Iran has suggested isolating the US by ditching the dollar during a meeting yesterday with Russian President Vladimir Putin in Tehran.
Remonstrating against US threats to impose new sanctions and cancel the nuclear agreement, Ayatollah Ali Khamenei branded the US an enemy and urged Moscow to completely sever ties with the US currency:
"Across all regions, relative child poverty is projected to increase markedly," according to new research from the Institute for Fiscal Studies.
The thinktank predicts an increase of more than a million in the number of children living in poverty, more than reversing all the progress made over the past 20 years.
Authored by Valentin Katasonov via The Strategic Culture Foundation,
Investors must always be comfortable with the idea that the market bears risk.
Sometimes this risk flies under the radar and isn’t as pronounced as it probably should be. However, as Visual Capitalists's Jeff Desjardins notes, in other cases, the topic of risk can catapult to the forefront of discussion. There can be specific events or signals unfolding that give investors the jitters – and during these times, investors will make adjustments to their portfolios to avoid getting caught off guard.
HOW BILLIONAIRES ARE HEDGING
We know... there are several candidates to choose from. For example…
It might be Anbang - the acquisitive insurance behemoth – see “Anbang Just Became A ‘Systemic Risk’: Revenues Crash As Its Chairman Is “Detained”
It might be China Evergrande – the developer of “ghost” properties and described by J Capital’s, Anne Stevenson-Yang as “the biggest pyramid scheme the world has yet seen” – see “Stevenson-Yang Warns ‘China Is About To Hit A Wall”.