Search Results for: Colonies

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

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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 Inacio “Lula” da Silva to China. The settlement, which was processed by 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…

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…

Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner

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China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move made by the kingdom began with a memorandum of understanding in September, and at the end of March,…

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….

L'Inde va faciliter les règlements internationaux en roupies pour réduire sa dépendance à l'égard du dollar américain

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The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments…

L’Arabie Saoudite et l’OPEP révèlent une réduction surprise de leur production pétrolière; La Maison Blanche insiste sur le fait que les réductions ne sont pas conseillées pour le moment

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Le dimanche, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was…

Les pays BRICS travaillent à la création d'une nouvelle monnaie qui sera discutée lors du prochain sommet des dirigeants: Signaler

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The BRICS nations are reportedly working on developing a new form of currency, which is expected to be discussed at the next BRICS leaders’ sommet, according to a top Russian official. “The transition to settlements in national currencies is the first…

Poutine, Xi s'engage à utiliser le yuan alors que la Russie et la Chine s'orientent vers des règlements en monnaies nationales

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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, Afrique, and Latam….

Vladimir Poutine affirme que la Russie a annulé les dettes des pays africains pour un montant total supérieur à $20 milliards en 2022

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Pays africains’ des dettes totalisant plus de $20 milliards ont été radiés l’année dernière, Le président russe Vladimir Poutine a déclaré en mars 20. Poutine a également révélé que le commerce entre la Russie et l'Afrique avait presque atteint $18 milliards d’ici la fin de…