Inflation, once mainly a concern for emerging markets, has become a global issue post-COVID-19. With traditional safe-haven assets like gold and real estate facing challenges, Bitcoin is often viewed as a potential inflation hedge due to its fixed supply. However, its effectiveness varies by location. In countries like Argentina and Turkey, where inflation is rampant, ...
Tigran Gambaryan, a former IRS special agent and cryptocurrency expert, faced a harrowing detention in Nigeria while on a business trip for Binance. Accused of economic crimes amid a national crisis, Gambaryan’s plea for help in a viral video highlighted the dire situation. His unexpected seven-month ordeal included poor conditions and a severe health decline ...
Recent reports about Babak Zanjani, Iran’s once-richest man known for his corruption, suggest he might be planning new economic ventures from prison. Although officially incarcerated, Zanjani’s name has been linked to projects in cryptocurrency, aviation, and oil transport, stirring public curiosity. One rumor mentions his involvement in a cryptocurrency bank called Bit Bank, with signs ...
Robert Kiyosaki, the author of “Rich Dad Poor Dad,” warns that the financial system is in serious trouble due to inflation and currency devaluation in the U.S. He tells his 2.6 million followers that American savings are losing value because the government can print money at will. Kiyosaki describes the dollar as “fake money” and ...
Argentina's central bank has lowered its benchmark interest rate for the first time in nearly six months. This move comes as President Javier Milei manages a slowdown in inflation in the country’s crisis-prone economy.
Brazil’s real has faced extended losses after Finance Minister Fernando Haddad declined to confirm details on potential government spending cuts. He expressed uncertainty about the figures reported by local newspapers, stating he didn't know their origin.
