Russia’s central bank plans to create new institutions to mine crypto assets and settle international payments.
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Economist and Political Scientist Refute Claims of US Dollar’s Demise Despite Trend of De-Dollarization News
This year, there has been a flurry of news reports and opinion editorials discussing an alleged de-dollarization trend amid a wave of disclosures associated with
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US Treasury Secretary Janet Yellen Acknowledges Sanctions Weaponization Could Hurt Dollar Hegemony
U.S. Treasury Secretary Janet Yellen talked about the dangers that sanctions based on the U.S. dollar might pose for the hegemony of the currency in
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De-Dollarization Trend Irreversible, Flight From US Dollar Sure to Accelerate, Says Russian Official
Russia’s foreign minister says a flight from the U.S. dollar “is sure to accelerate,” emphasizing that “this trend is irreversible.” The official added: “The path
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Brazil and China Deepen Trade Integration to Move Away From US Dollar, as First Yuan-Based Settlement Is Processed
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
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Analysts Weigh In on BRICS Currency as Tool to Face US Dollar-Based Sanctions
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
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