Page 16 - De Dollarization News Today

There would need to be a seismic shift in the conditions that underpin the dollar's current dominant role for anything to change, experts say.

The world is getting readjusted to a possible scenario, not without dollar, but without dollar as the international reserve currency

The US dollar's status as the world's reserve currency isn't at risk, but too much government spending will end badly, Warren Buffett said.

Russia said that there has been no change in bilateral developments with India and discussion are underway is settling trade in INR

Chinese Foreign Minister give assurance to Russia and India that Beijing aims to expand its “cooperation” as Moscow and New Delhi devise new mechanisms to dump the US dollar and use other currencies for international trade.

The Chinese yuan has overtaken the United States dollar to become China's most-used currency for cross-border transactions. This is according to the latest data from the State Administration [...]

Brazil’s Deputy Minister of Economy Gabriel Galipolo explained that a plan involves a line of credit to finance Brazilian companies that export to Argentina to avoid using the dollar. 

Nineteen nations have expressed interest in joining the BRICS group of nations. The bloc of emerging markets and developing economies made up of Brazil, Russia, India, China and South Africa will [...]

"Financial systems are built on trust and, if they are weaponized, they lose the trust necessary to retain their dominance."

De-dollarization is heading for a breakthrough due to rising global discontent with US ‘casino capitalism’, Pepe Escobar, geopolitical analyst and veteran journalist, told Sputnik News.