By Rhod Mackenzie
The Russian Central Bank Governor Elvira Nabiullina showed Western economists an example of high-quality work under stressful conditions. In fact, she shattered all their illusory ideas about the financial system of the world, created over the course of the last 30 years.The econ...
By Rhod Mackenzie
The Argentinian president- elect Javier Milei's team, responsible for international relations, is examining whether the country should join BRICS. Analysts consulted by the team claim that this represents an opportunity for Argentina rather than a risk.
While a final decision h...
By Rhod Mackenzie
The Western states' self-interested formation of the globalization model is no longer effective and is currently in a serious crisis.
As per Russian President Vladimir Putin's opening address to the participants and guests at the Primakov Readings International Forum on Novemb...
By Rhod Mackenzie
Today at the start of the working week, the price of gold reached a six-month high.Reuters reports, the spot price for an ounce of gold rose by 0.4% on November 27th, hitting $2,009.69.
This is due to the devaluation of the US dollar. Additionally, there is a strong likelihood t...
By Rhod Mackenzie
Economists have been sounding the alarm for years now, saying that the "debt brake" mechanism, which was introduced into the German Constitution 14 years ago, is a ticking time bomb. In light of the Constitutional Court's recent decision on a crucial budgetary matter, the mechani...
By Rhod Mackenzie
Europe has officially acknowledged its member economies face a significant economic downturn: by year-end, GDP will decrease in ten EU member states. These include not only “lagging behind” nations, such as Poland, Lithuania and Latvia, but also some of the leading leading econom...