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In what is a major benefit to the United States economy, the United Arab Emirates (UAE) is reportedly set to invest $1.4 trillion into the US over the next 10 years. Indeed, US President Donald Trump held a key meeting with Emirati officials this week as the nation is set to “substantially increase” existing investments in the country, according to a Forbes report. The new capital is set to be used in the funding of new AI infrastructure and semiconductors that will all benefit the growth of US manufacturing. The two sides had previously discussed the decade-long investment deal, with it reportedly seeing an official agreement taking place Thursday. JUST IN: UAE to invest $1.4 trillion in the United States over the next 10 years. pic.twitter.com/ZuuGqAE5T8 — Watcher.Guru (@WatcherGuru) May 15, 2025 Also Read: Ripple Meets with UAE Officials to at Dubai Fintech Summit UAE Deepens US Investment as It Is Expected to Skyrocket Over The Next Decade Since his return to the White ...

The currency narratives are now changing with the world order shifting towards embracing a diverse financial system. This system includes the rise of local currencies giving stiff competition to the dollar, and vice versa. At the same time, the aggressive US tariff regime continues to jolt world economies, with the Chinese yuan and US dollar taking maximum hits out of the lot. What’s up with both the currencies lately? Let’s find out. Also Read: This Asset May Outlive The US Dollar: Bitwise Strategy Head CNY Dips To An All-Time Low Source: Reuters . The Chinese Yuan has dipped massively due to the recent US tariff regime. President Donald Trump has levied 34% tariffs on China, which pushed the Chinese currency to fall dramatically against the US dollar. In response to this, Beijing is “ready to fight till the end” and has levied counter-tariffs, sparking rising trade war narratives and pushing the currencies further down. The US has once again responded to the current Chines...

The G20 summit is ongoing in Brazil’s Rio and all the five BRICS countries are a part of the bloc. The world leaders are discussing trade deals and renewing policies at the summit. US President Joe Biden attended the summit but missed out on the photo op on Tuesday. However, the world leaders retook the photo op placing Biden at the center and standing next to India’s Prime Minister Narendra Modi to his left and Canada’s Justin Trudeau to his right. Also Read: Trump Advancing to Fracture & Dismantle BRICS BRICS Influence in G20 Grows Source: AP Photo The BRICS countries are having a bigger role in the G20 summit dominating the news cycle and photo ops. The show of unity was on full display making the leaders of Western countries seem like background noise. The show of unity was met with a starkly farcical smile by Biden as leaders clapped and held hands. Also Read: 4 New Countries Show Interest To Join BRICS Alliance “The BRICS countries as a whole are gaining in...

NFT Steez sits down with Web3 advocate Julie Plavnik to discuss the concepts of self-sovereignty and digital identity in Web3-based creator economies. On this week’s episode of NFT Steez , hosts Alyssa Exposito and Ray Salmond meet with Web3 content writer Julie Plavnik to discuss the importance of self-sovereignty while building a digital identity in Web3.  Plavnik referenced author Gavin Wood when describing Web3 and said that “communication” is a core tenant in the subsequent iteration of the internet. “Web3 is the communication of encrypted channels between decentralized identities,” Plavnik affirmed. According to Plavnik, the emerging concept of Web3 has placed a magnifying glass over user data and ownership, especially concerning the creator economy, which Plavnik described as a place with “no entry barriers or casting.” During the show, Plavnik explored how users are coming around to the notion that they can potentially monetize their individuality in Web3, but she questioned h...

Chances of a crypto bull market in 2023 decrease as the Fed maintains a hawkish stance and threats of a recession in the U.S. economy continue to appear. Undoubtedly, 2022 was one of the worst years for Bitcoin (BTC) buyers, primarily because the asset’s price dropped by 65%. While there were some explicit reasons for the drop, such as the LUNA-UST crash in May and the FTX implosion in November, the most important reason was the U.S. Federal Reserve policy of tapering and raising interest rates. Bitcoin’s price had dropped 50% from its peak to lows of $33,100 before the LUNA-UST crash, thanks to the Fed rate hikes. The first significant drop in Bitcoin’s price was due to growing market uncertainty around potential rate hike rumors in November 2021. By January 2022, the stock market had already started showing cracks due to the increasing pressure of imminent tapering, which also negatively impacted crypto prices. BTC/USD daily price chart. Source: TradingView Fast forward year, and th...