Venezuela: Russian Jet Arrives to Withdraw 20 Tons of Gold From Country’s Holdings

Venezuela Russian Jet Arrives to Withdraw 20 Tons of Gold From Country’s Holdings

A Venezuelan former central bank economist and lawmaker has reported that a Russian-registered jet arrived in the country to take 20 tons of gold to an unknown destination. How does Venezuela continue to exist each day? The country with the largest oil reserves in the world cannot afford to feed its citizens. From the outside … Continue reading Venezuela: Russian Jet Arrives to Withdraw 20 Tons of Gold From Country’s Holdings

Iran Aims to Avoid US Dollar by Pitching “Crypto Rial” to 8 Countries

Iran Aims to Avoid US Dollar by Pitching “Crypto Rial” to 8 Countries

Based on a report by the Tehran Times, Iran is in talks with eight countries to use its state-backed cryptocurrency for transactions. The sanction-hit nation located in the Middle East met with counterparts from Germany, England, Austria, Bosnia, France, South Africa, Russia, and Switzerland. Iran’s goal is to convince foreign investors that the country’s cryptocurrency … Continue reading Iran Aims to Avoid US Dollar by Pitching “Crypto Rial” to 8 Countries

Dow Jones Rebound Doesn’t Comfort Investors Due to US Debt

Dow Jones Rebound Doesn’t Comfort Investors Due to US Debt

Any type of debt you can think of has reached all all-time high in the United States since early 2018. Debt in the US is now in the trillions of dollars, which should make investors and Americans alike wary of the rebound seen with the Dow Jones Industrial Average. Dow Jones Recovery isn’t Trustworthy Many … Continue reading Dow Jones Rebound Doesn’t Comfort Investors Due to US Debt

China Starts “Debt Shaming” – New App Reveals People With Debt Around You

China Starts "Debt Shaming" - New App Reveals People With Debt Around You

WeChat, one of the most used apps in China, launches a new feature that will target people in debt. China releases a new application Debtors in North China’s Hebei province will find it a lot more difficult to keep their debt personal, according to China Daily. WeChat released a mini-program called: "a map of deadbeat … Continue reading China Starts “Debt Shaming” – New App Reveals People With Debt Around You