Economics Archive

Cuba’s Central Bank Suspends US Dollar Deposits Nationwide – Officials Cite Embargo ‘Obstacles’

The Republic of Cuba is suspending the use of U.S. dollars due to embargo

Wall Street Giants Want to Be Your Landlord – Data Shows Megabanks Are Buying up All the US Real Estate

Homebuyers in the United States have found difficulties acquiring single-family homes after the year-long

Texas Senator Claims People Are Flocking to Bitcoin Because US Is on ‘the Verge of an Inflation Crisis’

This week the United States senator from Texas, Ted Cruz, appeared on the Fox

Nigerian Lawmakers Slam Naira Devaluation, Warn of Inflation Implications

Nigeria’s House of Representatives has moved a motion calling on the country’s central bank

Deutsche Bank Warns: Ignoring Rising US Inflation Akin to ‘Sitting on a Time Bomb’

Deutsche Bank published a report Monday noting that the United States is facing “the

Government Cannot Stand in the Way of Crypto Technologies, Iran Minister Says

New technologies, including blockchain and cryptocurrency mining, have helped Iran to increase budget receipts

Bank of Ghana ‘in the Advanced Stages of Introducing a Digital Currency’— Governor Repeats Anti-Cryptocurrency Claims

The governor of Ghana’s central bank, Ernest Addison, has said his institution is now

QE Begins to Slow — Federal Reserve Reveals Winding Down of Corporate Bond Purchases

On Wednesday, the U.S. Federal Reserve announced it would be winding down its corporate

Beijing to Disperse $6 Million in Digital Yuan in a Red Envelope Lottery

China’s central bank digital currency (CBDC) continues to gain further ground as the Beijing

Relief Payments Coming? 80 Legislators Press Biden Administration for a Fourth Round of Stimulus

Rumors of a fourth and possible fifth round of direct stimulus checks have become

Metalla CEO Says Crypto Industry Is a ‘License for the Private Sector to Print Money’

During an interview this week, Metalla Royalty & Streaming CEO, Brett Heath, explained that

Nigeria’s Naira Loses Ground on Forex Black Market Just a Few Days After Devaluation

The Nigerian naira currency lost further ground against major currencies after it depreciated to

White House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway Inflation

On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the

South Africa Reserve Bank Commences Retail CBDC Feasibility Study

The South African Reserve Bank (SARB) says it has commenced a feasibility study for

Fed’s Daily Tapering Increases by 23%- Tuesday’s Reverse Repo Removes $432 Billion from Market

Since well before the onset of Covid-19, the U.S. Federal Reserve had initiated monetary

Bank of Korea Seeking Technology to Develop Digital Currency

South Korea’s monetary policy regulator is taking steps to create its own digital coin.

Fed Begins to Taper QE- US Central Bank Removes $351 Billion in Liquidity via Reverse Repos

After pumping extreme amounts of liquidity into markets, the U.S. Federal Reserve seems to

Data Suggests Fed’s MBS Operations and Wall Street Investors Behind Inflated US Real Estate Market

The Federal Reserve and America’s big banks have significantly inflated home prices across the

US Dollar Drops to a Three-Year Low, Greenback Could Dip 10% Lower, Fed Still Not Ready to Taper QE

America’s currency has been flirting with lows again, as the U.S. Dollar Index (DXY)

Biden Economics: US Jobs Report Lackluster, Unemployment Extensions Hammer Supply Chain, Americans Want More Stimulus

Recent headlines in numerous publications claim the U.S. economy is set for rapid expansion

Japanese Assembly Members Seek to Make Tokyo a ‘Cryptocurrency Trading Center’

Japan is steadily becoming an area of interest for the cryptocurrency industry, and a

Kazakhstan Is Preparing the Launch of a CBDC Pilot With Private Financial Companies

Central bank digital currencies (CBDCs) are steadily becoming a serious discussion among governments globally,

Crypto Derivatives Exchange FTX Starts Offering Lumber Futures Amidst Commodities Price Boom

FTX, one of the largest derivatives exchanges, has started to offer lumber-based futures markets

ECB Deepens Analysis of Digital Euro, Decision Expected by Mid-Year, VP Confirms

Faced with challenges on many fronts, the European Central Bank is now deepening the