How Russian Oil Is Shifting Global Trade
After Russia’s invasion of Ukraine in February 2022, Western nations imposed harsh restrictions on Russian oil imports. This has led to a significant shift in global trade, with countries like China, India, and Turkey increasing their oil imports from Russia. After Russia invaded Ukraine in February 2022, there were harsh prohibitions or limitations on Russian […]
Central Bankers Worried That BRICS Is Fragmenting The Global Monetary System
On the ECB blog, Piero Cipollone intensified his claims that BRICS is “fragmenting” the global monetary system. Cipollone highlighted how countries like China, Iran, and Russia are creating alternative payment systems, disrupting global financial efficiency. The European Central Bank (ECB) official Piero Cipollone, who previously declared that inflation is caused by climate change, has intensified […]
Taliban Makes $80 Million In Crude Oil Sales In 10 Days
In the past ten days, the Taliban sold 150,000 tons of crude oil for over $80 million. This follows their 25-year contract with China’s CAPEIC, which invested $49 million to boost daily production to 8,000 barrels. Beijing’s investment in Afghanistan is starting to pay off as the government has sold 150,000 tons (1.1 million barrels) […]
These Are The 15 Most Valuable Bitcoin Addresses
Based on BitInfoCharts’ Bitcoin Rich List, the 15 most valuable Bitcoin addresses are provided, with 34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo topping the list with 248,597 bitcoins. When receiving bitcoins, a Bitcoin address is a special identification made up of 26 to 62 alphanumeric characters. On the Bitcoin network, these addresses operate as the transaction’s destination, guaranteeing that money is […]
These Are The World’s Biggest Mining Nations
According to data from the UNEP’s Global Material Flows Database, the world’s biggest mining nations are China, followed by India and the USA. The UNEP’s Global Material Flows Database states that as of 2023, China was the largest global extractor of domestic materials. 34.2 billion tons of materials, including biomass, fossil fuels, metal ores, and […]
Bird Flu Sparks Supply Chain Chaos
According to the US Department of Agriculture, at least 80 dairy cows in ten states have contracted bird flu, causing escalating deaths and culling, potentially leading to severe supply chain disruptions and economic strain. According to the most recent data from the US Department of Agriculture, at least 80 dairy cows in ten states have […]
Rise Of World’s Debt-Laden ‘Zombie’ Companies
According to an Associated Press investigation, the number of the world’s debt-laden ‘zombie’ companies has risen, and they will have to pay off $1.1 trillion in loans by year-end. The number of publicly traded “zombie” companies—those with debt so high they can’t even afford the interest on their loans—has increased to about 7,000 worldwide, with […]
You Can Now Buy Gold Bars From Vending Machines In South Korea
Recently, Bloomberg reported that you can now buy gold bars from vending machines in a GS Retail Co. convenience store in the Gangnam neighborhood of South Korea. Costco was the first to start selling gold bars—and running out of them. In South Korea, vending machines currently sell them. In one sense or another, it appears […]
China’s Sinopec To Build Gas Pipelines For Saudi Aramco In $1-Billion Deal
According to a filing with the Hong Kong Stock Exchange by China’s Sinopec, they will build gas pipelines for Saudi Aramco in a $1-billion deal. Sinopec, a Chinese energy behemoth, announced on Thursday that it has reached an agreement worth $1.3 billion with Saudi Aramco to acquire and construct pipes to expand the natural gas […]
Wall Street Of The South: Texas Stock Exchange To Challenge NYSE & Nasdaq
The Texas Stock Exchange (TXSE), backed by BlackRock and Citadel Securities, plans to challenge NYSE and Nasdaq, aiming for SEC registration this year and trading by 2025, with first listings in 2026. The Texas Stock Exchange is a new competitor to the New York Stock Exchange and Nasdaq, and investors like BlackRock and Citadel Securities […]