ECONOMYONE YEAR AGO
BRICS aims to end US dollar domination
BRICS leaders to focus their attention on devising active mechanisms to end their dependancy to the US dollar.
ECONOMY
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China raises retaliatory tariffs on US goods to 125%
Trump policy protest erupts outside US Congress
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ECONOMYONE YEAR AGO
‘Russia gained wealth while West lost trillions of dollars amid Ukraine war’
Russia got richer amid the ongoing war in Ukraine, while the West lost trillions of dollars of its wealth, according to a report by the UBS.
ECONOMYONE YEAR AGO
US credit rating downgraded over fears of 'fiscal deterioration'
The American credit rating agency downgrades US credit over fears of the government's "fiscal deterioration" amid protest by the Treasury Department.
ECONOMYONE YEAR AGO
Bolivia replaces US dollar with Chinese yuan in foreign trade
Bolivia is now using the Chinese yuan for international settlements to curb dependence on the US dollar.
ECONOMYONE YEAR AGO
US addiction to sanctions will prove to spell its downfall: Report
US addiction to sanctions will eventually spell its downfall as a growing number of targeted countries are bound to rewrite the West-dominated global financial system, a Washington-based academic journal warns.
ECONOMYONE YEAR AGO
Over $200 billion likely stolen from US COVID relief programs: Watchdog
Over $200 billion from the US government's COVID-19 relief programs were likely stolen, a federal watchdog said on Tuesday.
IN-DEPTHONE YEAR AGO
The homeless state of California
The homelessness crisis is particularly severe in the state of California. According to a study by the University of California, over 171,000 people are homeless in the rich Western State.
ECONOMYONE YEAR AGO
US county sues oil companies for $51 billion over climate disasters
A county in the northwestern state of Oregon on Thursday filed a lawsuit against major fossil fuel companies seeking more than $51 billion over the 2021 "Heat Dome."
ECONOMYONE YEAR AGO
Putin: Shift to national currencies indicates 'end for US dollar'
Putin has stated the growing use of national currencies for cross-border exchanges signals the end of the hegemony of the US dollar.
IN-DEPTHONE YEAR AGO
The ongoing trend toward dedollarization
The US Treasury Secretary, Janet Yellen, says Washington should expect a gradual decline in the dollar share of the global reserve as a global dedollarization move is gaining momentum.
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