Former President Donald Trump Likens US Losing Currency War Against China to America Losing a World War

Former U.S. President Donald Trump has warned that the U.S. losing a currency war against China would be like America losing a world war. “We’ll be a second-tier country,” Trump cautioned, adding that the U.S. dollar iswhat makes us powerful

French President Emmanuel Macron States Europe Must Reduce Its Dependence on the US Dollar to Avoid Becoming ‘Vassals’

Emmanuel Macron, president of France, clarified his position on the future of Europe and its relations with China and the U.S. in the short term. Returning from his visit to Beijing, Macron believes that Europe should avoid getting caught up in

China Ready to Talk Asian Monetary Fund to Cut Dollar Dependence, Malaysia Says

An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S….

India hõlbustab rahvusvahelisi arveldusi ruupiates, et vähendada sõltuvust USA dollarist

India valitsus on teatanud, et hõlbustab rahvusvaheliste tehingute arveldamist oma rahvusvaluutat kasutades, ruupia. Osana aprillis rakendatud väliskaubanduspoliitika raamistikust 1, riik võttis selle meetme kasutusele maksete hõlbustamiseks…

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

The BRICS nations are reportedly working on developing a new form of currency, which is expected to be discussed at the next BRICS leaders’ tippkohtumisel, 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, Aafrika, and Latam….

Morgan Stanley CEO Says Inflation Has Peaked and China Has Made a Major Pivot

Morgan Stanley CEO James Gorman says two changes have happened recently thatreally matterto the economy. The executive explained that inflation has clearly peaked and China has made amajor, major pivoteconomically. Morgan Stanley’s CEO on U.S. Economy and

Jüaan langes USA dollari suhtes madalale tasemele, kuna investorid reageerivad Hiina presidendi kolmanda tähtajalise pakkumise heakskiitmisele

Hiina jüaani offshore-vahetuskurss USA suhtes. dollar langes uuele kõigi aegade madalaimale tasemele 7.33:1 just over a day after the conclusion of the Chinese Communist Party’s congress which gave President Xi Jinping the mandate to lead the

Regulator Reiterates Call for EU Ban on Proof-of-Work Mining

The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed at meeting climate change goals such as those set in the

China Censors Crypto-Themed Short Videos Shared Online

An industry organization controlled by the Chinese government has updated a list of topics users of video-sharing apps should avoid. Crypto-related content is now among the entries along with traditional taboos in China like mocking its leadership, provoking sectarianism, and showing