Trump’s Tariff Push Might Accelerate De-Dollarization Among BRICS
Experts suggest that Trump’s 100% tariffs on BRICS countries aiming to bypass the US dollar may unintentionally accelerate the move towards de-dollarization in global trade.
DeDollarization
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Russia-Ukraine Conflict Accelerates Global De-dollarization
A new report reveals the Russia-Ukraine conflict is speeding up global de-dollarization efforts, reshaping international financial systems and impacting emerging markets.
RMB Ascends: China’s Financial Transformation Boosts Yuan’s Global Reach
China’s RMB gains global traction as new clearing banks open and cross-border payments surge, signaling a shift towards the yuan in international finance.
BRICS 2023 Summit: Steering Towards Expansion and De-dollarization
The 15th BRICS Summit in Johannesburg discusses expansion and de-dollarization amidst Western skepticism and concerns over the Chinese mainland’s influence.