BRICS New Development Bank Ditching US Dollar by Offering Loans in Local Currencies
The New Development Bank (NDB) established by the five-member BRICS group is offering loans in local currencies, part of its efforts ...
Tuesday, November 12, 2024
Tag: Dollar
Rise of the Petroyuan: The End of the Petrodollar’s Reign and the Impact on Global Markets
Did you know that central banks bought more gold last year than any year in the past 55 years—since 1967? ...
Ex-Treasury Secretary Predicts ’70 Percent’ Chance Recession Begins This Year
A recession is most likely right around the corner, said a former Clinton and Obama administration official in a Sunday ...
What If the Dollar Falls?
The past few weeks, major countries have been moving away from the US dollar, raising doubts about the dollar’s long-dominant ...
BRICS Nations Rapidly Working to Create Common Currency to Counter US Dollar’s Global Hegemony
A Russian official has admitted that BRICS is working to create its own currency to challenge the dominance of the United States ...
Massive Central Banks’ Gold-Buying Spree Continues for 11th Consecutive Month
Global central bank gold reserves increased by an additional 52 tons in February, representing the 11th consecutive month of net ...
Know What to Expect: The Death of the Dollar Is Coming
The death of the dollar is coming and it’s going to hit the American public like a ton of bricks. ...
Biden’s Destructive Russia Sanctions Are Destroying Decades-Long Dominance of Dollar as World’s Reserve Currency
Former Defense Secretary Roberts Gates has famously said on more than one occasion that though he liked Joe Biden personally, ...
The Dollar Is in Trouble! Here Are 7 Signs That Global De-Dollarization Has Just Shifted Into Overdrive
For decades, the U.S. dollar was the undisputed king of global currencies, but now dramatic changes are happening. China, Russia, ...
De-Dollarization: Countries Seeking Alternatives to the U.S. Dollar [INFOGRAPHIC]
The United States is being attacked from every economic angle possible. Our "friends" who once helped keep us afloat despite ...
