Stablecoins — once hailed as the future of digital finance — have come under fire from the world’s top central banks. In a pointed chapter of its annual economic report, the Bank for International Settlements (BIS) concluded that stablecoins “perform poorly” as money and fail to meet basic standards of reliability, flexibility, and integrity. Failing […]
Tensions in the Middle East are rising again. As Iran faces potential retaliation following U.S. air strikes, military experts and diplomats are revisiting a dangerous historical precedent: the 1980s “tanker war.” At stake is the Strait of Hormuz — a narrow waterway vital to global energy markets. Strategic Importance of the Strait of Hormuz Roughly […]
Mounting Concerns Over U.S. Stability Spark Debate in Europe Germany and Italy are under growing pressure to bring home their gold reserves currently held in the United States, amid geopolitical instability and concerns over President Donald Trump’s influence on the Federal Reserve. The Gold at Stake According to the World Gold Council, Germany and Italy […]
Senate parliamentarian strikes down deregulatory proposals in tax and spending bill A Setback for Republican Deregulation The US Senate’s nonpartisan parliamentarian has ruled that a Republican proposal to eliminate the Public Company Accounting Oversight Board (PCAOB) — the national audit watchdog — cannot proceed as part of the party’s sweeping tax and spending bill. The […]
With foreign-supplied drones and entrenched gold networks fueling the violence, hopes for resolution remain slim A Shifting Battlefield The civil war in Sudan has entered a perilous new phase in 2025, as the Sudanese Armed Forces (SAF) — bolstered by Islamist militias and newly acquired Turkish drones — recaptured key territories and retook the capital, […]
25 years after their debut, ETFs offer unmatched access — but come with critical choices for investors A Personal Look Back at a Market Revolution In a candid reflection on the 25th anniversary of Europe’s first exchange-traded funds (ETFs), investment expert David Stevenson — long-time FT columnist and author of a 2009 book on ETFs […]
