Russia’s de-dollarization effort is full steam ahead, in line with President Putin’s commitment to reduce the country’s vulnerability to the continuing threat of US sanctions. Crossing the wires early Wednesday morning, Russian Deputy Finance Minister Vladimir Kolychev was quoted by Reuters as saying the Russian sovereign wealth fund will reduce US Dollars and is considering…

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The equity-ification of the bond market has been closely followed by Bloomberg News and other financial journalists. Unfortunately for the big banks, it’s a trend that has largely been led by fintech firms like TradeWeb and Bloomberg. Many corporate bonds from investment grade to deep in the speculative territory can be found trading on-the-run on…

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Greed and a desire for riches are traps that bring ruin and destruction. “The love of money is a root of all kinds of evil,” and Christians are warned, “Do not put your trust in wealth” (see 1 Timothy 6:9-10, 17-18). Covetousness, or having an excessive or greedy desire for more, is idolatry. Ephesians 5:5 says, “For of this…

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The public has lost faith in our institutions and political bodies after having been so obviously, comprehensively and repeatedly lied to over the years. Key to understanding spiritual deception is the fact that we often choose what we want to believe rather than what we should believe, even in the face of the evidence (Luke 16:31). “Even after Jesus…

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