Saudi Arabia Ends Petrodollar Agreement: A Historic Shift in Global Economics
In the realm of global economics, few arrangements have wielded as much influence and sparked as much debate as the petrodollar system. Since its inception in the 1970s, this system has been a linchpin of the international financial order, anchored by agreements between oil-producing nations, particularly Saudi Arabia, and the United States. However, recent developments […]
Jill Biden Tests Positive for COVID-19, President Biden Remains Negative
Jill Biden Tests Positive for COVID-19, President Biden Remains Negative
The Mac Version of the New Microsoft Teams is Anticipated to Roll out in late September.”
The Mac Version of the New Microsoft Teams is Anticipated to Roll out in late September
Biden Commends Unions and Highlights Job Creation During His Labor Day Appearance in Philadelphia
Biden Commends Unions and Highlights Job Creation During His Labor Day Appearance in Philadelphia
Saudi Arabia, UAE and Iran among six countries invited to join BRICS group
Oil Powerhouses Saudi Arabia and UAE Among Invited Countries for BRICS Group Expansion In a significant development, Saudi Arabia and the United Arab Emirates (UAE), prominent players in the global oil industry, have received invitations to join the BRICS group of developing nations. This expansion marks a pivotal moment for the bloc, as it extends […]
Nvidia Just Made 6 billion Profit Over the Ai boom
Nvidia, a leading technology company renowned for its graphics processing units (GPUs), has reported a substantial profit of $6 billion. This achievement is attributed to the unprecedented surge in the demand for AI technologies, where Nvidia’s GPUs have played a pivotal role. As industries worldwide embrace AI’s transformative capabilities, Nvidia’s GPUs have emerged as fundamental […]
BRICS Nations Challenge US Dollar’s Global Dominance
The rise of BRICS (Brazil, Russia, India, China, South Africa) and its impact on precious metals and the US dollar is gaining prominence. The recent BRICS summit in Johannesburg has far-reaching consequences for the financial world, triggering potential shifts in the value of precious metals and the role of the US dollar. As the BRICS […]
15th Brics Summit 2023
The 15th BRICS Summit: Navigating Challenges and Fostering Cooperation The 15th BRICS Summit is set to convene, bringing together the leaders of five major emerging economies: Brazil, Russia, India, China, and South Africa. This annual event serves as a platform for these nations to discuss and collaborate on various global issues, ranging from economic growth […]
Evergrande files for US bankruptcy protection as China economic fears mount
Evergrande Initiates Bankruptcy Protection Proceedings in the US Amidst Real Estate Crisis China’s prominent real estate giant, Evergrande, has taken a significant stride by initiating bankruptcy protection proceedings in the United States, amidst the escalating real estate crisis in China. This legal action, known as Chapter 15 bankruptcy protection, is designed to shield Evergrande’s assets […]