With the discussion of De-Dollarization, comes one of alternatives currency options. We know that the dollar will not be replaced in this system, even if countries begin to move away from the dollar to other currencies in an attempt to decrease their reliance on US currency. So, the other option is the Gold Standard. We […]
Gunmen from the West Papua Liberation Army attacked Indonesian troops who were sent to rescue a New Zealand pilot held hostage by rebels in Papua province. At least six soldiers died and around 30 are missing. The rebels killed the soldiers in revenge for the deaths of two rebels in a previous attack. The rebels […]
The Bank of England has said it will “not hesitate” to hike interest rates to curb inflation after the pound fell to a record low against the US dollar. Its statement came after the Treasury said it would publish a plan to tackle debt in a bid to reassure investors. Sterling fell to an all-time […]
The sword of the international order has been placed on Pakistan’s neck to deprive it of its full ownership of the huge gold and copper reserves in Reko Diq, handing extensive ownership rights to a modern East India Company. Barrick Gold has ended a long-running dispute with Pakistan and will now start to develop one […]
