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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 settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called for using…

Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency

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According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national currencies. During a speech at the New Development Bank in Shanghai, Lula expressed his nightly pondering: “Why do all countries…

Dollar mängib oma relvastamise tõttu väiksemat rolli, Digitaalsed valuutad, Majandusteadlane Jeffrey Sachs ütleb

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Järgmise kümnendi jooksul, USA. dollar mängib palju vähem domineerivat rolli kui praegu, Jeffrey Sachsi sõnul. Tunnustatud majandusteadlane loetles mõned tegurid, mis tingisid dollari staatuse vähenemise, näiteks selle kasutamise…

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

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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….

Aruanne: Hiina ettevõte toob turule digitaalse valuuta kindlustustoote

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Hiina kindlustusfirma China Pacific Insurance Suzhou filiaal, koos Sidepangaga, teatas hiljuti digitaalse valuutakonto kindlustustoote käivitamisest. The launch comes at a time when the number of personal digital currency…

Ruble Surges Against Greenback, Ethiopian Birr Exchange Rate Gap Widens; Kiyosaki: The ‘End Is Here’ for Fake Money — Week in Review

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Rumors of expanding war, massive inflation destroying people’s purchasing power, and widespread volatility in the world of fiat currencies shaped the news this past week, with similarly dynamic developments in the world of cryptocurrency. Rich Dad Poor Dad author Robert Kiyosaki…

The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020

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While the stablecoin economy is worth roughly $153 miljardit täna, euro-backed stablecoin issuance has increased 1,683% alates $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 miljonit. Since November 2021, the number of euro stablecoins swelled by…

IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance

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Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. valuuta, according to a high-ranking official at the International Monetary Fund (IMF). The confrontation could lead to fragmentation of the world’s current monetary…