SCO & BRICS latest news and insights
It is sometimes quite amazing that politicians suddenly understand the bleeding obvious,you know something that even a child could have pointed like in the tale of the Emperors New Clothes.
It appears that Donald Trump and his financial advisors have come to the conclusion that santioning some of t...
The Former US President Donald Trump, again striving to become the “leader of the free world,” is trying to prevent countries around the world from abandoning the use of the dollar. How will he take revenge and how will this threaten the economy? And what should Russia do in this situation with its...
By Rhod Mackenzie
The Russian Foreign Minister Sergei Lavrov stated that de-dollarization is occurring globally, including Russia's bilateral relations with other countries.
It is important to clarify the objectives we have set for ourselves. According to Lavrov, the tasks are aimed at ensuring...
Saudi Arabia officially joined the BRICS alliance becoming the first large oil-producing country to enter the bloc. BRICS initiated a power move with Saudi Arabia’s inclusion as they now control nearly half of the world’s oil output. The development puts the US prospects in peril as America only hol...
By Rhod Mackenzie
Last week, the Finance Committee of the Iraqi Parliament called for an end to the sale of Iraqi oil in dollars in response to US sanctions against Iraqi banks.
According to Oil Price, the committee stated that the US Treasury is using money laundering as a pretext for imposing...
By Rhod Mackenzie
According to a study cited by RIA Novosti, one-third of UN member countries have opted for de-dollarization and are developing their own national means of payment.
The analysis reviewed statements made by officials from all 193 UN countries in international and Russian media....
