June
Gold bullion has become the chief reserve asset now held by the world’s central banks, replacing U.S. treasury securities, which have been the main reserve for more than a half century, according to a new report from the European Central Bank (ECB).
Oil prices will continue to rise through July as reserves continue to deplete, Chevron CEO told a 28 May investment conference in NYC.
The buffers & shock absorbers are being steadily drawn down & the ability of the market to absorb this imbalance is drastically diminished today.
Bond markets are tanking around the world, driving up the interest rates that governments must pay to service their ever-increasing public debt loads.
The chief force driving investors out of bonds has been the energy shock rippling out of the Iran War. However, worries about the fiscal outlook for Japan and the U.K. sharpened the bond sell-off in those countries last week.
In the U.S., the national debt recently surpassed the GDP for the first time since the end of World War Two.
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Loans that British banks make to non-financial companies are the least since 1998, the Boston Consulting Group (BCG) reported.
In 2025’s third quarter, such loans totalled 59 percent of the U.K.’s GDP, the smallest proportion in 28 years. In 2008, the figure was 90 percent.
The digital asset industry is preparing for cyberattacks based out of quantum computers, according to the Financial Times.
Quantum computers take advantage of the quirks of matter at the atomic and subatomic level to process huge amounts of data at speeds far faster than today’s best supercomputers.
While still in its early days, quantum computers have been evolving rapidly and could be in commercial use as early as 2030, by some estimates.