Russian President Vladimir Putin says the U.S. dollar is the main weapon used by the United States to preserve its power across the world. However,
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US Sanctions on Russia Similar to Planting a ‘Bomb Under the Dollar,’ Says Russian Analyst
The United States’ sanctions against Russia are undermining confidence in the U.S. dollar and may force other countries to ditch the currency, a Russian financial
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Xi Jinping Vows No Hegemony in China’s Approach to US, Aiming for Stable Ties
On Wednesday, Chinese President Xi Jinping delivered a speech emphasizing China’s aspiration for harmonious ties with the United States. The Chinese head of state conveyed
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Russia’s Yuan Shift: EBRD Economist Warns of Waning US Dollar Dominance
In a recent interview, the European Bank for Reconstruction and Development’s (EBRD) chief economist, Beata Javorcik, highlighted a notable trend: Russia’s growing inclination to transact
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Chinese Yuan Not Ready to Topple US Dollar as World Reserve Currency, Says Strategist
A global macro strategist has explained that the Chinese yuan is unlikely to replace the U.S. dollar as the global reserve currency. She emphasized that
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Brazil Proposes Plan to Settle Bilateral Trade With Argentina in Chinese Yuan
The government of Brazil has formally presented a proposal to Argentina to settle bilateral trade transactions in the Chinese yuan. The proposal, which would leverage
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