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86% of Stablecoin Issuer Tether Was Controlled by 4 People as of 2018: WSJ

Ray Dalio warns ‘money as we know it is in jeopardy’ and favors an inflation-linked cryptocurrency over bitcoin

Opinion: Warning issued for petrodollar

U.S. corporate default rate to rise in 2023: Moody’s

 

China doesn’t need to sell a single car in the US to dominate the American electric car market

Moody’s Is Working on Scoring System for Crypto Stablecoins

Russian FM says BRICS group to consider common currency

Opinion: Contesting the hegemony of the dollar

Sanctions-Proof Yuan to Putin’s Rescue After Oil Cap Hits Budget

Number of UK Firms Facing Collapse Jumps by Over a Third

Silvergate had close ties to Sam Bankman-Fried’s FTX and Alameda. The crypto bank was also reportedly a favorite of other troubled clients including an Australian Ponzi criminal

Gas and mining boom to transform Argentina’s economy, minister says

Yamana’s Peter Marrone says gold miners will keep merging and tin is the next big thing

Binance Acknowledges Storing User Funds with Collateral in Error

Saudi Central Bank continues to test its digital currency

Saudi Arabia’s Game for Success as an Emerging Power

Japan PM says country on the brink over falling birth rate

Brazil’s President suggests creating common currencies for BRICS, MERCOSUR

More nations plan to ditch U.S. dollar

Tether Overpowers Visa and Mastercard Concerning Settlement Volume

East Africa pushing to have single currency by 2027

CBDCs set to disrupt dollar dominance

Saudi Arabia can ‘bridge the gap’ between the U.S. and China, finance minister says

China Evergrande’s auditor quits on disagreement around 2021 audit-related matters

Central-Bank Digital Currencies Are Coming—Whether Countries Are Ready or Not

Zimbabwe’s Gold Coins Sell Above $2,000 Each For The First Time

Japanese yields top policy cap for 2nd day, defying massive BOJ buying

Nevada lithium mine gets conditional $700M government loan

Global Debt Racing to 366% of Output Risks Next Crisis, S&P Warns

A stablecoin collapse could spill into the U.S. bond market and economy, professor warns

Janet Yellen warns of ‘extraordinary measures’ as U.S. on track to hit debt ceiling next week

LME Data-Entry Error Showed Copper Down 77% in Latest Glitch

China’s trade surplus swells to $877.6B as exports grow

Barrick Open to Mining Ventures with Saudi Arabia, CEO Says

Exclusive: UK watchdog blocks LME plan to restart Asian hours nickel trade-sources

China Includes Digital Yuan in Cash Circulation Data for First Time

Sweden’s central bank to report $7.7 bln loss for 2022

Saudi Arabia Sets Up New Firm to Invest in Global Mining Assets

Tens of thousands of Canadians could default on mortgages due to rising rates, bank CEOs say

Chinese developers facing $141 billion in maturing bonds this year

Binance Acknowledges Past Flaws in Maintaining Stablecoin Backing

Canada’s Office Vacancies Hit a Record as Space Floods Market

BRICS undermine dollar hegemony with gold purchases

Bank of England criticises UK banks’ risk management systems

China Readies for Reopening With Huge Quota for Crude Imports

Swiss National Bank posts record $143 billion loss in 2022

China Extends Gold Buying With Fresh Flows to Central Bank

Gold Giant JPMorgan May Move Into Precious Metals Clearing in Zurich

China Readies for Reopening With Huge Quota for Crude Imports

World food prices hit record high in 2022

BRICS Should Admit More Members, South Africa’s Ruling Party Says

China Weighs Steps to Shore Up ‘Too-Big-to-Fail’ Developers

Ex-CFO pleads guilty to stealing from SPACs to trade meme stocks, cryptocurrencies

Taxpayers in the UK to pay £167bn for QE

Third of world economy to hit recession in 2023, IMF head warns

Shop closures in UK hit highest total for five years

Majority of Japan’s food, household goods makers plan 2023 price hike

LME Ends Chaotic Year With Metal Stockpiles at 25-Year Low

Pension funds must take ‘extreme care’ with liquidity risks, says OECD

Stock and bond markets shed more than $30tn in ‘brutal’ 2022

Gold buyers binge on biggest volumes for 55 years – Barrick CEO

‘Silent killer’ liquidity crisis will stalk global financial system in 2023 

Evergrande Misses Overhaul Proposal Deadline Amid Creditor Talks

China to Extend the Onshore Yuan’s Trading Hours in Global Push

Turkey’s Central Bank Says Shift from Dollars to Liras Is Top Objective for 2023

Permitted share of China’s yuan in Russian wealth fund doubled to 60% -finmin

Central banks buy gold at fastest pace in 55 years

Credit Cracks Widen With Distressed Debt Ballooning

Russia Set to Export Large Amounts of Diesel Before EU Sanctions

Joe Biden’s green subsidies may backfire, warns EU commissioner

Bank of Japan buys record amount of bonds to defend governor’s new target

Opinion: Why do the rich get richer — even during global crises?

