RMB Clearing in Brazil
The People's Bank of China (PBOC) and the Central Bank of Brazil have signed a memorandum of cooperation on setting up renminbi clearing arrangements in Brazil
Bank of America Staged Massacre
Silicon Valley bank "flash" failure lead to a series of chain reaction! Despite the Fed's decisive rescue, the effects of the crisis continued to spread and US bank shares continued to be slaughtered.
Saudi Arabia and Iran Restore Diplomatic Relations.
A wave of rapprochement has begun in the Middle East since March 10, when Saudi Arabia and Iran announced in Beijing that they had agreed to restore diplomatic relations.