US Sanctions on Russia Similar to Planting a ‘Bomb Under the Dollar,’ Says Russian Analyst
The United States’ sanctions towards Russia are undermining confidence within the U.S. greenback and will pressure different international locations to ditch the forex, a Russian...
Dollar’s Reserve Currency Status Is the United States’ Reward for Controlling the Seas – Billionaire Mike Novogratz
According to Mike Novogratz, the United States’ management of the seas allows it to keep up the greenback’s reserve foreign money standing. Novogratz prompt that...
Economist Warns the Demise of US Dollar Hegemony Is ‘Really Upon Us’
Economist Stephanie Pomboy has warned that the “demise of the U.S. hegemony is really upon us,” emphasizing that the Biden administration and lots of U.S....
Dollar Share in Reserves Drops Below 60%, Yuan Rises, Russian Diplomat Says
The share of currencies aside from the U.S. greenback and the euro in worldwide reserves is on the rise, in accordance with a Russian consultant....
Personal Finance Expert Says US Rating Downgrade Likely to Embolden BRICS Currency Supporters
The American score company Fitch’s latest downgrade of the United States’ credit standing from AAA to AA+ might embolden proponents of a BRICS forex, Riley...
Blackrock’s Bitcoin ETF Application Update, Warnings of Possible Reversal in XRP Ruling, and More — Week in Review
Financial megalith Blackrock’s bitcoin exchange-traded fund (ETF) software has now been accepted by the U.S. Securities and Exchange Commission, and added to the regulator’s docket....
Ethiopia Joins Egypt in Seeking BRICS Membership
Ethiopia has joined Egypt and Algeria in making use of to turn out to be a member of Brazil, Russia, India, China and South Africa...
Balaji Srinivasan Highlights De-Dollarization Past of Biden’s Top Economist
Former Chief Tech Officer at Coinbase, Balaji Srinivasan, took to Twitter to remind his followers about Jared Bernstein’s earlier stance on de-dollarization. The angel investor...
BRICS Nations to Encourage Use of Local Currencies in Trade
Countries within the BRICS bloc intend to encourage using native currencies in cross-border commerce, their overseas ministers revealed. The high diplomats, who met in South...
Moody’s on De-Dollarization: Rating Agency Labels US Debt Default a ‘Near-Term Danger to the Dollar’s Position’
As requires the creation of a world various to the buck develop, credit standing company Moody’s stated on May 25 that rival currencies such because...