Tag: de-dollarization

Trump’s nationalist, protectionist trade policies threaten to heighten tensions with China.

Even if BRICS+ does launch its common reserve currency, Mr Trump cannot impose a 100% duty.

The U.S. has long abused its monetary policy, putting its interests first and enjoying the benefits while other nations bear the brunt.

This is where the U.S. dollar scores very high, despite the U.S. drowning in global debts.

'Brics-11' contains two U.S. allies: Saudi Arabia and the United Arab Emirates.

U.S. budget deficits are soaring, and the national debt seems to be out of control.

An enlarged BRICS group would create a geopolitical coalition with the power to accelerate de-dollarization.

Until the BRICS ... countries can find a credible alternative to the dollar, the greenback’s dominance will not really be in doubt.

[T]he first warning to Washington: Political polarization has led to inadequate governance.

Increasingly more countries ... are calling for the use of a currency other than the dollar in trade.

In recent times, the sub-Saharan region, including Tanzania, has faced the challenge of dollar scarcity.

[T]he United States has used the dollar as a weapon.