Aviva, which has been accused of being part of a large-scale conspiracy to evade taxes. Here’s what we know so far: Between 2017 and 2023, Aviva’s Indian branch reportedly paid around $26 million to different vendors,
Binance, one of the world’s biggest cryptocurrency exchanges, is in hot water after being accused of freezing all the crypto funds belonging to Palestinians. Here’s a breakdown of what’s happening and why it’s causing such a stir. The Accusation Ray Youssef, a well-known figure in the crypto world and CEO
A major economic shock has just hit the United States. On August 21, the US Bureau of Labor Statistics revealed that they had made a big mistake in the number of new jobs created over the last year. They admitted that the total number of new jobs they announced from
Recently, The Wall Street Journal (WSJ) published an article titled “Why China Is Starting a New Trade War.” The article painted a rather sensational picture of China trying to stir up global conflict by boosting its manufacturing industry. According to WSJ, China’s goal is to restore its economy by increasing
The upcoming BRICS Summit in October might shake up global trade by exploring a plan to reduce reliance on the U.S. dollar among its member countries and potentially introduce a new type of currency based on a mix of different currencies. While the details are still fuzzy, the move could
Ever wonder which countries give the most paid time off from work? You might be surprised by the results! We’ve got the scoop on the top countries where employees enjoy the most time off every year. Europe Tops the List It turns out that Europe is the leader when it
