The BRICS nations are focusing on increasing their international roles and “enhancing coordination on key multilateral platforms,” Russia’s Minister of Foreign Affairs reportedly revealed after
Read moreChina Keeps Stockpiling Gold, Adds 18 Tons in March to Reach 2,068 Tons in National Reserve
The People’s Bank of China (PBOC) reported an increase in the country’s gold reserves of 18 tons in March, continuing its buying spree. China has
Read moreMounting Trend of Challenges to USD Hegemony Reported: Saudi Arabia, BRICS; Ron Paul Weighs in on Potential Fall of Dollar as Reserve — Week in Review
The United States dollar has been a hot topic in recent weeks, with multiple reported developments occurring globally which could signal significant moves toward de-dollarization
Read moreSaudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner
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
Read moreFormer US President Donald Trump States China Is ‘Trying to Replace the Dollar as Number One Currency’
Former U.S. President Donald Trump has acknowledged the push that China is making to dethrone the dollar as a reserve currency. In a post published
Read moreIndia to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar
The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its
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