Dollar

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Putin Discusses US Dollar Dominance and BRICS Common Currency

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Putin dismissed claims that Russia would abandon the U.S. dollar, downplayed BRICS currency ambitions, and emphasized the dollar’s global dominance. Putin’s Take on US Dollar: Why Russia Isn’t Turning Away Yet Russian President Vladimir Putin addressed speculation regarding Russia’s stance on the U.S. dollar during a speech at the Valdai Discussion Club in Sochi, clarifying … Read more

Global Dollar Network Launches: Crypto Titans Aim to Redefine Payments

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A consortium of crypto and fintech giants is launching the Global Dollar Network for seamless cross-border payments. A New Frontier: Crypto Leaders Launch Global Dollar Network for Payments Leaders in fintech and digital assets announced Monday the launch of the Global Dollar Network, which they described as “an open network designed to accelerate stablecoin usage … Read more

US Dollar’s ‘Death Warrant’? BRICS Power Play Revealed by Russian Officials

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The U.S. dollar has been wielded as a “weapon of oppression,” a Russian official argues, accelerating its decline as the world’s reserve currency as BRICS nations pursue currency alternatives. The US Dollar’s New Fate: Lavrov Claims the End of an Era Has Begun Russian Foreign Minister Sergey Lavrov said Monday that the West has degraded … Read more

Escaping Financial Control: Why BRICS Is Shifting Away From US Dollar System

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Why BRICS nations are moving away from the U.S. dollar system: a Russian official described a strategic shift attracting countries looking beyond Western-led systems. A New Era of Sovereignty: BRICS Shifts From Dollar Dependency for Independence Russian Deputy Foreign Minister Mikhail Bogdanov has explained that BRICS nations are aligning with the organization to reinforce their … Read more