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Putin can't attend the BRICS summit for fear of arrest, but he couldn't pass up taking potshots against the West and the US dollar via tape

Tue, 08/22/2023 - 23:44

Tech Insider : Economy, Politics

Russian President Vladimir Putin speaks to the Brics Business Summit via a prerecorded video on August 22, 2023 in Johannesburg — Russian President Vladimir Putin railed at Western-led sanctions in a prerecorded speech at the BRICS summit.
Per-Anders Pettersson/Getty Image

economy, Markets, politics, BRICS, Russia, Putin, De-Dollarization

China-based BRICS bank aims to de-dollarize debt by expanding local currency lending

Tue, 08/22/2023 - 11:19

A worker arranges a signboard of the 15th BRICS summit outside the Sandton Convention Center in Johannesburg, South Africa, Aug. 17, 2023. The 15th BRICS summit is to be held in Johannesburg, South Africa, on Aug. 22-24. — A worker arranges a signboard of the 15th BRICS summit outside the Sandton Convention Center in Johannesburg, South Africa, Aug. 17, 2023. The 15th BRICS summit is to be held in Johannesburg, South Africa, on Aug.

Markets, mi-exclusive, Lending, Development, emerging-markets, BRICS, India

Over 40 countries sick and tired of the Western-led world order are clamoring to join a group where China and Russia are members

Tue, 08/22/2023 - 00:11

Tech Insider : Economy, Politics

A worker arranges a signboard of the 15th BRICS summit outside the Sandton Convention Center in Johannesburg, South Africa, Aug. 17, 2023. The 15th BRICS summit is to be held in Johannesburg, South Africa, on Aug. 22-24. — South Africa is hosting the BRICS summit this week.
Zhang Yudong/Xinhua/Getty Images

economy, politics, BRICS, brazil, Russia, India, China

India's central bank urges lenders to de-dollarize trade with the UAE using local currencies

Mon, 08/21/2023 - 10:37

Tech Insider : Economy

India rupee money cash — A trader counts new 2,000-rupee notes at a wholesale vegetable market in Bangalore, India
AP Photo/Aijaz Rahi

Markets, mi-exclusive, Rupee, united-arab-emirates, India, Currency, De-Dollarization

The idea of a BRICS common currency is almost 'embarrassing', says the economist who named the group

Tue, 08/15/2023 - 06:59

US dollar notes — CFOTO/Future Publishing via Getty Images

Markets, MI Exclusive, De-Dollarization, Currencies, BRICS, Dollar, Forex News

De-dollarization will be a vicious cycle as hyperinflation leads to higher rates that will further erode the greenback's power, think tank says

Mon, 08/07/2023 - 14:16

FILE PHOTO: An employee of a bank counts US dollar notes at a branch in Hanoi, Vietnam May 16, 2016. REUTERS/Kham — FILE PHOTO: An employee of a bank counts US dollar notes at a branch in Hanoi
Reuters

Markets, MI Exclusive, Dollar dominance, De-Dollarization, US Dollar, US dollar index, USD

'Rich Dad Poor Dad' author Robert Kiyosaki says there's one event looming in coming weeks that will accelerate de-dollarization of the global economy

Fri, 07/28/2023 - 10:30

Tech Insider : Economy

The Rich Dad Channel/YouTube

Markets, Robert Kiyosaki, Rich Dad Poor Dad, Dollar dominance, De-Dollarization, US Dollar, dollar war

Despite all the hype around de-dollarization, the greenback still reigns supreme

Fri, 07/21/2023 - 05:22

dollar — Interest in dedollarization has surged this year – but the greenback's dominance isn't waning.
Murad Sezer/Reuters

Markets, MI Exclusive, Currencies, De-Dollarization, US Dollar, Dollar dominance, Chinese yuan

What is de-dollarization? Here's everything you need to know about rival countries' efforts to dethrone the greenback

Wed, 04/26/2023 - 08:18

putin xi — China and Russia have spearheaded the de-dollarization movement over the past year.
Kim Kyung-Hoon/Reuters

Markets, MI Exclusive, Currencies, US Dollar, Dollar dominance, De-Dollarization, China

Billionaire investor Stanley Druckenmiller shorts the dollar after 'biggest miss of my career' on Fed rate view and weaponized currency fears

Tue, 04/25/2023 - 15:19

Stanley Druckenmiller — Stanley Druckenmiller.
Photo by Neilson Barnard/Getty Images for New York Times

Markets, MI Exclusive, Stanley Druckenmiller, Dollar dominance, Recessions, Interest Rates, Russia Sanctions

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