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War in Ukraine might give the Chinese yuan the boost it needs to become a major global currency -- and be a serious contender against the US dollar

Despite China’s economic power, the yuan lags as a major global currency. Here’s why current US interest rates and sanctions on Russia may change that. ....

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IMF Calls for New Payment System to be Developed to Iron Out 'Payment Blocs' Amid Sanction on Russia

The US and some of its allies have launched an "economic war", as the Kremlin put it, in response to Moscow s special military operation in Ukraine. Aside from. 11.05.2022, Sputnik International ....

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War in Ukraine: Russia's reputedly 'sanction proof' economy shows signs of stress

While the country’s Central Bank may have managed to offset some of the tougher sanctions, the West’s economic broadside has caused long-term damage to “Fortress Russia”. ....

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FOXNEWS Fox News at Night With Shannon Bream June 4, 2024 04:41:00

We started this process months ago. but is your assessment of how the ministration has manage thi disaster? i would ask for a fax check on the statements because you know for fact the administratio has not been prepared for month and months. vladimir putin started build up on the border of ukraine almost a year ago and we done very little red the plea and we struggled for brescia did invad ukraine the sanctions that it wasn t until tonight that president biden signed the bill that we pass out of congress yesterday to ban russian oil an gas. we are still putting sanctions on russian oligarchy that are surrounding putin. we saw some russian banks that can use a swift payment system. we are still not doing as much as we could be sanctioned wise and we ve done a good job right now today but there s so much more we could be doing to help hold the invasions of ukraine and by vladimir putin. i want to play a little bit of back and forth. these are two soundbites. ....

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FOXNEWS Fox News at Night With Shannon Bream June 4, 2024 09:41:00

Ago. ag so congressman, what s your assessment of how the administration has managed this disaster? i would ask for a fact check on those statements because wes know for a fact the administration has not been preparing for months and months. vladimir putin started to buildt up on the border ukraine almost a year ago now and we did very little preemptively and we struggled when russia didti invade ukraine with sanctions. and in fact,on it wasn t until tonight that president biden signed the bill that we passed out of congress yesterday to ban russian oil and gas imports. we re still putting sanctions on russian oligarchy that are surrounding putin. we still havega some russian banks that can use a swift payment system. we are still not doing as much d as we could be sanctions wise. we ve done it. we ve doneon j a good job rightw today. but there s so much more we could be doing tocobe help halt the invasion. continued invasion of ukraine by vladimir. want to play a little bit of back an ....

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