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$18,500,000,000 in US Treasuries Sold by BRICS Trio of China, India and Brazil in One Month

A trio of BRICS member nations are unloading billions upon billions of dollars worth of US Treasuries. New numbers from…

October 22, 2023

Financial Fears Trigger Bank Run in China As Officials Push To Prevent Contagion: Report

Chinese authorities are moving to prevent further financial contagion as a bank run unfolds in one of its provinces. Thousands…

October 16, 2023

Caroline Ellison Says Alameda Paid Massive Bribe to Chinese Officials To Unfreeze $1,000,000,000: Report

Caroline Ellison, close confidant of former FTX CEO Sam Bankman-Fried, says that the exchange's trading arm Alameda Research paid a…

October 11, 2023

$17,400,000,000 in US Treasuries Dumped by BRICS Nations China, Brazil and Saudi Arabia in One Month

Founding BRICS members China and Brazil along with newcomer Saudi Arabia are quietly unloading their US Treasury holdings. New numbers…

October 6, 2023

Hong Kong Financial Regulator Forms New Partnership With Police To Monitor Crypto Exchanges

The supervisory body regulating the securities and futures market in Hong Kong teams up with the city’s police force to…

October 6, 2023

$18,900,000,000 in US Treasuries Dumped by BRICS Members China, Brazil, India and UAE in One Month

Several members of the economic alliance known as BRICS are discarding billions of dollars worth of assets backed by the…

September 22, 2023

Billionaire Chamath Palihapitiya Calls BRICS Nations ‘Polar Opposites’, Has Trouble Seeing Members Cooperating

Venture capitalist Chamath Palihapitiya says that he has a hard time seeing BRICS nations working together to achieve anything significant.…

September 6, 2023

$114,500,000,000 in US Treasuries Dumped By China and New BRICS Member Saudi Arabia

BRICS members China and Saudi Arabia are unloading hundreds of billions of dollars worth of US treasuries. New numbers from…

September 2, 2023

BRICS Member India Ditches US Dollar, Purchases 1,000,000 Barrels of Oil With Rupees for First Time Ever: Report

BRICS member India has reportedly purchased oil from the United Arab Emirates using its national currency for the first time…

August 25, 2023

Man Faces Life Sentence After China Accuses Him of Running Secret Crypto Mining Activities, Bribery: Report

A Chinese man will reportedly spend the rest of his life in prison after being caught hiding illicit crypto mining…

August 23, 2023