The Dutch central bank (DNB) has confirmed that billions of dollars in gold has been taken out of North America and relocated to London, citing “increasing geopolitical unrest.” DNB said that 86 tons of gold had been removed from the US and Canada in a complex operation that took several months. It is now being held by the Bank of England, where the precious metal can be traded more easily “in a crisis situation.” DNB did not confirm what it was referring to with its mention

“In God We Trust.” It is a well-known slogan that has become an accepted colloquialism almost everywhere, both in America and in other nations. On the other hand, it is also true that it is generally frowned upon to post this statement in public places or promote it in government-run schools. Yet, it is stamped on perhaps billions of US coins. Few people seem to mind. In fact, even atheists rarely object that the slogan, “In God We Trust” might touch their palms frequently. W

Deputy Prime Minister Alexander Novak said the Russian economy had successfully absorbed the sanctions shock while undergoing a major change in the sources of GDP growth. Net exports, once a much more important contributor, now account for almost three times less of the growth structure. Domestic demand has taken their place as one of the economy’s principal engines. The transformation has also strengthened Russia’s position in global economic rankings. Measured by purchasing

Are Americans richer than they were 50 years ago? The answer can be complicated, depending on where you are in your life experience. According to a report by the Tulsa, Oklahoma-based consumer news operation ConsumerAffairs, in some ways the answer is unquestionably yes. In looking at buying power, which measures income against inflation, the report found general purchasing power had risen 73.1% between 1974 and 2024. The average individual income, adjusted for inflation to 2

Israeli exports reached an all-time high of $164 billion in 2025, setting a new national record despite war, global economic uncertainty and what the Israel Export Institute described as unprecedented hostility toward the country. One of the report’s most significant findings was that services exports exceeded $90 billion for the first time. Growth was led by the high-tech, software, research and development sectors, reinforcing Israel’s position as one of the world’s leading

The results continue to roll in … and they are shocking. Though some may think that the Global Financial Crisis (GFC) and the Covid pandemic already belong to the history books, in reality, these types of financial fallout are epochal for the world … their development a chapter in the processes leading to the “end of days.” Readers might think this a sensationalist statement. However, by the end of this article, you may want to reconsider. Global financial crises such as ment

Brazilian President Luiz Inácio Lula da Silva signed the promulgation decree formalizing the entry into force of the Mercosur-EU trade deal—ending 26 years of negotiations between the two blocs and creating the largest South-South-North free-trade zone in modern history. Coverage: 31 countries (27 EU + 4 Mercosur), 720 million inhabitants, US$22 trillion combined GDP. Brazilian Senate ratification completed in March 2026. EU Commission applies the deal provisionally despite a

The concept of a “G2”—a more exclusive version of the Group of Seven or Group of 20 forums—was introduced in 2005 by American economist C. Fred Bergsten to underscore the importance of communication between the world’s two biggest economies. There is no doubt that China and the U.S. have a significant impact on the world. But we should not forget there are more than 190 countries on our planet,” Chinese Foreign Minister Wang Yi said in response to a question from NBC News. “W

Everywhere people are chatting about AI (Artificial Intelligence). It appears to be all the rage … dominating the news media and Wall Street. Investors are scrambling to buy the stocks of companies that are offering AI-related services Since the release of ChatGPT in 2022—widely considered to be the launch point of AI—the value of America’s stock market has risen by $21 trillion. Just 10 firms—including Amazon, Broadcom, Nvidia—accounted for 55% of this rise. Investment analy

The United States is the biggest recipient of China’s lending activities globally, according to a study which tracked Beijing’s credit activities and found it is increasingly lending to higher-income countries over developing countries. The report, published by AidData, a research lab at U.S. university William & Mary, said China’s lending and grant giving totaled $2.2 trillion across 200 countries in every region of the world from 2000 to 2023. Beijing’s portfolio size is tw