Hong Kong's Status as an International Financial Center at Crossroads
Hong Kong lost its status as a global financial hub amidst shifting rankings and regulatory hurdles. Read the implications of China's tightening grip and cross-border capital flow uncertainties.
May 15, 2024 11:59 PM EDT
Is China's Central Bank Gold-Buying Spree a Precursor for War? Part II of II
The idea of a nation acquiring large gold reserves in preparation for military endeavors is not without historical precedent. Prior to World War I, European powers increased their gold reserves, and a century later, Russia's central bank doubled its gold holdings in the years before its invasion of Ukraine. This same strategic stockpiling of gold could be inferred from China and its pre-war positioning for a Taiwan incursion.
Is China's Central Bank Gold-Buying Spree A Precursor for War? Part I of II
Since 2009, China has more than doubled its gold reserves. In wartime, particularly in wars perpetrated in violation of international law, the resulting international sanctions can force an invader state to rely on its gold reserves. Thus if a country is preparing to go to war and incur sanctions, it will ensure it has an ample reserve of gold.
Costco's Gold Bars Part II: From Africa to the Alps to You
So where exactly does that shiny new "999.9 fine gold minted" bar from Costco come from? Under that "Essayeur Fondeur" Swiss authenticity stamp lies a long, bloody trail of death and tears.
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Embarrassing Qatar Airways Debut Flight in the U.S.
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Public comments flood in as FDA seeks the meaning of “natural” in food labels
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Dec 14, 2015 03:28 AM EST
MIT's New Amazing App Lets You Program On Any Object
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Dec 21, 2015 11:51 PM EST
Colombian central bank hints at rate hike
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Jumbo jets may be heading to extinction amid changes in regulations, business dynamics
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Dec 13, 2015 10:11 PM EST
Prismatic will shut down its news app for iOS, Android and Web
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Chinese family businesses should learn from Vatican financial discrepancies
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Canada to Legalize Marijuana
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Dec 16, 2015 05:24 AM EST
Yahoo! Mail now allows Gmail accounts access
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