The United States is facing what is shaping up to be a perfect storm of economic bad news, with higher than normal energy prices and inflation compounded by a spiraling debt crisis and fears of economic turmoil amid high stakes debt limit talks. Meanwhile, BRICS nations are brainstorming a way to de-dollarize the international trade order.
Emerging market investors are slowly but steadily moving away from dollar-denominated debt and assets, instead preferring to park their hard-earned money into local currency bonds, an analysis by fund flow and asset allocation data provider EPFR Global has revealed.
According to the company’s figures, investors pulled out a net $2.65 billion out of primarily dollar-denominated assets between January and April of 2023, but added a net $5.23 billion into local currency bond funds.
Market analysts attribute the switch to attractive yields and falling inflation on local bond markets, and an increasingly unattractive dollar amid uncertainty surrounding interest rate-related volatility. The latter put a major dent in US Treasuries’ attractiveness to investors, and culminated in the collapse of Silicon Valley Bank in March, and panic among investors.
Fidelity International emerging markets debt portfolio manager Paul Greer expects the trend of weakened demand for dollar-denominated debt and assets to continue for the rest of the year. ABP Invest chief investment officer Thanos Papasavvas says there has been a “clear divergence between emerging market local and hard currency bonds [typically dollars and other major Western currencies, ed.] over the past few quarters with local currency debt looking more attractive on a fundamental and valuation basis.”
The trend of a cautious move away from the dollar, which continues to hold the coveted status of the world’s de facto reserve currency in trade, comes amid the growing risk of the US defaulting on its massive $31.8 trillion debt amid bickering between the White House and Republicans in Congress on federal spending and the debt limit.....More Below
Gaza authorities have accused Israel of systematically stealing organs from Palestinian bodies, a disturbing act that underscores the regime’s ongoing brutality.
With the international community turning a blind eye, officials warn that such atrocities will continue as long as Israel remains immune to accountability for its war crimes.....more below
UG Solutions, a leading US military subcontractor that previously provided security for the Gaza Humanitarian Foundation (GHF) and helped run Gaza’s deadly aid distribution system, is aggressively recruiting for a new round of deployments to the blockaded Palestinian territory, a media report says.
A former army officer who recently applied for a position told Drop Site that a UG Solutions official openly described plans for more than a dozen new aid sites in Gaza.
The officer further emphasized that the company was “going to need a lot more guys.”
Applicants are reportedly being told deployments could begin by December, with salaries of up to $1,000 per day plus per diem.
One recruit described interviews focused on weapons tests, “rules of escalation,” and questions about whether he would obey superiors regardless of past military rank. After multiple rounds of vetting, he was abruptly rejected......more below
https://www.presstv.ir/Detail/2025/11/20/759192/US--GHF-Gaza-Israel-
Foreign Minister Abbas Araghchi says Iran now considers the Cairo understanding with the International Atomic Energy Agency (IAEA) terminated, following the passage of an anti-Iran resolution at the agency’s Board of Governors.
The Board on Thursday narrowly approved the resolution drafted by the European Troika - France, Germany and the UK - and the United States—passing 19–3 with 12 abstentions—that urges Tehran to “without delay” report on its enriched uranium stockpile and facilities damaged in the June aggression by Israel and the US, while omitting any mention of Iran’s longstanding cooperation with the agency.
Araghchi condemned the move, calling the resolution “illegal and unjustified.” He said the measure was adopted “under pressure from these four countries” despite opposition or abstentions from 15 board members.
Araghchi said the action undermined the IAEA’s “credibility and independence” and would disrupt the agency’s cooperation with ...
