gold

Global South: Gold-backed currencies to replace the US dollar

Global South: Gold-backed currencies to replace the US dollar
Photo Credit: The Cradle
20.01.2023

First: One of the key take aways from the World Economic Forum annual shindig in Davos, Switzerland is when Saudi Finance Minister Mohammed al-Jadaan, on a panel on “Saudi Arabia’s Transformation,” made it clear that Riyadh “will consider trading in currencies other than the US dollar.”

Oil, Gold, Stock market prices rises

3. January 2017 - 12:30

Global markets marched confidently into 2017 on Tuesday, with Asian stocks extending gains after European shares surged to their highest in a year and the dollar resuming its climb after last week’