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BRICS Bank Increases Loans in Local Currencies, Covers 25% of Lending
The New Development Bank (NDB), commonly called the BRICS bank has expanded lending in local currencies. The bank…
More Nations Abandon US Dollar, Egypt PM Confirms Trend
The US dollar is now attracting more foes than ever, as countries and growing economies continue to abandon…
Russia Begins Mega De-Dollarization Drive For BRICS
Russia has officially launched a mega de-dollarization drive to help the BRICS alliance navigate away from the Western…
The Rise of the Chinese Yuan: 3 Signs It’s Gunning for Reserve Status
The Chinese Yuan is now emerging as a strong currency competitor, as the US dollar notes a falling…
After BRICS, Africa Launches Next-Generation Currency Marketplace PACM
Taking inspiration from the BRICS alliance, Africa has launched a new marketplace to facilitate the seamless exchange of…
De-Dollarization Fails as US Forces India & Russia Pay Dirhams for Oil
To bolster the de-dollarization agenda, India and Russia signed a pact to settle oil and gas payments in…
Areas Where BRICS Challenges the USA and Areas Where It Falls Short
As the global economic balance tilts and new alliances emerge, one question echoes through diplomatic halls and financial…
De-Dollarization Dreams: Are Nations Ready for a Post-Dollar Era?
Global trade blocs, such as BRICS and ASEAN, are actively looking for an alternative to the US dollar-based…
IMF: The Currency No One Saw Coming Is Now Taking Over Global Reserves
The Donald Trump era has prioritized strict tariff regimens on countries that wish to trade with the US…
Russia Says Joe Biden is Responsible For the US Dollar’s Decline
Russia’s Foreign Ministry Spokeswoman Maria Zakharova explained in a briefing why the US dollar dominance is eroding around…