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U.S. Banks in Succession of Failures

The recent collapse of Silicon Valley Bank sent shockwaves through the global financial landscape, akin to the impact of a heavy bomb. As news of the bank's failure spread, various theories emerged, s...

Weak Demand for Cars in Europe

Last year proved to be a challenging period for the European automotive industry, as sales saw negligible growth amidst rising inflation, greater borrowing costs, and a lackluster demand for electric ...

Is the Dollar's Hegemony Shared with the Renminbi?

In the rapidly shifting landscape of today's global economy, it is intriguing to consider the notion of the "Renminbi Dollar," which encapsulates a deeper economic rationale and intricate connections ...