As the 89th Banking Convention wraps up in Cancún today, Mexican President Claudia Sheinbaum and former Canadian Prime Minister Justin Trudeau share the stage with Visa, Mastercard, BlackRock, and the BIS—amid a focus on ending cash that ties perfectly into Mexico’s ongoing biometric ID rollout. On Wednesday, the 89th Banking Convention began in Cancún, Mexico, Read More…
Tag: BIS
Saudi Arabia: The Petro Dollar, China, and CBDC’s
Recent viral reports claim the United States and Saudi Arabia have ended their long-standing petrodollar agreement. Are these claims based in fact? And what do recent agreements between the Saudi Kingdom and China mean for the U.S. dollar? On June 9th, 2024, a 50-year old agreement between the United States government and the Saudi kingdom Read More…


