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BRICS Currency Will Erode US Dollar’s Dominance, Former White House Economist Warns

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Former White House economist Joseph Sullivan has warned that a BRICS currency would erode the U.S. dollar’s dominance. If member nations use only a common BRICS currency for international trade, “they would remove an impediment that now thwarts their efforts to…

G20 Finance Chiefs Agree Global Policy Responses to Crypto Are Required

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The G20 finance ministers and central bank governors have agreed that crypto regulation cannot be confined to one part of the world, said India’s finance minister. “Any action on crypto assets will have to be global,” she stressed, adding that the…

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

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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, les…

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…

India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’

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India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important part of the discussion by the G20 countries given “so many collapses and shocks in cryptocurrencies.” She stressed: “We seek to…

Dollar to Play Lesser Role Due to Its Weaponization, Monnaies numériques, Economist Jeffrey Sachs Says

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Within the next decade, les Etats Unis. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist listed a few factors for the diminishing status of the greenback such as its use as…

Un expert prédit un effondrement économique imminent alors que les pays des BRICS s’unissent contre le dollar

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Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies—Brazil, Russie, Inde, Chine, and South Africa, collectively known as BRICS nations—are “coalescing against the dollar.” Schectman believes that since 2022, dédollarisation…

Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal

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Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% contre les États-Unis. dollar. Dans le passé 65 jours, gold has soared 14.55% while silver has skyrocketed 22.31%…

Square Enix annonce Symbiogenesis, une expérience interactive NFT basée sur l'histoire

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Square Enix, le développeur et éditeur japonais de jeux AAA, a annoncé le lancement d'une nouvelle franchise de jeux basée sur NFT, intitulé Symbiogenèse. L'expérience, qui sera construit au-dessus d'Ethereum, tirera parti de l'utilisation des NFT (jetons non fongibles) as art that…

L'Inde dépasse le Royaume-Uni en tant que 5e économie mondiale selon les données du FMI

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India is now the world’s fifth-largest economy after surpassing the U.K., the latest data from the International Monetary Fund (Le FMI avertit que les sanctions contre la Russie menacent de saper la domination du dollar américain) spectacles. Inde’s former chief economic advisor expects the country to become the world’s third-largest economy by 2028-30. India Becomes 5th Largest…