Recently, the value of the U.S dollar has been skyrocketing against other currencies, making economic trends more complex for the rest of the world. The greenback is typically used as a major medium of commodity exchange globally, which means that once its demand goes up, so does its value.   The Russian ruble is the...Read More

(Kitco News) – According to the St. Louis Federal Reserve, the U.S. debt-to-GDP ratio is 125 percent. Research by economists Ken Rogoff and Carmen Reinhart suggests that a debt-to-GDP ratio in excess of 90 percent causes slower economic growth and may trigger a public debt crisis. Max Borders, Executive Director...Read More

After the economic crisis of Sri Lanka, Pakistan’s name has been doing the rounds in the list f troubled economies. However, the latest entry in the list of economies facing acute crisis, is that of Bhutan. The import of non-essential goods could be discouraged and even restricted to control the widening trade deficit and protect...Read More

Progressive Democrats are demanding a ban on all U.S. oil exports, claiming it would drive down the price of gas at the pump. Nationalist Republicans are attacking the Biden administration for selling oil from the Strategic Petroleum Reserve on the open market, allowing millions of barrels to be bought by China. But new research shows...Read More

Fundamental Forecast for the US Dollar: Neutral The July Federal Reserve meeting changed the trajectory for the US Dollar for the rest of 2022. US jobs data due at the end of the week are expected to remain strong, though the US unemployment rate may have stopped falling amid the Fed’s rate hikes. According to...Read More

According to the dictionary, the US went into a technical recession on Thursday, when it was confirmed that the economy had shrunk for two consecutive quarters. But that doesn’t mean this is actually a recession. The pleasure of announcing one of those goes to an obscure panel of eight economists who meet in secret and pore over several indicators to determine...Read More

China, India, Vietnam and a number of  Asian and Pacific countries are already gearing up for the 7th Eastern Economic Forum scheduled to take place on 5–8 September in Vladivostok, Far East. With the emerging new economic order and the United States and European Union’s sanctions on Russia for its “special military operation” in the...Read More

WASHINGTON (AP) — It’s been more than a year in the making and has seen plenty of ups and downs. Now, a Democratic economic package focused on climate and health care faces hurdles but seems headed toward party-line passage by Congress next month. Approval would let President Joe Biden and his party claim a triumph...Read More

Month ends with a bang for stock and bond savers The increase in the price of the free dollar only led to an increase of 67% in July, and Adjustment of interest rates in both the United States and Argentina. Incidents that have been impacted by profound cabinet changes in recent days, including the departure...Read More

In an interview with Kitco news, the author of ‘The Decentralist’ Max Borders, recently admitted that the US economy is in danger of imploding.  Additionally, he disclosed that gold and Bitcoin would be crucial tools for fending off the probable effects of future economic catastrophes. The financial guru has shared his profound insights on the...Read More