Financial Intelligence

India's Foreign Minister Explains Why West Fears The Rise Of BRICS 1

India’s Foreign Minister Explains Why West Fears The Rise Of BRICS

India’s Foreign Minister, S. Jaishankar, recently spoke at the 2024 NDTV World Summit, offering some powerful insights into how global power dynamics are shifting. According to Jaishankar, the world is no longer dominated by just a few Western countries. Instead, non-Western nations like India and China are rising in influence,

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Why Thousands Of Americans Are Retiring Abroad? 1

Why Thousands Of Americans Are Retiring Abroad?

This year, a record number of Americans are turning 65, and many are looking to retire in other countries. For these former U.S. residents, also known as “expats,” moving abroad seems like a great way to escape the high costs of living and healthcare in the United States. However, retiring

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The $100 Trillion Threat: How It Could Impact Your Wallet 1

The $100 Trillion Threat: How It Could Impact Your Wallet

As top finance officials from around the world prepare to meet in Washington, the International Monetary Fund (IMF) is sending a strong warning: it’s time for countries to get their finances in order. With a crucial U.S. election just weeks away and memories of a recent inflation crisis still fresh,

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BRICS Pay: New Payment System To End Dollar Dominance

This year marks the first time that BRICS—a group of five major emerging economies, now expanded to include ten members—will hold a summit since its expansion. The big event will take place from October 22 to 24 in Kazan, Russia. One of the key topics everyone is buzzing about is

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Zelensky Approves Sell-Off Of Ukrainian State Banks 1

Zelensky Approves Sell-Off Of Ukrainian State Banks

Ukrainian President Volodymyr Zelensky has just signed an important law that allows the government to sell state-owned banks. This decision, announced on the Verkhovna Rada’s website, is a big step in changing how banks operate in Ukraine. Why Is This Happening? The law, which was passed by the Rada on

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How Zimbabwe Is Rising Against Western Sanctions 1

How Zimbabwe Is Rising Against Western Sanctions

For more than 20 years, Zimbabwe has been facing sanctions from the United States and the European Union. These sanctions were imposed because of concerns about human rights and democracy in the country. The Southern African Development Community (SADC) and the United Nations have reported that these sanctions have made

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Africa Bans Export Of Gold To Other Countries 1

Africa Bans Export Of Gold To Other Countries

Many countries in Africa are making exciting changes to how they manage their precious minerals like gold. Instead of sending these valuable resources abroad in their raw form, countries such as Ghana, Tanzania, the Democratic Republic of Congo, and Ethiopia are now focusing on processing them locally. This means they

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