For several years now, the BRICS+, an alliance of Brazil, Russia, India, China, South Africa, and other countries, has been expressing the desire to reduce dependence on the US dollar in international transactions. Such an initiative is seen as an instrument for breaking the economic domination of the United States. The idea of an alternative […]
Safe Haven Tested: Gold Surges While Dollar and Equities Struggle
In recent days, the trade war between the United States and China has escalated. The U.S. has imposed tariffs of up to 145% on Chinese imports, and China has raised tariffs on American goods to as high as 125%. The resulting uncertainty, driven by the inability to accurately assess the damage to global trade and […]