Tag: Gold-Backed Currency

News for Investors

The BRICS Partnership: A Beacon of Prosperity

The BRICS Partnership: A Beacon of Prosperity

September 17, 2024

eyesonmalaysia Amsterdam, Spetember 17th, 2024 – The BRICS nations—Brazil, Russia, India, China, and South Africa—have long been recognized for their dynamic economies and significant contributions to global growth. As they prepare to take their proposal for a gold-backed currency a step further at the upcoming summit, it’s essential to reflect on how this partnership generates…
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Zimbabwe’s Gold-Backed Currency and the BRICS

Zimbabwe’s Gold-Backed Currency and the BRICS

May 15, 2024

A Transformative Shift in Global Dynamics eyesonmalaysia 1. The Rise of ZiG: Zimbabwe’s Gold-Backed Currency Zimbabwe, a nation that has grappled with economic turmoil for decades, recently introduced a new gold-backed currency called ZiG (short for “Zimbabwe Gold”). This move aims to stabilize an economy that has faced crisis after crisis over the past 25…
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