WebMar 30, 2024 · Reuters. China and Brazil have reached a deal to trade in their own currencies, ditching the US dollar as an intermediary, the Brazilian government said on Wednesday, Beijing's latest salvo against the almighty greenback. The deal will enable China, the top rival to US economic hegemony, and Brazil, the biggest economy in Latin … WebApr 10, 2024 · Emmanuel Macron has flown into a storm of criticism after he said Europe should not become a “vassal” and must avoid being drawn into any conflict between the …
China vows not to sell arms to any party in Ukraine war
WebChina mainly relies on the US dollar payment system in international deals, making it vulnerable to possible US sanctions, according to Fang Xinghai. WebApr 6, 2024 · The global de-dollarization campaign is gaining momentum, as countries around the world seek alternatives to the hegemony of the US dollar. China, Russia, … microsoft safety scanner のダウンロード
Economist sounds the alarm on the
WebJan 2, 2024 · Russia has recently proposed using the euro instead of the US dollar in trade with the European Union. Once a top-10 holder of US sovereign debt, Russia has all but eliminated its holdings of US Treasuries. Moscow has used the money to boost the nation's foreign reserves and to build up its gold stockpile to stabilize the ruble. WebEconomist and "Currency Wars" author Jim Rickards warned that while China's efforts to reduce the dollar's power, the "greatest enemy" to the U.S. dollar comes from one of the … WebMay 20, 2014 · In a symbolic blow to U.S. global financial hegemony, Russia and China took a small step toward undercutting the domination of the U.S. dollar as the international reserve currency on Tuesday when … how to create file in nodejs