The latest news
Beijing Challenges Dollar Dominance with Strategic Push for Global Renminbi
Beijing, Sunday, 8 February 2026.
Beijing is explicitly maneuvering to dismantle the US dollar’s hegemony, confirmed by the January 2026 publication of President Xi Jinping’s strategic address. Framing the renminbi as a stable, moral alternative to a “lawless” Wall Street—highlighted by recent Western banking controversies—China is aggressively positioning its currency as the bedrock of a new global financial architecture. The strategy is already yielding tangible results: renminbi-settled trade surged 11% in 2025 to nearly $2 trillion, with nations in the Global South increasingly bypassing the dollar for debt and trade settlements. By leveraging the “polycrisis” affecting Western markets and strengthening financial ties with partners like the UK, Beijing is not just seeking participation but leadership in global finance. This pivot represents a calculated effort to insulate developing economies from Western volatility while securing China’s status as a central financial powerhouse.
latest news in economy
AI Investment Boom Diverts Critical Resources, Triggering Economy-Wide Shortages
San Francisco, Saturday, 7 February 2026.
A $700 billion AI spending spree is monopolizing essential resources, forcing data centers to deploy mobile gas turbines and triggering shortages in everything from electricians to memory chips.
latest news in companies
Nvidia Stabilizes Blackwell Chip Rollout After Overheating Setbacks
Santa Clara, Saturday, 7 February 2026.
Nvidia has mitigated thermal malfunctions in its Blackwell GPUs that previously stalled AI projects and reportedly cost Oracle $100 million. Updated hardware is now stabilizing the critical AI infrastructure supply chain.
latest news in politics
Christie Exposes Private Republican Criticism of President Trump
Los Angeles, Saturday, 7 February 2026.
On “Real Time,” Chris Christie alleged widespread GOP hypocrisy, specifically naming Senator Lindsey Graham as a colleague who praises President Trump publicly while privately calling him “nuts.”
latest news in global
Orban Escalates EU Rift by Formally Declaring Ukraine an Enemy Over Energy Policy
Budapest, Saturday, 7 February 2026.
In a sharp escalation of diplomatic rhetoric on February 7, 2026, Prime Minister Viktor Orban declared Ukraine an ‘enemy’ of Hungary. Speaking in Szombathely, Orban asserted that Kyiv’s push to cut Russian energy imports endangers Hungary’s economy, framing the upcoming April election as a critical choice between war and economic survival.
latest news in general
Falcons Expected to Release Quarterback Kirk Cousins Before March Deadline
Atlanta, Saturday, 7 February 2026.
Atlanta is set to release Cousins to bypass a $67.9 million guarantee trigger, prioritizing long-term cap flexibility over veteran stability despite Michael Penix Jr.’s ongoing injury recovery.
