Australia is facing potential repercussions due to its significant financial connections with China, as the latter's escalating economic challenges threaten its trade allies. China's economic expansion has experienced a notable deceleration, accompanied by a decline in foreign investment. Concurrently, the…
Binance has recently implemented the removal of several Russian banks that have been subjected to sanctions from its peer-to-peer (P2P) trading service. The news outlet referenced a statement attributed to Binance, wherein it was expressed: Our systems undergo regular updates…
Payment processors are pivotal in the contemporary financial landscape, facilitating secure and reliable transactions between enterprises and clientele globally. Like various other financial services, payment processors are susceptible to the illicit activity of money laundering (ML), which has caught the…
According to the recently published 2023 Global Wealth Report by Credit Suisse and UBS, it is projected that global wealth will experience a significant surge, reaching a staggering $629 trillion by 2027. This anticipated growth represents a substantial 38% increase…
With the notable growth in defense expenditures, the alignment of China, and the utilization of obscure agreements to address the voids created by sanctions, the Kremlin believes it can endure the repercussions of a weakened rouble. However, a pertinent question…
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Peter Bergman (MoneyAmped.com)