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BRICS De-Dollarization: Local Currency Trade Hits 67% as Dollar Share Sinks
BRICS+ nations now conduct 67% of intra-bloc trade in local currencies as the US dollar's reserve share falls to 56.3% — a 30-year low. Learn how CIPS, gold purchases, and petroyuan are reshaping global finance.
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Scientists Unveil 'Menu' to Fast-Track Fossil Fuel Phase-Out
Scientists unveil a 12-point 'menu' to fast-track the fossil fuel phase-out at the Santa Marta conference in Colombia, recommending bans on new infrastructure, subsidies, and fossil fuel ads.
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Shell Acquires ARC Resources: $13.6B Canadian Oil Deal
Shell acquires ARC Resources for $13.6B in its largest deal in a decade, adding 370K boe/d production and 2B barrels of reserves in Canada's Montney shale basin. The deal boosts Shell's production growth to 4% annually through 2030.
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King Charles State Visit: Trump Vows 'Very Safe' Security Amid Tensions
King Charles III begins a historic US state visit amid heightened security after a WHCA dinner shooting. Trump vows safety as tensions over Iran war and Epstein scandal loom.
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Europe's $2.6T Defense Buildup: Economic Fallout Analyzed
Global defense spending tops $2.6 trillion in 2026 as Europe builds up. IMF warns debt-financed surge may lower economic multipliers and crowd out green investments. Analysis of fiscal risks and trade-offs.
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$1.4 Trillion Maturity Cliff: 2026 Make-or-Break for EM Debt
23 emerging economies face $1.4 trillion in bond maturities between mid-2026 and early 2027. With pandemic-era low-rate debt rolling over into a 6.5%+ rate environment and China slashing lending, a cascade of defaults...