Brazil and China Deepen Trade Integration to Move Away From US Dollar, as First Yuan-Based Settlement Is Processed

Brazil and China have reached a milestone in their economic integration, as the first bilateral settlement in Chinese yuan was completed ahead of the visit of President Luis InacioLulada Silva to China. The settlement, which was processed by the

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, a…

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

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

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

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

FTX Bankman-Fried kasutab väidetavalt Alameda vahendeid õiguskaitse eest tasumiseks

Kahe FTX-ile lähedase allika järgi, Sam Bankman-Fried, häbiväärne kaasasutaja, andis isale, Stanfordi õiguse professor Joseph Bankman, miljoneid dollareid. Väidetavalt kasutatakse raha õigusabikulude katmiseks. Allikad ütlesid, et Bankman-Fried andis väidetavalt…

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….

Aruanne: China Will Become a Metaverse Tech Leader During 2023

A report issued by Globaldata, a global consulting and data analysis company, predicts that China will become a leading country in metaverse tech during 2023. The firm believes that the development of other technologies like artificial intelligence (AI), virtual reality (VR),…