• Wed. Feb 12th, 2025

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A shadow ‘financial crisis’ has cost the world $2 trillion

CNN — Last month, two major storms, Hurricane Helene and Hurricane Milton, caused a total of between $51.5 billion and $81.5 billion of property damage, mostly to Southeastern US states,…

“Shadow Reserves”: China’s Key to Parry U.S. Financial Sanctions

In the ongoing U.S.-Chinese financial war, Beijing has focused on insulating China’s strategic trade from dollar-based financial sanctions. This objective has animated the growing push for China-Saudi renminbi settlement. It…