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

Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’

Russian Foreign Minister Sergey Lavrov has spoken on the current shift to national currencies and the de-dollarization international markets are currently experiencing. In a press conference after addressing the UN Security Council on April 25, Lavrov stated this shift could not

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

中国、ドル依存削減に向けアジア通貨基金と協議する用意がある, マレーシアは言う

アジア通貨基金を設立するというアイデアが中国指導部の注目を集めた, マレーシア政府首脳が明らかにした。. 首相は自国に理由はないと信じている, それは強い米国によって傷つけられている….

ロシアは将来、ドル準備金をデジタル資産に部分的に置き換えることを検討している

進行中の制裁の中で, ロシア政府は、国を制限するために取り組んできました’米国への依存. ドル. 今外務省が言ってる’s possible to partially replace the greenback in currency reserves and trade settlements with other