Search Results for: erode

10 Sydostasiatiska nationer utmanar dollardominansen med push för lokala valutor

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Ledarna för 10 Sydostasiatiska nationer, medlemmar i Association of Southeast Asian Nations (ASEAN), har gått med på “uppmuntra användningen av lokala valutor för ekonomiska och finansiella transaktioner.” Gruppen består av Brunei, Kambodja, Indonesien, Laos, Malaysia, Myanmar, Filippinerna, Singapore,…

Att Saudiarabien går med i BRICS skulle påskynda användningen av kinesiska yuan som handelsvaluta, Säger professor

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Professor Ashok Swain of Uppsala University’s Department of Peace and Conflict Research says Saudi Arabia joining the BRICS economic bloc “would accelerate the bilateral trading being conducted using the yuan as the trading currency. ” How Saudi Arabia Joining BRICS Could Boost…

BRICS-valutan kommer att urholka den amerikanska dollarns dominans, Tidigare Vita husets ekonom varnar

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Former White House economist Joseph Sullivan has warned that a BRICS currency would erode the U.S. dollar’s dominance. If member nations use only a common BRICS currency for international trade, “they would remove an impediment that now thwarts their efforts to…

BRICS De-Dollarization Push, Kina, och krypto hotar amerikanska dollars dominans: Analytiker

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Fitch Solutions’ global head of country risk has named the rising adoption of cryptocurrencies, the de-dollarization efforts by the BRICS countries, and China’s rising “economic might” as key factors that erode the U.S. dollar’s dominance over time. He cautioned that China…

Extrem marknadsturbulens: Kritiker kallar Warrens Silvergate Take "Terribly misinformed".,SVB kollapsar, Vitaliks Token Sell-Off flyttar marknaderna, och mer — vecka i granskning

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It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, U.S. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals on social media pointing out that Warren is “terribly misinformed.” Dessutom, U.S. Regulatorer…

Som Fed vänder 109 År gammal, den amerikanska dollarns köpkraft urholkas med mer än 96% Sedan det skapades

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109 years ago, USA. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great deal. Since the Fed started, mer än 96% of the greenback’s purchasing power has been erased…

Yuan slår nytt lågt kontra US-dollar när investerare reagerar på godkännandet av den kinesiska presidentens bud på tredje sikt

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The Chinese yuan’s offshore exchange rate against the U.S. dollar fell to a new all-time low of 7.33:1 just over a day after the conclusion of the Chinese Communist Party’s congress which gave President Xi Jinping the mandate to lead the…

Amerikanska lagstiftare inför ett lagförslag som tillåter kryptoinvesteringar i 401(k) Pensionsplaner

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Several U.S. lawmakers have introduced the Retirement Savings Modernization Act to provide 401(k) retirement savers access to a wide range of investments, including crypto assets. “With inflation at record highs, a stock market downturn, and a potential recession on the horizon,…

Israels bank: Antagandet av CBDC kommer inte att väsentligt påverka banksystemet

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Israel’s central bank says the public’s adoption of the digital shekel is not expected “to materially affect the banking system.” Banken, i alla fall, warns that any issuance of such digital currency will likely result in a decline of the volume of…

Edward Snowden kallar CBDCs "Cryptofascist Currency" - "Närmare att vara en perversion av kryptovaluta"

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I oktober 9, whistleblower and privacy advocate Edward Snowden published an opinion editorial concerning central bank digital currencies (CBDC) and claimed CBDCs are “the newest danger cresting the public horizon.” Snowden stressed that rather than being an innovation, CBDC’s are “closer…