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Dedollarization: Chinese Bank Lending to Russia More Than Quadruples - Vimarsana News

Dedollarization: Chinese Bank Lending to Russia More Than Quadruples

The renminbi's increased role in Russia's banking sector indicates further efforts to reduce reliance on the dollar.

Grain Deal, Gas Hub & De-Dollarization: What Signal Do Putin-Erdogan Talks Send to West? - Vimarsana News

Grain Deal, Gas Hub & De-Dollarization: What Signal Do Putin-Erdogan Talks Send to West?

Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan held bilateral talks on Monday, touching upon energy and food security, as well as major regional and geopolitical issues.

US, Allies Major Source of Instability: Russia - Vimarsana News

US, Allies Major Source of Instability: Russia

In a no holds barred attack on the United States and its Western allies, Russia on Friday called them "major source of instability" in the world, and warned their could be new confrontations in the coming days.

Source: ummid.com
Pepe Escobar: Does BRICS Need Its Own Currency? - Vimarsana News

Pepe Escobar: Does BRICS Need Its Own Currency?

The new era opened with the strategic tour de force inbuilt in the creation of BRICS 11 involves the make-or-break issue of setting up a new international economic/financial strategy.

U.S. Dollar Defends Role As Global Currency [Infographic] - Vimarsana News

U.S. Dollar Defends Role As Global Currency [Infographic]

The de-dollarization of the world economy has been thrust back into the spotlight with the BRICS summit this month, but its outlook is murky at best.

Source: forbes.com