Saudi Arabia Set to Use Chinese Yuan for Oil Payments
Riyadh (Agencies): In a significant shift in global economic dynamics, Saudi Arabia is reportedly in talks to use the Chinese yuan instead of the US dollar for oil payments. This…
Global stock market crashed
NEW YORK (Agencies): Stock markets went into a meltdown on Monday amid fears that the US could be heading for a recession, pushing investors into panic-selling mode, market data shows.…
De-dollarization: The Global Shift and Its Implications
The concept of de-dollarization refers to the gradual process of reducing reliance on the US dollar in global trade, finance, and reserves. This phenomenon has gained momentum over recent years…
US Pump Prices Set to Reach $4 a Gallon
NEW YORK (Agencies): As the U.S. summer driving season approaches, retail gasoline prices are poised to rise. Experts predict that the average national price could hit $4 a gallon, although…
Is This the Death of the American Penny?
WASHINGTON (ZeroHedge/Agencies): Metals have long held intrinsic value, and precious metals like gold and silver are universally recognized as valuable commodities. However, there’s an unexpected contender in the value game:…