Sunday, 22 December , 2024

Dollar

America’s real adversaries are its European and other allies: The U.S....

By Michael Hudson Feb 8, 2022 The Iron Curtain of the 1940s and ‘50s was ostensibly designed to isolate Russia from Western Europe – to keep...

Putin names Russia’s number one partner

By Layla Guest Dec 23, 2021 Despite having had tense relations in the past, Moscow and Beijing are now working together on an unprecedented number of...

Financial globalisation: should China move in?

By Samir Amin Aug 23, 2018 Reflecting on the current crisis in the capitalist system, Samir Amin wonders whether China would be attempted to try to...

Russia’s sovereign wealth fund cuts US dollar reserves to ZERO

Jul 7, 2021 Russia has eliminated US currency from its National Wealth Fund while boosting the share of the euro, the Chinese yuan and gold,...

Transition From Dollar in Int’l Settlements Happens Naturally, Russian Finance Ministry...

Jun 7, 2021 MOSCOW (Sputnik) - The transition from dollar to ruble and national currencies in international settlements happens naturally, incentives are created to facilitate...

Russian National Wealth Fund to Decrease Share of Dollar to Zero,...

Jun 3, 2021 ST. PETERSBURG (Sputnik) - The Russian Ministry of Finance will introduce changes to the structure of the National Wealth Fund within a...

Russia slashes dollar & euro from reserves in favor of gold...

6 May, 2021 The Central Bank of Russia (CBR) said in its annual report that in 2020 it reduced the share of the euro, the...

Next stop, the apocalypse? The bumbling Biden administration’s claim to fame...

By Robert Bridge 12 Apr, 2021 Since Biden’s inauspicious rise to power, the world has become littered with hotspots from Ukraine to China where a major...

Russia, China can resist sanctions by moving away from US dollar:...

Russia, China can reduce sanctions risks by moving away from US dollar, Sergey Lavrov says By Laura Zhou 22 Mar, 2021 Moscow and Beijing should work...

America Abandoned Its Economic Prophet. The World Embraced Him | By...

John Kenneth Galbraith was an intellectual celebrity 50 years ago—and it would be a mistake to ignore him today January 15, 2021 U.S. President-elect Joe...