Yuan

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

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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…

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…

Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says

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Within the next decade, ZDA. 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…

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

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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….

Poročilo: Chinese Company Launches Digital Currency Insurance Product

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The Suzhou branch of the Chinese insurance company China Pacific Insurance, together with the Bank of Communications, recently announced the launch of a digital currency account insurance product. The launch comes at a time when the number of personal digital currency…

Ruble Surges Against Greenback, Ethiopian Birr Exchange Rate Gap Widens; Kiyosaki: The ‘End Is Here’ for Fake Money — Week in Review

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Rumors of expanding war, massive inflation destroying people’s purchasing power, and widespread volatility in the world of fiat currencies shaped the news this past week, with similarly dynamic developments in the world of cryptocurrency. Rich Dad Poor Dad author Robert Kiyosaki…

The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020

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While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% od $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 milijonov. Since November 2021, the number of euro stablecoins swelled by…

IMF opozarja, da sankcije Rusiji grozijo, da bodo spodkopale prevlado ameriškega dolarja

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Finančne sankcije, uvedene Rusiji zaradi njene invazije na Ukrajino, lahko zmanjšajo prevlado ZDA. valuta, po besedah ​​visokega uradnika Mednarodnega denarnega sklada (IMF). Konfrontacija bi lahko vodila v razdrobljenost sveta’s current monetary…