Posts

Showing posts from August 5, 2023

Indian Analyst: World War III Already Started, BRICS Could Merge With SCO

Image
The president of a New Delhi-based think tank believes that World War III has already begun. He also anticipates the BRICS economic bloc (Brazil, Russia, India, China, and South Africa) merging with the Shanghai Cooperation Organization (SCO). “A single merged organization will be much more clearer, stronger and grow into very meaningful pole,” he described. Indian Analyst on BRICS Merging With SCO, World War III Robinder Sachdev, president of Imagindia Institute, a New Delhi-based think tank and research center, has shared his predictions on World War III and the possible merger of the BRICS economic bloc and the Shanghai Cooperation Organization (SCO). The BRICS nations are Brazil, Russia, India, China, and South Africa. The SCO members comprise China, India, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan, and Uzbekistan. “Both BRICS and SCO are initially founded by China and Russia. Many big picture goals of both organizations are same. It is necessary for both organ

Asian Economies Could Benefit From Reduced Dollar Influence, Says Devere CEO

Image
The CEO of asset management firm Devere Group says the world is shifting “away from a dollar-dominated financial system.” Emphasizing that a shift away from U.S. dollar influence “could have positive implications for Asian economies,” he described: “With the dollar losing its stranglehold, Asian economies would also likely experience a diversification of reserve currencies, paving the way for greater regional trade and investment opportunities.” How Reducing Dollar Dependence Could Benefit Asian Countries Nigel Green, CEO of asset management firm Devere Group, published an opinion piece in Asia Times on Friday arguing that the decline of the U.S. dollar could benefit Asian economies. The executive began: I believe that we are witnessing in real time the world beginning to shift away from a dollar-dominated financial system. “Among other reasons, this is because astronomic levels of debt, and the enormous amount of desperate money-printing to monetize these debts, have caused a c

Binance Users Reach 150 Million, CZ Reveals

Image
Registered users of Binance have hit 150 million, the crypto exchange’s founder and CEO, Changpeng Zhao (CZ), announced on social media. The milestone has been reached despite increased regulatory pressure on the world’s largest trading platform for digital assets in the past few months. Crypto Exchange Binance Adds 30 Million Users in a Year The biggest cryptocurrency exchange by daily trading volume, , now has 150 million registered users, its chief executive unveiled in a tweet on Thursday. In the post, CZ also marked some of the company’s recent successes that came amid heightened regulatory scrutiny of its business operations around the world. This year, Binance has been targeted by authorities in a number of its established markets. In the U.S., it’s involved in legal battles with the country’s securities and derivatives commissions, which sued it for breaking laws in their respective fields. In Europe, the exchange is under investigation by French prosecutors for money la