The theft of Russian assets by the G7 “damages the prestige” of the euro & dollar as “safe currencies” December 21, 2023 Western countries have “frozen” $300 billion of Russia’s Central Bank reserves from 2022 and have begun to consider whether it would be possible to…
Russia has abandoned the dollar and is increasing its foreign exchange reserves in yuan December 21, 2023 In a state of war economy, Russia has survived and is victorious in a currency war that was declared against it by the West….
What do Funds and Institutional Investors choose? November 30, 2023 Investors are now selling dollars in droves as the market estimates that the US Federal Reserve has completed its most aggressive interest rate hikes…
Argentina: Is China saving the country from Economic collapse? June 29, 2023 U.S. dollars are so hard to come by in Argentina that Whirlpool Corp., the U.S. appliance giant, is considering paying in Chinese yuan to…
The USA towards a New model of Global Hegemony June 15, 2023 Once the main slogan was “globalization” and the sub-slogan “American primacy”. It was not just a rhetorical device. Indeed, the US believed that after…
India will stop using the US dollar from 2025! May 25, 2023 India will stop using the US dollar from 2025 as announced by Indian Prime Minister Narendra Modi! So the world’s 1st in population and…
Pressure on Emerging Economies from the Overvalued Dollar February 23, 2023 The rise of the US currency depletes their limited foreign exchange reserves and stunts growth by making their exports more expensive. The strengthening of…
The De-dollarization of the World Economy March 17, 2022 In 1971, the US government, faced with stagnant inflation and a major global financial crisis, announced the US withdrawal from the Bretton Woods system…
The Unchanged Interest Rates, The Dollar Price Slip and the Postponement of Tapering August 5, 2021 The Fed, knowing the expectations of the markets, decided last Wednesday 28/7/2021 to maintain unchanged interest rates, while continuing at a steady pace its…
