Warren Buffett, CEO of Berkshire Hathaway and one of the most renowned investors in the market, stated that he saw...
The recent takeover of First Republic Bank, the fourth U.S. bank to fail this year, has awakened concerns about the...
Efforts to transition to trade in national currencies in the Shanghai Cooperation Organization (SCO) can no longer be stopped, according...
2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves...
The European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from previous increases....
Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the...
The governments of India and Russia are considering integrating part of their payment systems, in order to counter the possible...
The BRICS bloc is now focused on expanding the use of the currencies of its members, according to the representative...
Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official...
A growing number of banking institutions in Russia are offering customers the option to save in Chinese yuan. The trend...
A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of...
Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist...
The development bank established by the BRICS group of nations has issued its first “green” bonds in U.S. dollars (USD)....
The platform developed for the digital ruble will be able to operate with different state-issued digital currencies, the Bank of...
According to U.S. Treasury Secretary Janet Yellen, the United States government is prepared to take the steps necessary to ensure...
Bank of Russia is building a system of gateways with foreign payment networks and is now working with Turkey in...
Further rate hikes are warranted by persisting inflation in the eurozone, according to members of its monetary authority’s decision-making body....
Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple. The Southeast European...
Within the next decade, the U.S. dollar will play a much less dominant role than it is today, according to...
Peter Schiff, economist and known gold bug, believes that the price uptick that gold is currently experiencing will extend in...
Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial...
Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council...
