World News
Iran has launched a drone attack on a US military base in Bahrain, marking an escalation in regional tensions. Meanwhile, domestic political controversies continue across multiple countries, including disputes over media funding in the Czech Republic, allegations of misconduct by US officials including Transportation Secretary Duffy's account of a ground stop, and questions about potential conflicts of interest involving government officials' business interests. International incidents ranging from deadly violence in the Middle East to a major fire at a Canadian military base underscore ongoing global instability.
World Network Halted in Indonesia Amid Registration and Consent Issues
The digital ministry of Indonesia has suspended the local operating license of World Network as the authorities found that the project was running under a registration not tied to an Indonesian legal…
Indonesia suspends Sam Altman’s World project over suspicious activity
OpenAI CEO Sam Altmans digital identity project, World, formerly known as Worldcoin, faces challenges in Indonesia after…
Trade War, Inflation… But No Rate Cuts In Sight
Powell slows down, Trump strikes, the markets are in a frenzy.
Buffett Cautions on US Dollar and Signals Interest in Global Currencies
Buffett warns that the $34 T US debt risks the dollar's role; global reserves will drop to under 59% in 2023.
Nigeria Customs Pilots Electronic Currency Declaration at Abuja Airport
The Nigeria Customs Service (NCS) has successfully piloted its Electronic Currency Declaration Form (E-CDF) at Nnamdi…
8 OPEC+ Countries Increase Oil Production Despite Falling Prices
As oil prices plummet and demand remains sluggish, OPEC+ surprises by announcing a massive increase in its production…
The End Of An Era: Warren Buffett Readies His Farewell From Berkshire Hathaway
Buffett leaves the ship in the middle of a storm, handing the helm to Abel and a fortune along the way.
Trump Acknowledges Possible Recession, Highlights US Economy Is in Transition
While President Trump stated that anything could happen with the U.S.
Warren Buffett Estimates That Trump’s Trade Policies Could Lead to Nuclear Confrontation
During Berkshire Hathaway’s 2025 annual shareholder meeting, Buffett criticized the Trump administration’s America First…
BRICS Accelerates Currency Shift With New Trade Tools and Payment Systems
BRICS nations are turbocharging their break from Western-dominated finance, advancing local currency trade, cross-border…
Warren Buffett to step down as Berkshire Hathaway CEO by year's end
Warren Buffett, the CEO of publicly traded investment company Berkshire Hathaway, announced at the company's annual…
Dollar Weakens But Remains Dominant Amid Global Tensions
The dollar has slowed down, but global markets are holding their breath.
S&P 500 Recovers Sharply After Unexpected GDP Contraction
What if the markets were following a tempo that escapes economic logic? While the U.S.
Global Economy: EU’s €50.4 Billion Plan To Soothe Donald Trump’s Tensions!
The EU is trying to avoid a trade war that would harm its economy. This article explains how.
U.S. Treasury Moves to Cut Off Cambodia’s Huione Group Over $4B Laundering Tied to North Korea
FinCEN alleges Huione laundered $4B, including $37M tied to North Korea’s Lazarus Group. U.S.
Are Donald Trump’s tariffs a legal house of cards?
On Wednesday, speaking from the White House, US President Donald Trump suggested that families scale back on gifts this…
US Congress Seeks to End the Penny by Introducing the Common Cents Act
The ‘Common Cents’ Act, which has bipartisan support, seeks to end the production of the $0.01 coin, commonly known as…
‘Dr. Doom’ Now Bullish on US Economy, Predicts 4% Growth Despite Trump’s Tariffs
Economist Nouriel Roubini presents an optimistic outlook for U.S. economic growth, forecasting a 4% annual rise by 2030.
Luxury And Auto Giants Lead CAC 40 Collapse
The CAC 40 is taking a significant hit.
US Treasury Moves to Cut Off Cambodia’s Huione Group From Financial System Over $4B Laundering Claims
The Financial watchdog proposed severing the Cambodian conglomerate from the U.S.
US Economist Jeffrey Sachs: Trump’s Take on Tariffs Is ‘a Serious Mistake’
Sachs explained that the Trump administration’s emphasis on applying tariffs on rival governments would not impact the…
U.S. GDP Falls By 0.3% In Three Months Amid Trump’s Economic Policies
The American economy is declining for the first time since 2022. Heading towards a recession?
Chinese Industry Contraction Raises Global Fears
The Chinese industry is showing signs of weakness.
BRICS Slashes US Dollar Use to One-Third as Local Currencies Surge in Trade
BRICS trade just hit a seismic milestone — over 65% now in national currencies as the bloc accelerates its exit from the…
March PCE Report Shows Mixed Inflation Signals, Casting Doubt on Fed Rate Cuts
Newly released U.S.
Fed Liquidity or Bust: Veteran Investor Sees Inflation Roaring Back to 9%
A Federal Reserve survey naming the trade war and U.S.
Markets Bet on Fed Pause in May Even as Trump Rattles the Cage
On April 12—just over two weeks prior—expectations surrounding a potential cut to the federal funds rate were in flux,…
Wall Street Plunges: Macroeconomic Factors Weigh On The Markets
Global stock markets are plunging with significant losses on Wall Street and internationally.
Russia’s Economy Grows 4.1% Despite U.S. Embargo, Boosted By BRICS Support
While economic sanctions aimed to suffocate Moscow, Russia recorded a growth of 4.1% in 2023.
Senator Rand Paul Pushes Colleagues to Rein In White House Tariff Powers
Kentucky Senator Rand Paul is pressing Congress to reclaim its taxing authority, arguing that President Donald Trump’s…