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Mar 22 2023

Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies

Asia brics China Chinese Yuan Economics international settlements latam Russia Swift U.S. dollar Vladimir Putin Xi Jinping
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As part of the talks that Russian president Vladimir Putin and Chinese… More…

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Feb 03 2023

Report: Egyptian Lawmakers Hail Parliament’s Endorsement of Pact to Join BRICS Bank

brics Dollar domination Economics foreign currency reserves IMF Mervat Mattar Mohamed Abdel-Hamid New Development Bank Ukraine-Russia war US Dollar
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Egyptian lawmakers recently hailed the parliament’s endorsement… More…

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Jan 26 2023

Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit

Anatoly Aksakov brics China cross border cross-border payments Elvira Nabiullina Finance gold gold-backed stablecoin Iran Russia Sanctions Stablecoin Ukraine War
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Russia may issue a stablecoin backed by gold to use in international… More…

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Jan 25 2023

Latam Common Currency to Focus on Settlements Among Mercosur and BRICS Countries

alberto fernandez Argentina Brazil brics common currency dependence Economics Fernando Haddad latam luis inacio lula da silva mercosur Sergio Massa Settlements U.S. dollar
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President of Brazil Luis Inacio Lula Da Silva clarified the scope … More…

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Jan 25 2023

Elon Musk Praises Reports on Latam Common Digital Currency: ‘Probably a Good Idea’

Argentina Brazil brics common currency Elon Musk latam News robert kiyosaki Sergio Massa Tesla U.S. dollar
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Elon Musk, CEO of Twitter, SpaceX, and Tesla, has given his opinion… More…

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Jan 24 2023

Casting Stones From a Glass House: Yellen’s Comments on Zambia’s Debt Restructuring Draw Criticism From Chinese Embassy

brics CCP China China Yellen Chinese Communist Party Chinese embassy communication issues Criticism debt Debt Restructuring Default diplomatic exchange domestic debt problem economic diplomacy economic instability Economics Economy extraordinary measures Financial Crisis Foreign Policy global financial system Global Times hypocrisy international finance international relations Janet Yellen monetary policies Nancy Pelosi politics Situmbeko Musokotwane sovereign debt Taiwan Treasury Secretary US US Dollar Yellen China Zambia
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The Chinese embassy in Zambia denounced the United States over its… More…

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Jan 19 2023

Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization

alternative currencies Bloomberg TV Brazil brics China crown prince Mohammed bin Salman Currency Currency diversification currency substitution Davos. de-dollarization decoupling dollar substitution Economics Finance Minister Gulf monarchs hegemony India Joe Biden Mohammed Al-Jadaan monetary independence monetary policy autonomy monetary system reform OIL opec petrodollar Richard Nixon Russia Saudi Arabia Saudis South Africa sovereignty strategic relationship Trade Treasury bonds US Dollar William Simon World Economic Forum Xi Jinping Yuan
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After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s… More…

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Jan 19 2023

Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization

alternative currencies Bloomberg TV Brazil brics China crown prince Mohammed bin Salman Currency Currency diversification currency substitution Davos. de-dollarization decoupling dollar substitution Economics Finance Minister Gulf monarchs hegemony India Joe Biden Mohammed Al-Jadaan monetary independence monetary policy autonomy monetary system reform OIL opec petrodollar Richard Nixon Russia Saudi Arabia Saudis South Africa sovereignty strategic relationship Trade Treasury bonds US Dollar William Simon World Economic Forum Xi Jinping Yuan
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After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s… More…

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Jan 07 2023

Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization

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During the last month, Russia’s ruble has dropped 16.48% against … More…

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