Importers are puzzled by the switch, while the ruble surges against the dollar and euro. Russian President Vladimir Putin on Wednesday gave the country’s central bank and government one week to come up with a way to switch payments for Russian gas exports to the national currency, the ruble. The prospect raised many eyebrows among […]
In this short clip from an interview with Donna Fiducia and Doug Neuen of CowboyLogic.us, Lara Logan outlines her brutally honest perspective on why Ukraine is so important to people in power within the DC system. She explains that Ukraine is at the center of this cult of Globalists. It is the center of money-laundering […]
The greenback threatens to swallow the wealth of both countries and individuals, according to Wang Zaibang. The United States has violated the major principles of the capitalist market economy and is poised to break the global political and economic order, Wang Zaibang, a senior researcher at China’s Taihe Institute, told Russia’s RIA news agency on Thursday. […]
The greenback’s share in the global currency basket could drop. Global economies will be rethinking how safe it is to rely on the US dollar in their foreign currency holdings, the deputy head of the International Monetary Fund, Gita Gopinath, said on Tuesday. The statement comes after half of Russia’s forex holdings were effectively confiscated by […]
We are currently seeing an acceleration of the corporate consolidation of the entire global agri-food chain. The high-tech/big data conglomerates, including Amazon, Microsoft, Facebook, and Google, have joined traditional agribusiness giants, such as Corteva, Bayer, Cargill, and Syngenta, in a quest to impose their model of food and agriculture on the world. The Bill and […]
Cutting Russia off from the international banking payment system SWIFT would have a serious impact on Western economies, according to the incoming leader of Germany’s conservative Christian Democratic Union (CDU), Friedrich Merz. The politician stressed that the suspension of the system for Moscow “would basically break the back of international payment traffic,” damaging not only European-Russian trade […]
The criminal CDC rubber stamped their approval to start injecting American children between the ages of 5 and 11 with the deadly Pfizer COVID-19 shot yesterday. As we have pointed out numerous times here at Health Impact News, children this young have a near ZERO statistical chance of dying from COVID-19. Here are the current […]
In the face of vociferous anti-Chinese sentiment from many former Soviet nations in Europe, and pressure from the US on NATO allies to fall in line with Washington, China is still receiving a warm welcome around the Mediterranean. For the past year, China has been battling to keep its relationship with Europe alive in the […]
The Covid-19 treatment molnupiravir was developed using funding from the National Institutes of Health and the Department of Defense. A FIVE-DAY COURSE of molnupiravir, the new medicine being hailed as a “huge advance” in the treatment of Covid-19, costs $17.74 to produce, according to a report issued last week by drug pricing experts at the […]
Similar to tax practices followed within the US, American citizens living abroad must also report their annual income to the Internal Revenue Service, meaning expats are likely to file and pay taxes in two places. Although the agency implements measures to avoid double taxation, tax-filing requirements have still proven a hurdle for expats. Nearly one […]
The digital yuan cryptocurrency developed by China has the potential to be a gamechanger when it is rolled out fully. By ending the world’s reliance on the dollar, it will alter the geopolitical landscape forever. For several years now, China has been developing the digital yuan, the first cryptocurrency from a central bank and government […]
The United States and Eritrea are the only countries in the world to tax based on citizenship. If you’re a US citizen living outside the United States, you still have yearly IRS tax filing obligations. These tax filing obligations can be an expensive annual hassle (even if you owe no tax). They may even result […]
The ongoing US trade war with China has raised concerns about the United States deploying the ‘nuclear option’ of freezing China’s banking sector out of the global US dollar payments system, prompting the use of alternative currencies such as the euro and the yuan to settle financial transactions. The European Union’s single currency was the […]
A number of recent reports suggest that the financial risk from climate change could be much greater than previously anticipated, and that entire asset classes could come under fire as temperatures continue to rise. Trillions of dollars of market value could go up in smoke due to climate change. The damage hits the global economy […]
Ratings agency Standard & Poor’s (S&P) has downgraded engine maker Rolls-Royce’s credit rating to junk, citing the disruption caused to global air travel from the coronavirus pandemic. The British company’s rating has been lowered to “BB” from “BBB”, (below investment grade) in response to Rolls-Royce’s worsening near-term prospects as whole fleets of planes remain grounded.