Weaponizing Dollar Boomeranged On US, Says French Analyst
The French geopolitical expert Renaud Girard has stated that the weaponization of the dollar has backfired on the United States.
Firm Linked To Adani’s Infrastructure Projects Owned By Chinese National
The intelligence wing of the Indian Ministry of Finance, the Directorate of Revenue Intelligence (DRI), has raised allegations that a firm linked to Adani’s infrastructure projects is owned by a Chinese national.
Fuel From Russian Oil Gets Backdoor Entry Into Europe Via India
Russian oil-based fuel has found a backdoor entry into Europe through India, as per reports. Due to Europe’s ban, Russia’s oil products were kept out, which resulted in India’s diesel exports to Europe rising by 12-16% to 150,000-167,000 barrels per day in the last fiscal year.
The Countries Bailed Out By China
According to a new report published by the AidData research lab at Virginia’s College of William & Mary, the number of countries that were bailed out by Chinese loans when they ran into liquidity problems between 2000 and 2021 is 22.
McDonald’s Temporarily Shuts US Offices, Prepares Layoff Notices: Report
The Wall Street Journal reported today that McDonald’s is temporarily shutting its US offices and preparing layoff notices.
Jammu And Kashmir’s Budget Twice The Size Of Pakistan’s IMF Bailout Request
The budget of the Indian union territory of Jammu and Kashmir (J&K), announced last month, is twice the size of Pakistan’s bailout request to the International Monetary Fund, according to documents.
BRICS Alliance Working To Create Its Own Currency, Says Russian Official
According to reports quoting Russian official Alexander Babakov, the BRICS alliance is working to create its own currency.
Hundreds Of U.S. Banks Are Now Insolvent
U.S. banks’ unrealized losses actually amount to $1.75 trillion, or 80% of their capital, causing hundreds of U.S. banks to be now insolvent.
Small European Countries “Morally & Financially Exhausted” By Ukraine War Effort
Czech President Petr Pavel said in an interview that small European countries are “morally and financially exhausted” by the Ukraine war effort.
China And Brazil Strike Deal To Ditch The US Dollar
According to the Brazilian government, China and Brazil have reached a deal to trade in their own currencies and ditch the US dollar.