IMF lowers Russia's GDP growth forecast for 2024 to 1,1%
According to the International Monetary Fund, Russia's economy will grow by 2024% in 1,1, which is slower than previously forecast, following significant spending and stable consumption in a tight labor market that [...]
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31 May 2023
No longer King Dollar? It's not so simple!
The dollar's status as the world's dominant currency has come under increasing scrutiny recently due to rivalry with China, the fallout from the Russian invasion of Ukraine, and disputes over the US debt ceiling. The share of the dollar in [...]
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June 9 2022
Premature dollar burial or financial system revolution?
2022 is an amazing year for currencies. By 'amazing' I mean volatility, potential and changes in monetary policy on a global scale. As far as we expected the Federal Reserve to be more [...]
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January 31 2022
Bitcoin and ethereum are back on track
Cryptocurrencies kicked off slowly last week, with both bitcoin and ethereum recovering somewhat from the sharp drops in the previous weeks. Bitcoin started the week above $ 35, but on Monday [...]