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Goldman Sachs Flags Major Dollar Slide as Tariffs Hit US Growth and Trust
21.4.2025
Goldman Sachs warns the dollar is set to tumble as aggressive tariffs and slowing U.S. growth erode investor confidence and threaten its long-held global dominance. Goldman Sachs Sees Dollar Losing Ground Fast With Tariffs and Growth Stalling Out Growing concerns over U.S. trade strategy and...
Schiff Urges China to Crash Dollar, Ray Dalio Warns of Global Meltdown, and More — Week in Review
13.4.2025
Schiff urges China to crash Dollar, Ray Dalio warns of global meltdown, Bitcoin set to go ‘Nuclear’, and more in this Week in Review. Week in Review Peter Schiff has urged China to retaliate in the trade war by dumping U.S. dollars and buying gold. Meanwhile, Ray Dalio warns of an impending...
Russia Expects BRICS Payment Network to Go Global—SWIFT’s Monopoly Under Threat
12.4.2025
BRICS is accelerating its break from Western financial dominance with a game-changing payment system that could soon welcome non-members, challenging SWIFT’s global stronghold. Lavrov Expects BRICS Alternative to SWIFT to Be Open to Non-Members Russian Foreign Minister Sergey Lavrov, addressing...
US Dollar Safe-Haven Status in Jeopardy as Tariffs Erode Global Trust, Expert Warns
2.4.2025
The U.S. dollar’s reign as the world’s safe-haven currency is under threat, an expert warns, citing inflation, tariffs, and fading global trust in U.S. leadership. US Dollar Could Lose Global Throne With Inflation Rising and Allies Backing Away A major shake-up to the global financial order could...
Deutsche Bank Warns of Significant De-Dollarization Risks Among US Allies
29.3.2025
Deutsche Bank has issued a warning regarding the potential risks to the U.S. dollar’s status as a global reserve currency, citing concerns over the reliability of the Federal Reserve’s liquidity backstop, particularly its dollar swap lines. In light of informal discussions among...
Nigerian Oil Marketers Denounce Oil De-Dollarization Policy
26.3.2025
Olufemi Adewole, Executive Secretary of DAPPMAN, warns that Nigeria’s Naira-for-crude oil transaction framework could destabilize foreign exchange (FX), deter foreign direct investment (FDI), and worsen economic challenges. He highlights the volatility of the Naira and stresses that crude...
Venezuelan Minister Remarks 25% of Trade Can Be Conducted Away From the US Dollar
17.3.2025
Venezuelan Foreign Minister Yvan Gil stated that this new state of affairs in international trade was possible due to the push that Russia and the BRICS bloc exerted to bypass the U.S. dollar. Venezuelan Minister Yvan Gil: 25% of Trade Can Be Completed Away From the Dollar International trade...
US Dollar Reserve Dominance Slipping—Expert Warns Trump’s Policies Fuel the Drop
7.3.2025
Trump’s policies are undermining the U.S. dollar’s role as the world’s reserve currency, a financial expert warns, as global markets and major economies seek alternatives. Trump’s Policies Fuel Global Shift Away From US Dollar U.S. President Donald Trump’s policies are accelerating a global shift...
President Trump Declares the Death of De-Dollarization With Tariffs at the Frontline
16.2.2025
Trump believes that by using tariffs as a weapon, he can safeguard the current U.S. dollar’s status as the world reserve currency and stop de-dollarization. So far, this has been proven right in a limited way. Trump States That Countries Have Stopped Their De-Dollarization Efforts Stopping...
Zimbabwe Not Ready to De-Dollarize, Says Finance Minister
13.2.2025
Zimbabwe’s Finance Minister Mthuli Ncube stated that the country must regain access to credit lines before adopting the Zig as its sole currency. He emphasized the need to restructure $21 billion in debt, as Zimbabwe has been locked out of capital markets since 1999 due to defaulting on its debt....
Crypto miner MARA wants US moving quicker to gobble up Bitcoin
27.11.2024
MARA Holdings says there will soon be a heated race among nations to gather Bitcoin, and the US needs to step up its game.
BIS distances from Project mBridge amid BRICS sanctions concerns
31.10.2024
Economic sanctions have a profound effect on international financial architecture, it turns out
BIS distances from Project mBridge amid BRICS sanctions concerns
31.10.2024
Economic sanctions have a profound effect on international financial architecture, it turns out
Latam Insights Encore: Brazil Can Lead the Way to Full BRICS De-Dollarization
22.10.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the recent movements by Brazil to further push de-dollarization within BRICS and how this might affect the trading framework of the entire...
Sound Money Defense League Executive: Gold Protects Against Inflation, Fiat Risks
29.9.2024
In a recent interview with Kitco News, Jp Cortez, the executive director of the Sound Money Defense League, discussed the growing sound money movement across the United States. Cortez emphasized the significance of legislative wins, such as the removal of sales taxes on precious metals in...
US License Expiration Imperils Russia-China Trade in Chinese Yuan
29.9.2024
A U.S. license allowing transactions with key players in Russia’s financial system expires on Oct. 12. This could make it harder and more expensive for Russian businesses to trade with China in yuan. The yuan is currently the most traded foreign currency in Russia after Western sanctions...
BRICS Eyes Petroyuan for Oil Trade Amid Dedollarization Push, Expert Says
26.9.2024
BRICS nations are considering adopting the petroyuan for oil trade as part of their ongoing dedollarization efforts, according to economic expert Herbert Poenisch. He noted the BRICS group may discuss alternatives to the petrodollar at their Kazan summit. He highlighted Saudi Arabia’s...
Zimbabwe to Unveil De-Dollarization Roadmap, Says Government Official
8.8.2024
The Zimbabwean Cabinet has approved a de-dollarization roadmap outlining “modalities to operationalize the Zig currency as legal tender for use in the economy.” Zimbabwean officials have set early 2026 as the new deadline for making the Zig the country’s sole currency. The central bank...
De-Dollarization Faltering in Africa Because Citizens Lack Confidence in Their National Currencies
7.8.2024
Despite clearly articulating reasons for de-dollarization in the Global South, African leaders will struggle to convince residents to embrace national currencies without changing economic management practices. People often lose confidence in a currency when a central bank excessively prints money...
IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive
20.7.2024
An International Monetary Fund representative has cautioned that Zambia’s proposed dedollarization initiative may inadvertently undermine efforts to contain inflation. The representative expressed concern that the prevailing economic conditions in Zambia are not conducive for the country to proceed...