Search Results for: BRICS digital currency

Nigeria-China Currency Swap: Activist Lawyer Accuses IMF and World Bank of ‘Economic Sabotage’ to Promote US Dollar, Urges Nigeria to Join BRICS

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Nigerian human rights activist and lawyer, Femi Falana, has accused the International Monetary Fund (FMI) y el Banco Mundial (WB) of sabotaging the currency swap arrangement between China and Nigeria. Falana said the Nigerian central bank and the two global financial…

Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’

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Russian Foreign Minister Sergey Lavrov has spoken on the current shift to national currencies and the de-dollarization international markets are currently experiencing. In a press conference after addressing the UN Security Council on April 25, Lavrov stated this shift could not…

BRICS De-Dollarization Push, Porcelana, and Crypto Threaten US Dollar’s Dominance: Analyst

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Fitch Solutions’ global head of country risk has named the rising adoption of cryptocurrencies, the de-dollarization efforts by the BRICS countries, and China’s rising “economic might” as key factors that erode the U.S. dollar’s dominance over time. He cautioned that China…

BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit: Reporte

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The BRICS nations are reportedly working on developing a new form of currency, which is expected to be discussed at the next BRICS leaders’ summit, according to a top Russian official. “The transition to settlements in national currencies is the first…

Experto predice un colapso económico inminente mientras las naciones BRICS se unen contra el dólar

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andy schectman, CEO de Miles Franklin Precious Metals Investments, explicó en una entrevista reciente que las cinco principales economías emergentes—Brasil, Rusia, India, Porcelana, y Sudáfrica, conocidas colectivamente como naciones BRICS, son “fusionándose contra el dólar.” Schectman cree que desde 2022, desdolarización…

Reporte: A los países BRICS se les dice que consideren contrarrestar la hegemonía global del dólar

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Los expertos chinos han llamado a los líderes de los BRICS (Brasil, Rusia, India, China y Sudáfrica) países que consideren contrarrestar el dólar, cuya hegemonía mundial se considera abusiva. Todavía, the experts concede that any attempt to diminish the dollar’s dominance…