Polling in Ecuador closed with President Daniel Noboa poised for re-election, leading with nearly 50% in early counts—just enough to potentially bypass a runoff. Challenger Luisa Gonzalez trails at 38%. With only 40,000 votes tallied and millions cast, final results are pending in the country’s most critical election in decades.
China increases gold purchases to reduce reliance on US dollar assets
News Desk
China’s central bank increased its gold reserves by 23 tonnes in September, the largest monthly acquisition since October 2023, bringing total holdings to approximately 2,410
Zimbabwe’s ZiG seeks to gain trust and reduce reliance on the US dollar
News Desk
Zimbabwe’s government is actively promoting the ZiG currency to reduce reliance on the US dollar, despite widespread scepticism stemming from past currency crises. The Reserve