Search Results for: leaders

10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies

avtor

The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies for economic and financial transactions.” The group comprises Brunei, Cambodia, Indonesia, Laos, Malezija, Myanmar, Philippines, Singapur,…

konec 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks

avtor

In less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 eter, worth roughly $793 milijonov. While Lido Finance dominates the market with 74.35% of the TVL, competing liquid staking protocols Rocket Pool and…

Nekdanji izvršni direktor Coinbase Balaji Srinivasan se zapira $1 Stava na milijon bitcoinov

avtor

Nekdanji glavni tehnološki direktor pri Coinbase, Balaji Srinivasan, predčasno zaključil stavo, da bo cena bitcoina dosegla $1 milijonov do sredine junija sredi hiperinflacije v ZDA. dolar. Srinivasan je plačal skupaj $1.5 milijonov, more than the initially…

Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1

avtor

ZDA. Treasury Secretary Janet Yellen has warned that the Treasury will not be able to pay all of the government’s debt “as early as June 1, if Congress does not raise or suspend the debt limit before that time.” Yellen also…

Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With China

avtor

BRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called for using…

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

avtor

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…

Russia to Increase Reliance on National Currencies in Energy Trade, Vows to Move Away From the US Dollar

avtor

Russia will increase its reliance on national currencies to settle payments for its energy resources, moving away from the US dollar, according to Russian Deputy Prime Minister Alexander Novak. Novak noted there is a great interest in acquiring Russian energy resources,…

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

avtor

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,…

Kitajska se je pripravljena pogovarjati z azijskim denarnim skladom o zmanjšanju odvisnosti od dolarja, Malezija pravi

avtor

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….