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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.