South Africa denies it supplied ammunition
Rand plunges as US accuses South Africa of aiding Russia with weapons |
The South African currency's exchange rate versus the U.S. dollar plunged to a new all-time low of ZAR19.51:US$1 on May 12.
The rand's latest fall came a day after the U.S. ambassador to South Africa accused the country of secretly supplying weapons to Russia. Read more |
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10 Southeast Asian nations challenge dollar dominance The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to "encourage the use of local currencies for economic and financial transactions."
The group comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. |
Peter Schiff warns of crisis, criticizes misleading inflation numbers Peter Schiff, best-selling author and chief economist of Europac, has warned about the coming of a new great depression period in America.
In an interview, Schiff stated that official Consumer Price Index (CPI) numbers were designed to mislead the public and that the country was going to face a depression worse than the one it faced back in the 1930s. |
Cashtokens take center stage following bitcoin cash upgrade Following the recent Bitcoin Cash upgrade on Monday, data reveals that approximately 1,308 fungible tokens and 25,336 non-fungible tokens (NFTs) have emerged on the blockchain. Moreover, the Cashtokens token ecosystem is now accessible through the blockchain explorers 3xpl․com and salemkode․com, allowing users to explore its potential. |
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