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Financeflux

Digital Euro System Now Underway in Europe, EU Commission Says It ‘Won’t Replace Cash’

The European Commission has proposed a legislative plan for the launch of a new digital euro payments system, one that…

June 28, 2023

US Will Pay $660,000,000,000 in Interest on National Debt This Year, Says Fiscal Sustainability Nonprofit

A foundation created by billionaire Peter G. Peterson says rising interest rates will push the US government's interest payments to…

June 27, 2023

US Banks Facing ‘False Sense of Comfort’ Amid Rising Signs of Credit Stress, Says Banking Regulator

Acting Comptroller of the Currency Michael J. Hsu just issued a fresh warning about potential risks to the US banking…

June 25, 2023

Bank for International Settlements Unveils ‘Game-Changing’ CBDC Blueprint Using Privatized and Controlled Crypto Technology

The global central bank umbrella organization known as the Bank for International Settlements (BIS) has released a blueprint for the…

June 25, 2023

Legendary Investor Jim Rogers Issues Global Economic Warning, Says Next Bear Market Will Be the Biggest in His Lifetime

Veteran American investor Jim Rogers says the next bear market will be the biggest in his 80-year lifetime. In a…

June 25, 2023

Chase and BofA Should Have Flagged Massive Bank Transfers in $800,000 Scam, Says Victim’s Daughter

JPMorgan Chase and Bank of America are defending their fraud prevention systems after a 76 year-old man lost his life…

June 23, 2023

576 American Banks Are Overexposed to Commercial Real Estate Loans As Delinquencies Rise: Report

Hundreds of US banks have exceeded regulatory guidelines on commercial real estate loan concentrations, according to a new report. A…

June 22, 2023

JPMorgan Chase Hit With Multimillion-Dollar Fine For Deleting 47,000,000 Banking Records

The U.S. Securities and Exchange Commission just hit JPMorgan Chase with a $4 million fine for deleting about 47 million…

June 22, 2023

Nearly 20 Countries Eyeing BRICS Membership, Some Even ‘Begging’ To Join: Russian Deputy Minister

Senior Russian diplomat Sergey Ryabkov says the line to get into BRICS is getting more and more competitive. According to…

June 21, 2023

Deutsche Bank Warns US Recession Imminent, Says Avoiding Hard Landing Is Next to Impossible: Report

The US appears headed for a hard landing and a recession, according to the chief economist at one of Europe's…

June 21, 2023