India just unveiled its BRICS 2026 chairship with a bold new agenda: a CBDC bridge connecting central bank digital currencies across BRICS nations. This paym…

The net result: not only a slap for the US Dollar, but implicitly for all fiat intermediaries, as Iran and China are about to prove that when it comes to exchanging hard resources for critical Chinese goods and services, the world’s so called reserve currency is completely irrelevant. The implications of this are momentous, especially for US debt, whose indomitability is only predicated upon the continued acceptance of the currency it backs as a global reserve.

There was “rampant demand” for agricultural commodities from China, and rising corn prices may drive gains in other grains, according to a report yesterday from analysts at the bank. Surging crude-oil costs, low global food stockpiles and a weakening dollar may also bolster prices, the report said…Favorable weather conditions are necessary for almost all agricultural commodity markets in 2011 to rebuild inventory levels and prevent a rally on prices back to the highs of the 2007-08 commodity boom