Dedollarization Suffers a Blow As Global USD Payments Hit Record High
The international drive to end the dollar's dominance has suffered a blow, with the greenback's role in global payments hitting a record high.
Source: businessinsider.com
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By the numbers: How BRICS is charting a course beyond Western dominance
The share of the bloc in world GDP has been on the rise; it accounted for more than a quarter in 2022.
Source: moneycontrol.com
BRICS Expansion 'Main Catalyst' of New World Order, 'End of Petrodollar'
Integration of new members into BRICS will facilitate the advent of a new world order, marked by the end of the petrodollar’s “yoke”, Michael Goddard told Sputnik.
Source: sputnikglobe.com
Explainer: What Does it Mean to De-Dollarize?
For most of history, poverty has been almost universally understood as a lack of money. In the last three decades, however, it has not just been lack of any money, but the lack of valuable money compared to the U.S. dollar. Yet, with the most recent BRICS Summit, and the rise of emerging economies, the
Source: egyptianstreets.com
BRICS Summit Presses Forward With De-Dollarization
On this episode of Fault Lines, host Jammarl Thomas and Melik Abdul discussed a number of topics from around the globe, including a preview of the first GOP debate with candidates running for the 2024 presidential elections.
Source: sputnikglobe.com