Page 27 - New Development News Today

There is one project the developer has in the plan that commissioners can’t get behind, an air strip.

LONDON – Russia’s war in Ukraine, Vladimir Putin and Xi Jinping’s recent meeting in Moscow, and China’s apparent success in brokering a diplomatic rapprochement between Iran and Saudi Arabia have fueled renewed chatter about threats to the global primacy of the United States – and particularly to that of the US dollar.

Russia's war in Ukraine, Vladimir Putin and Xi Jinping's recent meeting in Moscow, and China's apparent success in brokering a diplomatic...

Jim O'Neill thinks renewed speculation about alternative currency arrangements for the US Dollar is generally misplaced

The security of global supply chains is taking a new higher priority in economic discussions and decision making, Kristalina Georgieva, managing director of the IMF told reporters.

Russia's war in Ukraine, Vladimir Putin and Xi Jinping's recent meeting in Moscow, and China's apparent success in brokering a diplomatic rapprochement between Iran and Saudi Arabia have fueled renewed chatter about threats to the global primacy of the United States??"and particularly to that of the U.S. dollar. I encountered such commentary in the responses to my recent Global Policy article assessing the future of the BRICS (Brazil, Russia, India, China, and South Afric...

Perceived threats to the dollar’s role in the global financial system are nothing new; they have been a frequent occurrence since the 1980s. But until would-be challengers can find a credible alternative to the dollar for their own savings, the greenback’s dominance will not really be in doubt.

Brazilian President Luiz Inaci...

At the end of an LSE Public Lecture back in November 2022, I was asked by an astute Oxford graduate student whether Luiz Inacio Lula da Silva’s return as President of Brazil, the electoral victory of Gustavo Petro in Colombia and the shift to the political-Left which the South American region has seemingly once again taken would be a “major catalyst” for the international use of China’s currency, the Renminbi.  And how would the US respond? An excellent question, and worth pursuing furt...

Al Ahram Weekly Azza Radwan Sedky Tuesday 11 Apr 2023 The BRICS nations have long been challenging the existing world political order and are about to reset the global monetary system, says Azza Radwan Sedky The acronym BRIC was coined when Brazil, Russia, India, and China joined forces and founded...