Saudi Arabia Joining BRICS Would Accelerate Chinese Yuan’s Use as Trading Currency, Says Professor

Professor Ashok Swain of Uppsala University’s Department of Peace and Conflict Research says Saudi Arabia joining the BRICS economic bloc “would accelerate the bilateral trading being conducted using the yuan as the trading currency. ” How Saudi Arabia Joining BRICS Could Boost

Analysts Weigh In on BRICS Currency as Tool to Face US Dollar-Based Sanctions

Analysts have begun considering using a future BRICS currency to sidestep U.S. sanctions and the dollar’s influence in international markets. While the rise of the U.S. dollar was significant to spur an era of economic growth after World War II, la…

India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar

The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments

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

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

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

As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia, Russia has vowed to move to use the Chinese yuan as a settlement currency with countries in Asia, África, and Latam….

Vladimir Putin Says Russia Wrote Off African Countries’ Debts Totaling Over $20 Billion in 2022

African countriesdebts totaling more than $20 billion were written off in the past year, Russian President Vladimir Putin said on March 20. Putin also revealed that trade between Russia and Africa had nearly reached $18 billion by the end of

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

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…

S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy

Este Dia’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’s…

No queda clase media,''Millones serán eliminados': dos predicciones de caída del mercado, cárteles del gas, y ballenas moviendo monedas de Mt Gox: Resumen de la semana de noticias de Bitcoin.com

En esta semana’s Resumen de la semana de noticias de Bitcoin.com, Un estratega de mercado emite una grave advertencia sobre EE.UU.. economía y una gran caída del mercado que podría causar una “50 a 60 porcentaje de corte de pelo” en acciones. Más, Según se informa, el gobierno ruso…

El organismo de control financiero de Rusia investiga 400 Casos relacionados con criptomonedas, El director le dice a Putin

Rosfinmonitoring is conducting hundreds of investigations into cases involving cryptocurrencies, the head of the agency announced. Hundreds of thousands of Russians take part in crypto deals abroad, the top regulator also reported to the Russian president. Russian Authorities Initiate 20 Criminal