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dedollarization
Updated news related to de-dollarization
Ending the dominance of the US dollar and the US 'security umbrella'
While the stick and carrot are not optimal, the ineffectiveness of Washington's policies and the weaponization of the dollar, through the strong imposition of financial sanctions on Russia, have all deepened a common perception that the position, prestige and role of the US in general are under threat.
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The US dollar's privileged position is being questioned by both 'friends and foes'
(Baonghean.vn) - The world's confidence in the US dollar has been declining, and this trend cannot be changed. This is a consequence of the growth of the US national debt, ineffective policies, and turning the dollar into a weapon through the imposition of a "storm" of sanctions on Russia.
Western media speaks out about BRICS's upcoming 'attack' on the US
(Baonghean.vn) - Les Echos magazine believes that the de-dollarization process is taking place strongly, and cannot be stopped, with the aim of creating a common currency for BRICS countries.
What are the prospects for the common currency of Russia, China and BRICS?
(Baonghean.vn) - Recently, BRICS has positioned itself as the Southern Hemisphere's replacement for the G7 Group of leading industrialized countries. The birth of the BRICS currency will certainly elevate BRICS from an economic alliance to an important geopolitical alliance of the 21st century.
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