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May 01 2023

BRICS to Promote National Currencies Before Issuing Common One

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The BRICS bloc is now focused on expanding the use of the currencies… More… The post BRICS to ...

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Apr 30 2023

Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With China

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BRICS nations can lead efforts to abandon the U.S. dollar in international… More… The post Syria Urges BRICS ...

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Apr 29 2023

No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again

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Bank of Russia decided to maintain the interest rate at 7.5% amid moderate… More… The post No Rate ...

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Apr 29 2023

Argentina to Settle Chinese Imports in Yuan to Safeguard Dwindling Dollar Reserves

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The economy minister of Argentina, Sergio Massa, announced that … More… The post Argentina to Settle Chinese Imports ...

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Apr 20 2023

Dollar Dominance Fading Amid Growing China Trade, Russia Sanctions Risks, Ray Dalio Says

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Fewer nations are willing to hold the U.S. dollar as America’s share… More…

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Apr 02 2023

Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now

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On Sunday, Saudi Arabia and several major oil producers announced… More…

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Feb 01 2023

Following APT’s 400% Rise Since Late December, Aptos Drops 20% From All-Time High 

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On Jan. 26, 2023, the cryptocurrency asset aptos (APT) reached an … More…

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Jan 28 2023

Stablecoin Economy Sheds Another $3 Billion in 44 Days

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The stablecoin economy continues to deplete as more than $3 billion… 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

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After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s… More…

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Admin
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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