Libya’s fragile economy is facing renewed turmoil as the Central Bank of Libya launches an emergency recall of 50 and 20 dinar banknotes after uncovering a massive wave of counterfeit currency in circulation. Authorities say the fake banknotes many allegedly printed in Russia under a rival administration during the country’s political divide have triggered a […]
Buenos Aires, Argentina — President Javier Milei’s libertarian movement scored a decisive victory in Argentina’s high stakes midterm elections, solidifying support for his ambitious free-market economic reforms less than a year after taking office. According to early official results, Milei’s party, La Libertad Avanza (Freedom Advances), won 41.5% of the vote in Buenos Aires province, […]
Families are getting slammed with skyrocketing energy costs that are directly targeting their wallets. The surge in electricity bills and volatile gas prices is a clear indication that the system is stacked against the average person. But let’s get real – this isn’t just about inflation or market forces; it’s a deliberate attempt by global […]
Governments globally are actively working to dismantle the core principles of personal freedom and financial independence, and their latest move is unfolding in Australia. Australian policymakers are currently proposing a “spare bedroom tax”, allegedly aimed at increasing the availability of housing. However, this policy is not only flawed economically, but it also constitutes a brazen […]
President Trump has urged Federal Reserve Chairman Jerome Powell to resign immediately or risk being removed for allegedly lying to Congress. The reason behind this call? A $2.5 billion renovation of the Fed’s headquarters, designed to resemble a modern-day Versailles, which was kept hidden from the public, funded by taxpayers, and denied under oath by […]
The Federal Reserve held interest rates steady but said the risks of higher inflation and unemployment had risen, further clouding the economic outlook as the U.S. central bank grapples with the impact of Trump administration tariff policies. The economy overall has “continued to expand at a solid pace,” the Fed said in a policy statement, […]
The Bank of England (BoE) lowered its benchmark interest rate by 25 basis points to 4.25% on Thursday, aligning with market expectations amid rising concerns over the economic impact of new U.S. tariffs. The move is the BoE’s first rate cut in over a year and signals the beginning of a potential easing cycle to […]
President Donald Trump stated during a White House news conference on Tuesday that tariffs on Chinese imports “will come down substantially, but it won’t be zero,” signaling a potential shift in trade policy amid ongoing economic and political pressure. Trump’s comments came hours after U.S. Treasury Secretary Scott Bessent called current tariff levels “unsustainable” and […]