Australia Is Removing British Monarchy From Its Bank Notes
According to Australia’s Reserve Bank, the country is removing the British monarchy from its bank notes, and the $5 note will have a fresh design in place of the late queen’s image.
Lebanon To Devalue Currency By 90% On Feb. 1, Central Bank Chief Says
According to central bank chief Riad Salameh, Lebanon will adopt a new official exchange rate of 15,000 pounds per US dollar on February 1, which will devalue the currency by 90%.
Saudi Central Bank Tests Digital Currency
SAMA is currently researching the market preparedness, potential efficiency, and speed of applications for digital currency payment systems. Saudi Central bank is testing digital currency.
Iran And Russia Want To Issue New Stablecoin Backed By Gold
According to reports, the Central Bank of Iran and the Russian government are working together to issue a new stablecoin that is backed by gold to be used in overseas trade.
Will Global Stock Markets Crash In 2023?
The data from the Ipsos Global Advisor Predictions polls from 2019–2023 suggest that the global stock markets might crash in 2023, as the majority of the respondents from all around the world said that the likelihood of a worldwide stock market meltdown in 2023 was higher than it was lower.
Who Guaranteed Bankman-Fried’s $250 Million Bond
The news organisations, which include the AP, Bloomberg, CNBC, WSJ publisher Dow Jones, the Financial Times, Insider, and WaPo, as well as a separate request from the New York Times, have requested that the people who guaranteed Bankman-Fried’s $250 million bond to be revealed.
Saudi Arabia To Implement Non-Dollar Oil Trade Settlements
The world’s largest supplier of crude oil, Saudi Arabia, is open to negotiating non-dollar oil trade settlements, according to Mohammed Al-Jadaan, the Saudi finance minister, in an interview with Bloomberg TV on Tuesday in Davos.
Security Features Of American Dollar
The infographic below shows the security features of the American dollar and how to distinguish the real from counterfeit ones.
Suddenly Everyone Is Hunting For Alternatives To The US Dollar
The use of the US dollar by President Joe Biden to impose sanctions on Russia this year and new technical advancements all encourage countries to start undermining its hegemony and suddenly hunting for alternatives to the US dollar.
Trump Organization Found Guilty In Tax Fraud Trial
During the trial on Monday, the Trump Organization was found guilty of tax fraud, with the Manhattan DA, Alvin Bragg, saying that they passed off holiday bonuses as consulting fees.