China Faces a Long Road to De-dollarization
Beijing has become a vocal supporter of the de-dollarization of global trade, but these efforts are doomed to fail unless capital and financial controls are reformed to make the yuan a more practical replacement.
Is BRICS De-Dollarization Program a Step Too Far for India?
India is a key member of a BRICS bloc that increasingly appears committed to advancing de-dollarization, yet doing so will only advance Beijing’s regional and global interests at the expense of New Delhi’s.
Yuan Shortages Latest Headache for Russian Economy
Fearing secondary sanctions, Chinese banks are limiting their involvement with sanctioned Russian businesses. The resulting liquidity crunch is creating new inflationary pressures for the Russian economy.
BRICS De-dollarization: Pipe Dream or Power Play?
There’s certainly a will behind BRICS de-dollarization efforts, but finding a way won’t be easy.
Bitcoin and Global Hegemony
Will cryptocurrencies like Bitcoin renew US hegemony or hasten the process of de-dollarization?
De-dollarization and Emergence of Chinese Yuan
The global financial landscape is undergoing a subtle but significant transformation, one that challenges the long-standing supremacy of the US dollar.
Is the Greenback’s Reign on Borrowed Time?
The greenback’s position as premier reserve currency continues to erode, albeit slowly.
Russia’s National Wealth Fund Ditches US Dollar
Moscow took another step toward de-dollarization this week, the latest in a gradual process that has been unfolding for years.