Browsing Tag
Russia
313 posts
Russia’s Sberbank Begins Amassing Chinese Yuan
Demand for the Chinese Yuan is increasing as more and more nations opt against using the U.S. Dollar.…
BRICS: Will Russian President Putin be Allowed to Attend the Next BRICS Summit?
The 15th BRICS summit is all set to be hosted by South Africa in Q3 this year. The…
BRICS: Russia Developing Special Institutions to Mine and Transfer Crypto Across Borders
Amidst the growing prominence of the BRICS nations, Russia is reportedly developing special institutions to mine and transfer…
Russia Prepares Draft Law to Allow Crypto for International Trade
Several nations around the world have been re-considering the currency or mode of payment for international settlements. On…
African Nations Could Embrace BRICS Currency Instead of the U.S. Dollar: Economist
The ongoing global financial crunch and confrontational U.S. foreign policy have led to BRICS countries deciding to ditch…
World Could Ditch U.S. Dollar, Create Bipolar Global Currency System: NYU Professor
Countries around the world may reduce dependency on the U.S. dollar and create a bipolar global currency system,…
Saudi Arabia is Buying Russian Oil at Record Levels and Laundering it Onto the European Market
Reuters has reported that Saudi Arabia is buying record levels of Russian Oil and laundering it into the…
Will China & Russia Succeed in Replacing the U.S. Dollar?
A series of events unfolded recently challenging the supremacy of the U.S. dollar in the global marketplace. Firstly,…
Chinese Yuan Replaces US Dollar as the Most Traded Currency in Russia
The Chinese yuan witnessed its prominence rise in Russia lately. In a recent talk, President Putin advocated for…
Dubai Oil Benchmark Takes Center Stage as Russia, India Abandon Brent Benchmark
In a recently negotiated deal to deliver Russian oil to India, Rosneft, a large Russian oil producer, and…