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It’s unclear if Trump’s new threat would impact those talks. Trump earlier this year threatened to place a “100% tariff” on “seemingly hostile” member countries if they supported a shared currency.
After years of dominance, only 23pc of global fund managers now prefer US stocks following Trump’s ‘chaotic’ economic policies ...
Despite concerted efforts by major emerging economies, genuine de-dollarisation remains not merely difficult but fundamentally impossible in the foreseeable future.
The once almighty American dollar has been falling against almost every major currency ever since Donald Trump became the ...
Rio Declaration shows that BRICS’ collective challenge to the imperial architecture of global finance has weakened the ...
Economists told Newsweek that the decline is due to a confluence of factors, and a broad downgrade in America's economic ...
Pakistan conflict, China’s support for the latter, and China’s growing footprints in South Asia – clearly aimed at ...
Donald Trump has criticized the BRICS economic alliance, accusing it of attempting to undermine the dominance of the U.S.
New Delhi’s core demand: build alternatives that are interoperable and don’t just replace the US dollar with another hegemon ...
BRICS countries have no desire to replace the US dollar, but rather trade in national currencies with other member and partner countries in a viable alternative, said Russian Deputy Foreign Minister ...
As de-dollarization gains momentum, rising central bank gold purchases and widening currency swings signal that investors ...
Investors express concerns over Trump's tariffs on BRICS nations, viewing them as a tactic to counter China's growing ...