Janet Yellen, the American Treasury Secretary, reiterated on Monday her plea to Congress to consider increasing or temporarily remove the US debt limit. This is to ward off a probable default by the world's largest economy, which would otherwise run out of money to pay its debts in October. Failure …
Money management
A Session of Quad Nations Will Be Hosted by President Joe Biden
The United States president will hold the foremost physical conference with leaders from the "Quad" nations, which include Australia, India, Japan, and the United States of America, who are about striving to strengthen collaboration to counter China's increasing aggression.Representatives from the …
Russian and Chinese Governments Are Increasing the Use of Local Money in Business Transactions to Reduce Reliance on the Us Dollar
Experts stated that the Chinese and Russian governments are speeding up their abandonment of the dollar to increase security and suitablility of China to Russia commerce in the face of possible one-sided US penalizations. This suggests that, as Chinese-Russian trade expands rapidly, majority of the …