According to new reports from the Social Security and Medicare trustees, Social Security and a Medicare fund that pays for hospital expenses will both begin running deficits in 2035 and 2036. Disappointingly, but not surprisingly,…
Category: Economy
Get ready for what may well be the geoeconomic bombshell of 2024: the coming of a decentralized monetary ecosystem. Welcome to The Unit – a concept that has already been discussed by the financial…
The tech billionaires weighed in on the idea of a ten-year aid deal articulated by Vladimir Zelensky Two of the America’s most influential tech entrepreneurs, Elon Musk and David Sacks, have expressed concern over a…
US Congress approved a bill allowing the confiscation of funds on Wednesday The “weaponization” of the US dollar through the seizure of frozen Russian assets could prompt a global shift away from the greenback, Bloomberg…
On the 50th anniversary of the Baikal-Amur Mainline (BAM), Russian President Vladimir Putin stressed that it was a railway of the future destined to define global logistics for the 21st century. He added that Russia’s…
While US policymakers are seeking to grab Russia’s sovereign assets altogether, EU officials are planning to find legal ways to seize the profits generated by the assets. Russia has signaled it will retaliate against any…
Beijing has vowed to safeguard its interests and ties with Moscow following a warning from US Treasury Secretary Janet Yellen Beijing has dismissed a warning from Washington to Chinese companies that allegedly support the Russian…
Pricing power in a market long dominated by Western institutional money is moving East and the implications are profound The gold price has risen to a series of new all-time highs of late, a development…
Greater African integration is inevitable despite signs of lingering Western neocolonialism on the continent, Columbia University economist Jeffery Sachs told Sputnik’s New Rules podcast. Africa has witnessed a wave of military takeovers in the…
Despite EU efforts to reduce reliance on Russian gas in the wake of the anti-Russian sanctions, recent data shows a surge in Russian LNG imports by France and Spain, suggesting that business is practically proceeding…