One currency to rule them all – Economy and ecology
The representatives of Brazil, Russia, India, China and South Africa arrived to South Africa for the 15th BRICS Summit with...
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Prospects for the yuan unseating the dollar – GIS Reports
China has made significant progress in strengthening the yuan’s status, but it will not soon become the dominant global reserve...
Economist: BRICS common currency is a ‘ridiculous’ idea
Chinese President Xi Jinping attends a meeting with U.S. Secretary of State Antony Blinken (not pictured) at the Great Hall...
Economist: BRICS common currency is a ‘ridiculous’ idea
In their push to dethrone the U.S. dollar as the world’s largest reserve currency, the BRICS nations—or Brazil, Russia, India,...
What if – the US dollar loses its status as the world’s reserve currency?
So far, China has made only moderate use of this lever, as the use of the USD has also facilitated...
India Rupee’s Drop Versus the Dollar Exaggerates Its Global Role
A year ago, there was palpable excitement in New Delhi around buying Russian crude. The Reserve Bank of India allowed...
The BRICs Go For Gold
After months of debate about various currency and commodity baskets, a Russia- and China-led consortium has apparently settled on using...
Dollar bears see ‘multi-year downtrend’ ahead—with big ripple effects
It just may have been the week that broke the dollar. The greenback’s worst slump since November has a bevy of strategists and investors saying a turning point is finally at hand for the world’s primary reserve currency. If they’re right, there will be far-reaching consequences for global economies and financial markets. The US currency is teetering at the lowest level in more than a year after signs of cooling inflation bolstered bets that the Federal Reserve will soon stop hiking interest rates. Dollar bears are looking even further ahead,...
a Global Fight Over America’s Economic Dominance
The US dollar isn't just for Americans — every country in the world relies on it.The greenback has been facilitating...
Dollar bears see ‘multi-year downtrend’ ahead—with big ripple effects
It just may have been the week that broke the dollar. The greenback’s worst slump since November has a bevy...
