The UK Foreign Office has come under fire for telling government officials to refrain from labelling countries like China “hostile states”.
Month: August 2023
Binance Renames Russian Bank Cards Amid US Sanctions Probe, Report
Crypto exchange Binance has replaced the names of cards issued by Russian banks with colors, Russian media revealed amid reports of a U.S. investigation into potential sanctions violations. The changes concern the ruble exchange feature on Binance’s peer-to-peer platform. Russian Traders on Binance Offered ‘Green’ and ‘Yellow’ Cards as Payment Options Binance, the world’s largest […]
Russian Foreign Minister Sergey Lavrov: BRICS Is Focused on Reducing Dependence on US-Controlled System
Russian Foreign Minister Sergey Lavrov has declared that the actions of the BRICS bloc, integrated by Brazil, Russia, India, China, and South Africa, are focused on reducing dependency on the economic system managed by the U.S. and its Western allies. He denied a possible unified currency for all BRICS countries at this juncture. Russian Foreign […]
New Hampshire Secretary of State Weighs Using 14th Amendment to Keep Trump Off Ballot
New Hampshire Secretary of State David Scanlan (R) is consulting with the state attorney general to determine if the U.S. Constitution’s Fourteenth Amendment empowers him to keep former President Donald Trump off the 2024 presidential ballot.
Brazil Proposes Plan to Settle Bilateral Trade With Argentina in Chinese Yuan
The government of Brazil has formally presented a proposal to Argentina to settle bilateral trade transactions in the Chinese yuan. The proposal, which would leverage resources in the Chinese credit swap line, aims to maintain trade between the countries and secure the payment of Brazilian exporters even with Argentina’s low foreign reserves. Brazil Proposes De-Dollarization […]
White House: Don’t Get Why GOP Wants to Repeal Bidenomics, Which Has ‘the IRS Working’ to Go After ‘Tax Cheats’
On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein reacted to criticism of President Joe Biden’s economic agenda during this week’s Republican deba…
Spanish Soccer President Luis Rubiales Refuses to Resign After Kissing Female Soccer Star on the Lips After World Cup Win
Royal Spanish Football Federation President Luis Rubiales is refusing to resign after he kicked up a controversy for kissing a player.
South African Official: Common Currency Requires Central Bank, Threatens Monetary Policy Independence
South Africa’s minister of finance has explained why he believes that no country is ready for a common currency, including a unified BRICS currency. “Setting up a common currency presupposes setting up a central bank, and that presupposes losing independence on monetary policies, and I don’t think any country is ready for that,” he emphasized. […]
White House: We’ve Just Made Prices Rise ‘More Slowly’ and People Want Prices to Decline
On Friday’s broadcast of CNBC’s “Squawk Box,” White House Council of Economic Advisers Chair Jared Bernstein acknowledged that the declines in the inflation rate just mean “prices are rising more slowly.” And “…
White House: ‘Many’ Policies Designed to Create Stimulus as COVID Stimulus Fades, Like ‘Inflation Reduction Act’
On Friday’s broadcast of CNBC’s “Squawk Box,” White House Council of Economic Advisers Chair Jared Bernstein stated that the Biden administration has “many” policies that are designed to provide stimulus “as th…