20時間前
Indian rupee slides from 85.64 to 89.6 per dollar in 2025 as tariffs, outflows and RBI action shape outlook
In 2025, the Indian rupee has turned into Asia's weakest-performing currency as it dropped from 85.64 to 89.6 against the U.S. dollar, with some forecasts pointing to 92 by the end of March. Heavy foreign portfolio outflows, high U.S.-bound tariffs and uncertainty over a trade agreement with Washington have pressured the currency, even as the central bank has reportedly intervened to slow the decline. Analysts argue the rupee looks undervalued and see potential benefits for exports, but warn that prolonged weakness, policy uncertainty and investor caution could keep it under strain.
20時間前
1日前
Kiyosaki, December 17: rate cuts risk hyperinflation; cites $3,600 credit card debt
On December 17, Robert Kiyosaki warned on the Rich Dad YouTube channel that further interest rate cuts could push the U.S. toward hyperinflation, drawing comparisons to Weimar Germany. He cited rising consumer debt, including a typical $3,600 credit card balance at about 22% interest, and argued asset holders in gold, silver, Bitcoin, real estate, or cattle would fare better than wage earners.
BTC
BTC-2.49%
1日前
1日前
US auto loan delinquencies and repossessions hit records in 2025 as $1.66 trillion debt weighs on borrowers
In 2025, U.S. auto loan delinquencies climbed to record levels, as borrowers struggled under $1.66 trillion in outstanding car debt and repossessions reached their highest point since the 2008 Great Recession. Although Federal Reserve rate cuts in September and October lowered average refinance rates from 8.35% in January to 7.62% in September, tighter credit standards have left many subprime borrowers unable to benefit. At the same time, the average new vehicle price rose to $48,699 in May, further pressuring households already paying historically high monthly car notes.
1日前
1日前
Ghana's Parliament Approves Virtual Asset Bill, Making Crypto Trading Legal Under Central Bank Oversight
Ghana's parliament has approved the Virtual Asset Service Providers Bill, making cryptocurrency trading legal and placing the sector under the supervision of the Bank of Ghana. Governor Johnson Asiama said the new law gives the central bank authority to license and oversee crypto asset service providers to address fraud, money laundering and systemic risks. The move follows earlier plans to introduce crypto regulation by the end of 2025 and comes as Ghana ranks among the top Sub-Saharan African crypto markets by value received.
1日前