BRICS: How the Yuan Displaces the Dollar from the Persian Gulf Countries? January 25, 2024 China’s drive to internationalize the yuan, the international currency swap agreements it has entered into and plans for a digital currency have recently been…
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….
Russia completely de-dollarized its Economy January 19, 2023 From January 13, the Bank of Russia will once again return to foreign exchange interventions, that is, buying or selling foreign currency in the…
The “Red Dragon” (China) Grows Worldwide December 10, 2020 While the Covid-19 pandemic was initiated by China (Wuhan Province) and it appeared that the Chinese government was taken by surprise, the subsequent successful…
