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Economics

russia-actively-discussing-brics-expansion-with-member-nations,-official-reveals

Russia Actively Discussing BRICS Expansion With Member Nations, Official Reveals

A Russian official has revealed that regular discussions are being held between Russia and other BRICS member nations regarding the expansion of the economic group. “This requires a thorough analysis and delicate internal work by the five countries to reach a consensus,” according to Russia’s Foreign Ministry. Member Countries Discuss BRICS Expansion Maria Zakharova, the […]

Russia Actively Discussing BRICS Expansion With Member Nations, Official Reveals Read More »

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Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’

Russian Foreign Minister Sergey Lavrov has spoken on the current shift to national currencies and the de-dollarization international markets are currently experiencing. In a press conference after addressing the UN Security Council on April 25, Lavrov stated this shift could not be stopped, and that the future of traditional international institutions like the International Monetary

Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’ Read More »

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Former President Donald Trump Says US Dollar Is Crashing — Warns ‘We’re Very Close’ to World War III

Donald Trump has warned that the U.S. dollar is crashing and soon will “no longer be the world standard.” The former president of the United States further warned that “we are very close” to a third world war happening. “Joe Biden has led us to the very brink of World War III,” he stressed. Trump

Former President Donald Trump Says US Dollar Is Crashing — Warns ‘We’re Very Close’ to World War III Read More »

robert-kiyosaki-warns-of-economic-chaos,-war-breaking-out,-gold-crashing

Robert Kiyosaki Warns of Economic Chaos, War Breaking Out, Gold Crashing

Rich Dad Poor Dad author Robert Kiyosaki has warned of economic chaos, a war breaking out, hyperinflation, and rising starvation. Commenting on de-dollarization on a “massive scale,” he stressed: “It’s a weaponization of our U.S. dollar against the world … It’s all coming down fast right now.” Robert Kiyosaki on De-Dollarization on ‘Massive Scale’ The

Robert Kiyosaki Warns of Economic Chaos, War Breaking Out, Gold Crashing Read More »

brazil’s-president-lula-voices-support-for-brics-currency

Brazil’s President Lula Voices Support for BRICS Currency

Brazil’s president, Luiz Inacio Lula da Silva, has expressed support for the creation of a BRICS currency. His statement of support comes as the BRICS bloc is gaining global influence, with 19 countries seeking to join the group. Brazilian President Lula Supports BRICS Currency Creation Brazilian President Luiz Inacio Lula da Silva reiterated Wednesday that

Brazil’s President Lula Voices Support for BRICS Currency Read More »

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Russia Calls for Prevention of ‘Full-Scale World War III’ — Official Warns ‘World Tensions Are White-Hot’

A top Russian official has urged all countries to make efforts to ensure that the “threat of global confrontation, of a hot, full-scale World War III” does not materialize. “World tensions are white-hot indeed,” he warned. Russian Official: Full-Scale World War III Should Not Materialize The deputy chairman of Russia’s Security Council, Dmitry Medvedev, urged

Russia Calls for Prevention of ‘Full-Scale World War III’ — Official Warns ‘World Tensions Are White-Hot’ Read More »

brics-currency-will-erode-us-dollar’s-dominance,-former-white-house-economist-warns

BRICS Currency Will Erode US Dollar’s Dominance, Former White House Economist Warns

Former White House economist Joseph Sullivan has warned that a BRICS currency would erode the U.S. dollar’s dominance. If member nations use only a common BRICS currency for international trade, “they would remove an impediment that now thwarts their efforts to escape dollar hegemony,” he described. Former White House Economic Advisor on BRICS Currency and

BRICS Currency Will Erode US Dollar’s Dominance, Former White House Economist Warns Read More »

argentina-debates-dollarization-in-the-midst-of-rampant-devaluation-and-inflation

Argentina Debates Dollarization in the Midst of Rampant Devaluation and Inflation

Javier Milei, a presidential candidate for the next election in Argentina, has presented a dollarization plan to fix the economy of the country if elected. The proposal, which has supporters and detractors, would aim to solve the historic devaluation of the Argentine peso and the 100%+ interannual inflation that Argentina registered in March. Dollarization Surges

Argentina Debates Dollarization in the Midst of Rampant Devaluation and Inflation Read More »

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ECB President Lagarde on De-Dollarization: Reserve Currency Status Should No Longer Be Taken for Granted

European Central Bank (ECB) President Christine Lagarde has warned that the U.S. dollar’s reserve currency status “should no longer be taken for granted.” Acknowledging de-dollarization efforts by various countries, she stressed: “New trade patterns may have ramifications for payments and international currency reserves.” ECB’s Christine Lagarde on De-Dollarization and Alternative Currencies The president of the

ECB President Lagarde on De-Dollarization: Reserve Currency Status Should No Longer Be Taken for Granted Read More »

hillary-clinton-warns-of-‘worldwide-financial-meltdown’-and-dollar-losing-reserve-currency-status-if-us-defaults-on-its-debt

Hillary Clinton Warns of ‘Worldwide Financial Meltdown’ and Dollar Losing Reserve Currency Status if US Defaults on Its Debt

Former U.S. Secretary of State Hillary Clinton has warned that the U.S. defaulting on its debt obligations could lead to a global financial meltdown. “If Congress keeps flirting with default, calls for dethroning the dollar as the world’s reserve currency will grow much louder,” she stressed. Hillary Clinton on U.S. Debt Default and Dollar Losing

Hillary Clinton Warns of ‘Worldwide Financial Meltdown’ and Dollar Losing Reserve Currency Status if US Defaults on Its Debt Read More »