As China increasingly reveals its totalitarian face, Donald Trump and Kamala Harris raise serious concerns about their ability to defend Western interests against Beijing. Are they about to capitulate to Xi Jinping and abandon Taiwan?
The excitement around Bitcoin shows no sign of waning. The flagship crypto briefly reached $59,000 following the release of the latest Consumer Price Index (CPI) data in the United States, before experiencing a downward correction.
The US public debt is reaching record levels! Raising concerns about its devastating impact on the global economy.
As the United States faces the risk of defaulting on its debt, urgent actions are needed. One of them is to raise the debt ceiling. Some politicians, particularly Republicans, would like negotiations in this regard to take into account the interests of crypto firms. But for President Biden, that's a no-go!
For some time, the BRICS countries, including Russia and China, have been working to move away from the US dollar. Recently, China formalized an agreement with Brazil to trade state to state, without using the dollar. This desire for financial independence could be realized through the adoption of a digital currency.