BRICS Stands Ground: Payment System Plans Advance Despite US Warnings
Despite threats from US President-elect Donald Trump to impose 100% import duties, BRICS nations are continuing their work on a new settlement system. Russian Deputy Foreign Minister Alexander Pankin clarified that the project is not about creating a new currency, but rather developing an alternative payment mechanism. This move signifies BRICS’ determination to reduce reliance […]
BRICS Stands Ground: Payment System Plans Advance Despite US Warnings
Despite threats from US President-elect Donald Trump to impose 100% import duties, BRICS nations are continuing their work on a new settlement system. Russian Deputy Foreign Minister Alexander Pankin clarified that the project is not about creating a new currency, but rather developing an alternative payment mechanism. This move signifies BRICS’ determination to reduce reliance […]
BRICS Stands Ground: Payment System Plans Advance Despite US Warnings
Despite threats from US President-elect Donald Trump to impose 100% import duties, BRICS nations are continuing their work on a new settlement system. Russian Deputy Foreign Minister Alexander Pankin clarified that the project is not about creating a new currency, but rather developing an alternative payment mechanism. This move signifies BRICS’ determination to reduce reliance […]
BRICS Stands Ground: Payment System Plans Advance Despite US Warnings
Despite threats from US President-elect Donald Trump to impose 100% import duties, BRICS nations are continuing their work on a new settlement system. Russian Deputy Foreign Minister Alexander Pankin clarified that the project is not about creating a new currency, but rather developing an alternative payment mechanism. This move signifies BRICS’ determination to reduce reliance […]
BRICS Stands Ground: Payment System Plans Advance Despite US Warnings
Despite threats from US President-elect Donald Trump to impose 100% import duties, BRICS nations are continuing their work on a new settlement system. Russian Deputy Foreign Minister Alexander Pankin clarified that the project is not about creating a new currency, but rather developing an alternative payment mechanism. This move signifies BRICS’ determination to reduce reliance […]
BRICS Stands Ground: Payment System Plans Advance Despite US Warnings
Despite threats from US President-elect Donald Trump to impose 100% import duties, BRICS nations are continuing their work on a new settlement system. Russian Deputy Foreign Minister Alexander Pankin clarified that the project is not about creating a new currency, but rather developing an alternative payment mechanism. This move signifies BRICS’ determination to reduce reliance […]
BRICS Stands Ground: Payment System Plans Advance Despite US Warnings
Despite threats from US President-elect Donald Trump to impose 100% import duties, BRICS nations are continuing their work on a new settlement system. Russian Deputy Foreign Minister Alexander Pankin clarified that the project is not about creating a new currency, but rather developing an alternative payment mechanism. This move signifies BRICS’ determination to reduce reliance […]
US Jobs Data in Focus as Gold Prices Hover Near Record Highs
Gold prices remain stable as investors anticipate the release of the US nonfarm payrolls report, which could influence the Federal Reserve’s interest rate decisions. Strong labor data might discourage aggressive rate cuts, potentially impacting gold prices. Despite recent fluctuations, gold has seen significant gains in 2024, supported by rate cut expectations and central bank purchases.
US Jobs Data in Focus as Gold Prices Hover Near Record Highs
Gold prices remain stable as investors anticipate the release of the US nonfarm payrolls report, which could influence the Federal Reserve’s interest rate decisions. Strong labor data might discourage aggressive rate cuts, potentially impacting gold prices. Despite recent fluctuations, gold has seen significant gains in 2024, supported by rate cut expectations and central bank purchases.
US Jobs Data in Focus as Gold Prices Hover Near Record Highs
Gold prices remain stable as investors anticipate the release of the US nonfarm payrolls report, which could influence the Federal Reserve’s interest rate decisions. Strong labor data might discourage aggressive rate cuts, potentially impacting gold prices. Despite recent fluctuations, gold has seen significant gains in 2024, supported by rate cut expectations and central bank purchases.