BRICS bid to dethrone the dollar within a decade may not materialize

BRICS’ Effort to Replace the Dollar in Ten Years Faces Challenges

Amidst the bustling corridors of global finance, Nilton David, Director of Monetary Policy at Brazil’s Central Bank, recently addressed the notion of BRICS economies crafting markets substantial enough to rival the dollar in the next decade. In a rather British understatement, David observed, “There is not a meaningful stock of BRICS-denominated assets that could offset […]

European Commission Economic Report on Georgia / JAMnews

Economic Analysis of Georgia: A Report by the European Commission

European Commission Economic Report on Georgia The European Commission’s recent report provides an insightful look into Georgia’s economic landscape. Although growth is anticipated to decelerate slightly in 2025–2026, it is still expected to hover around a healthy 5-6% JAM-news.net(https://ec.europa.eu/eurostat). This forecast is quite promising for the nation’s economic future. The highlight of 2024 was an […]

Retailers 'Need Clarity' on New China Tariff Deadline

Retailers Seek Guidance on Upcoming China Tariff Deadline

## The Uncertain Future for U.S. Retailers and Tariffs As an English gentleman might observe, the American retail world finds itself in quite a predicament. The recent 90-day tariff rollback on imports from China, courtesy of the Trump administration, offered temporary relief. However, retailers are quite uncertain about their strategies as the August 14 deadline […]