East-West battleground will shift from fossil fuels to metals

Bankman-Fried, FTX execs received billions in hidden loans, ex-Alameda CEO says

Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal

Russia Threatens to Cut Oil Output in Response to Western Sanctions

Tether transparency: A lesson in lying

China Buys a Record Amount of Russian LNG as Oil And Coal Purchases Also Surge

Suddenly Everyone Is Hunting for Alternatives to the US Dollar

Bank of Japan shock raises 2023 global liquidity risks

Germany Returns to Coal as Energy Security Trumps Climate Goals

A global drug cartel used Binance to launder millions

Next Financial Crisis Will Be From Crypto if It’s Not Banned: Indian Central Bank Governor

Aramco in Talks With Investors on $110 Billion Gas Project

BOJ fires shot across US Treasury market’s bow

US Prosecutors Look to Charge Binance, Executives on Possible Money Laundering Violations

EU could face gas shortage next year, IEA warns

World Bank chief economist calls for overhaul of government bailouts

UK has no plan to cut interest BoE pays to banks: Treasury

China to use Shanghai exchange for yuan energy deals with Gulf nations – Xi

Ex-JPMorgan Gold Trader Found Guilty of Fraud in Spoofing Trial

BlackRock says get ready for a recession unlike any other and ‘what worked in the past won’t work now’

Belgium’s National Bank to record first loss since World War Two

World’s poorest countries’ debt interest payments rise 35%, report says

Nigeria Caps ATM Cash Withdrawals at $45 Daily to Push Digital Payments

Oh Canada! Consumer debt climbs to highest level since early pandemic, up 7% since last year

World Economy Heads for One of Its Worst Years in Three Decades

US debt explosion funded by Americans, not foreign countries, posing risks to economic growth

US-led price cap on Russian crude oil could see more of it shipped to energy-hungry China

UK risks sleepwalking into food supply crisis, says farmers’ union

Opinion: Inflation won’t bail out taxpayers from the rising burden of federal debt

Bankrupt crypto lender Celsius gets the go-ahead to hand out $2.8 million in bonuses to keep employees from quitting

High Debt Levels Could Pressure Developing Countries as Global Economy Slows

ICE warns EU gas price cap could see prices rise

Germany says borrowing more money to compete with the U.S. would be a ‘threat’ to Europe

Poorest Nations’ Debt-Service Payments Surge 35% to $62 Billion

Bank of Canada Nears the End of Its Interest-Rate Hiking Cycle

Russia Considers Oil Price Floor…

JPMorgan CEO Jamie Dimon Calls Crypto Tokens ‘Pet Rocks’

Glencore Says This Time Is Different for Coming Copper Shortage

India Trade Ministry Seeks to Cut Gold Tariff to Curb Smuggling

Russia and China shift further away from dollar

‘Huge, Missing and Growing:’ $65 Trillion in Dollar Debt Sparks Concern

High Global Debt Is Making Rate Hikes Trickier, BIS’s Borio Says

FX swap debt a $80 trillion ‘blind spot’ global regulator says

Hackers linked to Chinese government stole millions in Covid benefits, Secret Service says

Opinion: A world facing multiple crises

Saudi prince seeks Mideast leadership, independence with Xi’s visit

Non-dollar trade gains pace as use of Turkish lira more than doubles

Central banks maintain their appetite for gold in October 

Germany seeks 1-year ban on energy price hikes

Asia Splurges On Record Oil Imports Ahead Of Sanctions On Russia

IMF head warns of ‘exceptional’ uncertainty as zero-Covid hits China’s economy

High debts and stagflation will bring mother of all financial crises

Opinion: The Unavoidable Crash

US Savings Rate Falls to 17-Year Low Amid Relentless Inflation

India to continue buying Russian oil, ministry source says

China is buying Russian oil at a bigger discount using yuan as price cap looms, report says… using yuan instead of dollars. 

World Bank Chief Worries Over Debt Buildup and Disorderly Defaults

Trade turnover between Russia and China grows to $129 bln in 9M 2022

France’s Emmanuel Macron says Biden agenda could ‘fragment the West’

Rising Tether Loans Add Risk to Stablecoin, Crypto World

The next financial crisis is brewing in the UK’s corporate debt market

Why central banks are stockpiling gold

Opinion: A Spotlight on Chinese Debt Bondage

China’s Swelling Nuclear Stockpile Makes It a Growing Rival to U.S., Pentagon Finds

Netherlands to close up to 3,000 farms to comply with EU rules

Codelco sees copper deficit at 8 million tonnes by 2032

China thought to be stockpiling gold to cut greenback dependence

China Seals One of the Biggest LNG Deals Ever With Qatar

Global LNG supplies are ‘sold out’ for years, top importer warns

Deutsche Bank sees U.S. leveraged loan defaults near record highs in 2024

Europe’s Energy Exchanges Warn Gas Price Cap to Backfire on EU

Silver heads for biggest deficit in decades, Silver Institute says

Deutsche Bank CEO warns of ‘danger’ of European reliance on foreign banks

The financial reset is near

Subprime Auto Bonds Hit by Skipped Payments, Falling Used-Car Values

At least a dozen countries interested in joining BRICS: Russian foreign minister

Even Central Banks Are Buying Gold for the Zombie Apocalypse

Pakistan, China sign MoU for setting up yuan clearing arrangements

India’s Massive Silver Demand Cutting World’s Warehouse Stocks

CBDCs Could Reduce FX Transaction Speeds to 10 Seconds, NY Fed Says

Bank of International Settlement will test DeFi implementation in forex CBDC markets

Federal interest payments could soon exceed military spending

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