Chinese Yuan Not Serious Threat to US Dollar Hegemony, Says Economist
An economist has dismissed the Chinese yuan as a big risk to the U.S. greenback’s dominance. “The Chinese renminbi, which accounts for less than 3%...
Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency
According to Brazil’s president Luiz Inácio Lula da Silva, growing nations ought to abandon the U.S. greenback and strengthen their very own nationwide currencies. During...