As Ramadan Nears, Syrians Feel the Pinch of a Cash Shortage
Days before the start of Ramadan, lines of people snaked down the stairs outside a bank in Syria’s capital, Damascus, waiting for hours to withdraw the equivalent of about $15…
Why the Price of Gold Keeps Going Up
At his inauguration, President Trump said that “the golden age of America begins right now.” He was right, in one sense. The price of gold has been bursting through records…
A Strong Dollar Means Bargains for Americans Traveling Abroad
Last August, a hotel room in Europe priced at 200 euros was about $224. Today, travelers spending American dollars would pay only $208. On the rise since last autumn, the…
Nigeria Sues Binance For $81.5 Billion Over Tax Evasion And Currency Crash Allegations
Nigeria has filed an $81.5 billion lawsuit against Binance, accusing the world’s largest cryptocurrency exchange of tax evasion and causing economic damage to the country’s currency. The lawsuit, filed by…
So, You Want to Get Rid of the Penny. Do You Have a Plan for the Nickel?
President Trump recently ordered the U.S. Mint to stop producing pennies, for a simple-sounding reason. Each penny, he said, has “literally cost us more than 2 cents.” He’s right. Since…
Argentina’s Reverse Midas Touch With Currency: Why is Crypto Down Today?
Oh no, the crypto market is down and keeps dipping even after a small recovery. A series of unfortunate events, including statements and actions by Argentina President Javier Milei, have…
BRICS: A New World Currency is Shaping, and it Isn’t Bitcoin
Gold is hitting new all-time highs as BRICS countries continue to stack against the U.S. dollar. Gold will continue going up as long as countries keep printing money and running…