World’s Largest Regional Organization to Switch to Settlements in National Currencies

A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a

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

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

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….

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

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—arecoalescing against the dollar.Schectman believes that since 2022, dédollarisation…

Le FMI avertit que les sanctions contre la Russie menacent de saper la domination du dollar américain

Le FMI avertit que les sanctions contre la Russie menacent de saper la domination du dollar américain. Le FMI avertit que les sanctions contre la Russie menacent de saper la domination du dollar américain, Le FMI avertit que les sanctions contre la Russie menacent de saper la domination du dollar américain (Le FMI avertit que les sanctions contre la Russie menacent de saper la domination du dollar américain). Le FMI avertit que les sanctions contre la Russie menacent de saper la domination du dollar américain’s current monetary

La Russie envisage de remplacer partiellement les réserves en dollars par des actifs numériques à l'avenir

Amid ongoing sanctions, the government of Russia has been working to limit the countrys dependence on the U.S. dollar. The Ministry of Foreign Affairs now says its possible to partially replace the greenback in currency reserves and trade settlements with other