New Gold-Backed Currency Gains Steam & Challenges the US Dollar
Inspired by the BRICS de-dollarization agenda, Zimbabwe launched a new gold-backed currency, the ZIG, early this year to take on...
archiveBRICS
Declining Global Confidence In The Dollar
Burning US five and one dollar bills, London, 8th August 2011. (Photo by Tom Stoddart/Getty Images)Getty Images On February 24,...
Chinese Yuan Can’t Replace US Dollar as Global Reserve Currency
BRICS member China is looking to make the Chinese yuan the world’s reserve currency by toppling the US dollar. China...
The US Dollar Might Not Remain Universal Currency
‘The sun never sets on the British empire’ they proudly proclaimed during the late 1800s and early 1900s. The United...
U.S. Dollar in World Reserves Fall Below 60%
The Central Banks of the majority of developing countries are now diversifying their allocations with gold and other local currencies....
De-dollarization the path to global financial freedom
Economic and financial sanctions often backfire. The most notable example is the weaponization of the dollar against Russia. The measure...
Brics+ reserve currency: Alternative or non-starter for Africa?
By CHRIS ERASMUS The Brics+ geopolitical alignment has recently emerged as one route away from what is seen is as...
Gold-Backed Currency is Beginning of the End for US Dollar
The BRICS alliance has made significant strides over the past two years in its mission to dethrone the US Dollar....
BRICS Considers Payments in National Currencies
The BRICS alliance is moving all its cards to place national currencies ahead of the US dollar for global trade....
US Dollar Shows No Mercy To BRICS Nations’ Currencies
The US dollar is showing no mercy to BRICS and the de-dollarization agenda, as it sent leading BRICS currencies sliding...
