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Censored news - Economics

DEDOLLARIZATION IN FULL SWING: Oil giant Saudi Arabia formally joins BRICS group alongside UAE, Iran, Egypt and Ethiopia

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The oil-rich kingdom of Saudi Arabia has formally joined the BRICS group alongside four other countries. South African International Relations Minister Naledi Pandor confirmed the full membership of Saudi Arabia, Iran, Egypt, Ethiopia and the United Arab Emirates (UAE) during a Jan. 31 press briefing in the capital Pretoria. The five…
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Censored news - Economics

American economy running on FUMES as consumer debt binge reaches ominous and historic fever pitch

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Cost of living in the United States is so out of control that consumers are going into debt like never before in the nation's history. This historic debt binge seemingly has no end, especially because of the increasingly harsh economic environment that is making it next to impossible for many people to continue making ends meet.…
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Censored news - Economics

Unmasking Russia’s Influence and Situation Within the Commonwealth of Independent States

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Understandably, the global heat is seriously influencing the former Soviet republics, the backyard of the Russian Federation. These republics have attained their independence since 1991 after Soviet’s collapse and consequently have the unique opportunity to choose their own political and economic directions. But that has not been the…
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Censored news - Economics

The ECB is taking the “next step” towards introducing the digital euro and the first petition against this new form of surveillance is online

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There is still a lot of discussion and uncertainty, but the introduction of the digital euro is getting a small step closer. After two years of research, the European Central Bank (ECB) says it is entering a “preparatory phase”. Among others, the central bank plans to select developers who can build the appropriate infrastructure…
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Censored news - Economics

This Is The Worst Global Food Crisis In Modern History, And It Is About To Go To An Entirely New Level

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Hundreds of millions of people are desperately hungry all over the world, and by the time you are done reading this article more children will starve to death. Earlier this year, CNN actually admitted that we are in the midst of “the worst food crisis in modern history”, but because the mainstream media rarely features images of the…
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Censored news - Economics

Economic Despair Is Rapidly Spreading As the Cost Of Living Rises To Extremely Oppressive Levels

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This new economic downturn is starting to bite, and we are starting to see signs of severe pain all over the world. In fact, unless you are independently wealthy, you are likely feeling pain too. In the USA, the cost of living has risen to extreme oppressive levels, and this has occurred at a time when close to two-thirds of the…
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Censored news - Economics

Moody’s chief economist warns “certain elements are going to start to break” across the financial system

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The problems that currently plague banks and the financial system at large will continue for at least another year to a year and a half, warned Moody’s Analytics Chief Economic Mark Zandi, adding that “certain elements are going to start to wobble and break” in the coming period. Banks are so overleveraged and in the red for their…
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