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One of Iran's most powerful families founded its largest crypto exchange. It's used by the IRGC to move millionsIran's largest cryptocurrency exchange, Nobitex, is controlled by the sons of the influential Kharrazi family, who concealed their ties for...- Oil shock: How skyrocketing prices are reshaping the global economy?Global crude oil markets are once again in turmoil, with surging prices casting a dampening shadow over economies worldwide.
- How a Banking tycoon lost ₹800 billion due to just one Insta postOleg Tinkov, founder of Tinkoff Bank, says an Instagram post criticising the war in Ukraine triggered events that led to the forced sale of...
- Trump’s tariffs may split the world into 3 rival blocs — here’s where each nation could landThe global economy might divide into three blocs. These blocs are led by the US, China, and the EU. Wells Fargo predicts a $3.8 trillion lo...
- Telegram CEO Pavel Durov's shocking revelation: He will leave his entire fortune for over 100 kids he's fatheredTelegram founder and chief executive Pavel Durov disclosed that he intends to leave his entire $13.9 billion fortune to more than 100 child...
- As Trump mulls sanctions, Russia's military economy slowsRussia's economy shows signs of fatigue after three years of growth. Heavy military spending drove initial expansion. However, the economy ...
- Is gold heading towards $6,000? Analysts weigh in on why you should be preparedJPMorgan analysts project gold prices could surge to $6,000 per ounce by 2029, driven by geopolitical instability and concerns over US fina...
- Move over Dollar, is Japanese Yen the new safe haven currency? Here's what a strategist saysDavid Roche of Quantum Strategy believes that the Japanese yen is now the new safe-haven currency, surpassing the US dollar, because of wor...
- Could Fort Knox hold the key to the next gold price explosion? Treasury dismisses revaluation of the yellow metal, but markets smell opportunityUS gold reserves could be revalued to match current market rates. This move might significantly affect gold prices. The US Treasury holds a...
- Under Putin, the uber-wealthy Russians known as 'oligarchs' are still rich but far less powerfulThe article discusses how the dynamics of power and influence have shifted among Russia's ultra-wealthy, commonly referred to as "oligarchs...
- Shadow over ties: China’s Union Pay stops cooperation with Russian banks“UnionPay’s hesitance to enter the Russian market is the latest example of large Chinese companies growing wary of doing business in Russia...
- Russia’s ultra-rich count cost of $83 billion wealth wipeoutMarket declines have been so extreme that Russia’s central bank halted local trading on Monday, meaning some of the losses are understated....
- US sanctions on Russian oligarchs miss richest of richThe raft of sanctions on oligarchs announced by President Joe Biden this week in response to the invasion of Ukraine may do little to dim t...
- Russia’s richest lose $32 billion as Ukraine crisis deepensThe country’s 23 billionaires currently have a net worth of $343 billion, according to the wealth list, down from $375 billion at year-end.
- Gold surge adds $3 billion to three family fortunesSaudi Arabia’s Mohammed Al Amoudi and Russia’s Alexander Nesis and Suleiman Kerimov have the largest exposure to gold among the world’s wea...
- Bankers in $220 billion scandal offered gold to hide client cashDanske Bank, which is being investigated after failing to screen about $220 billion that gushed through its non-resident unit in Estonia fr...
- Swiss bank behind US discovery picks China over EuropeAsia represents “a significant investment opportunity, “ Theodore Economou, chief investment officer at Lombard's multi-asset business, sai...
- Billionaires hunting for deals amid economic slowdownBillionaires like Mexico's Carlos Slim Helu and US investor George Soros are looking for investment opportunities.
- Putin may use credit squeeze as a tool to ‘destroy’ oligarchsVladimir Putin came to power in 2000 vowing to destroy Russia’s oligarchs ‘as a class’. Within two years, he’d driven two into exile and im...
- Russia's top investment bank eyes global expansionRussia's biggest investment bank said it would take advantage of global financial turmoil to expand internationally after unveiling a partn...
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