China is de-dollarizing rapidly. It now uses the renminbi (RMB or yuan) in just over half of cross-border transactions. The dollar's share of bilateral...
The global de-dollarization campaign is gaining momentum, as countries around the world seek alternatives to the hegemony of the US dollar. China, Russia, Brazil,...
BRICS is "developing a fairer system of monetary exchange" to challenge the "dominance of the dollar", South Africa revealed. Saudi Arabia is considering selling...
Economist Michael Hudson discusses the decline of the US dollar, the sanctions war on Russia, his concept of "free-trade imperialism," and financial parasitism.