Bitcoin

Powell’s Fed Policy Criticized: Experts Claim ‘Phony Economy’ and ‘Credibility Destruction’ Post Rate Decision

The Federal Reserve’s most recent session of the Federal Open Market Committee (FOMC) wrapped up, leaving interest rates as they were. The market, expecting rate reductions in 2024 and influenced by Fed Chair Jerome Powell’s dovish stance, reacted positively. This uplift was evident in the rise of U.S. stocks, the crypto economy, and precious metals […]
Cryptocurrency

Milei’s Argentina reverses course on BRICS, signaling shift toward stronger US relations

Argentina will not join the BRICS emerging economies bloc as planned next year, a senior official on President-elect Javier Milei’s transition team announced Thursday. Incoming Foreign Minister Diana Mondino stated on X: “No ingresaremos a los BRICS (we will not join BRICS).” Mondino had previously downplayed BRICS’ trade benefits, given Argentina’s existing partnerships with members […]
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