Economy News

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BRICS: Upcoming Summit Could Trigger Global Shift Away from US Dollar

In just the first few months of 2025, rising global tensions have placed the spotlight on the growing divide between the United States and the BRICS alliance, with recent expansions.

04.05.2025 19:00 2 min. read Alexander Stefanov

Warren Buffett Blasts Tariffs, Warns U.S. Risks Global Isolation

At Berkshire Hathaway’s annual shareholder meeting, Warren Buffett didn’t hold back when discussing the impact of U.S. trade policy.

04.05.2025 18:00 2 min. read Alexander Stefanov

U.S Economy: Surprise GDP Drop Sparks Recession Fears as Inflation Stays Hot

The U.S. economy stumbled at the start of 2025, logging a 0.3% annualized decline in GDP—marking a sharp contrast to late 2024’s growth.

30.04.2025 16:49 1 min. read Alexander Stefanov

BRICS: China Accelerates Yuan Adoption to Undermine Dollar in Global Trade

China is accelerating its push to make the yuan a dominant player in international trade, using global tensions and U.S.-led tariffs as a springboard to challenge the dollar’s longstanding dominance.

30.04.2025 16:00 1 min. read Alexander Stefanov

Federal Reserve Flags Growing Risks to U.S. Economy in New Stability Report

The Federal Reserve’s newest Financial Stability Report paints a more anxious picture of the U.S. economy, highlighting rising global trade tensions, growing policy uncertainty, and worries over the nation’s debt levels as key threats to financial stability.

27.04.2025 16:11 1 min. read Alexander Stefanov

Europe Divided Over Crypto Threat as Trump Policies Raise Concerns

European financial authorities are currently divided over how much of a threat Donald Trump’s crypto-friendly stance poses to the Eurozone.

23.04.2025 11:00 2 min. read Alexander Stefanov

China’s Push for Yuan in BRICS Trade Faces Global Resistance

Since 2022, China has been actively promoting the yuan as a go-to currency for trade among BRICS nations, capitalizing on geopolitical rifts—particularly after Western sanctions hit Russia.

21.04.2025 9:00 1 min. read Alexander Stefanov