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Browsing: global trade
India has declared its decision to continue using the U.S. dollar for international trade transactions.In an unexpected move, India has…
In a noteworthy development, about 40 countries are expressing interest in joining the BRICS alliance as they seek alternatives to…
The global financial landscape is evolving with rapid economic changes.As ASEAN-China relations strengthen, potential impacts on the US dollar’s dominance…
The dominance of the US dollar in global trade is undeniable, yet challenges are emerging.De-dollarization efforts by developing nations are…
With the BRICS alliance poised for potential expansion, North Korea’s ambitions to join have sparked global interest. Recent developments point…
The Chinese Yuan is increasingly capturing global attention, positioning itself as a strong rival to the US dollar. As fiscal…
The BRICS alliance, comprising Brazil, Russia, India, China, and South Africa, is considering a new currency system. This currency could…
In recent years, the US dollar has witnessed a marked decline in its purchasing power, eroding to a mere 3%…
The BRICS alliance’s commitment to reducing reliance on the US dollar has reached a significant milestone. Native currency trade amongst…
The BRICS alliance is embarking on a transformative journey by exploring digital currencies. This initiative, involving 134 countries, threatens the…