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Category world economy

Nobel Prize Winner Robert Shiller Warns Confiscating $300B in Russian Assets Might Cause a ‘Cataclysm’ for the Dollar System

Nobel Prize Winner Robert Shiller Warns Confiscating $300B in Russian Assets Might Cause a ‘Cataclysm’ for the Dollar System

Nobel Prize winning economist Robert Shiller has warned against the effects that the confiscation of Russian assets in Western countries might have...
India Poised to Leapfrog Major Economies, Becoming World’s Second-Largest by 2075, Goldman Sachs Report Predicts

India Poised to Leapfrog Major Economies, Becoming World’s Second-Largest by 2075, Goldman Sachs Report Predicts

In a recent report, Goldman Sachs Research details that India is set to outpace Japan, Germany, and the U.S. to become the world’s second-largest e...
De-dollarization Has Already Started, Says Russia’s Foreign Minister Lavrov

De-dollarization Has Already Started, Says Russia’s Foreign Minister Lavrov

The process of de-dollarization has practically started, according to Russian Minister of Foreign Affairs Sergey Lavrov. Moscow’s top diplomat is c...
Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says

Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says

Within the next decade, the U.S. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist li...