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Showing posts with the label sanctions

Weaponization of the U.S. Dollar & Global De-dollarization

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The weaponization of the U.S. dollar has become a hot topic in international finance right now, especially after the United States took the dramatic step of freezing about $300 billion of Russian foreign exchange reserves back in 2022. This bold move has set off a chain reaction of currency market volatility and has got many countries seriously questioning U.S. dollar dominance in global trade. At the time of writing, we’re seeing more and more nations actively looking for ways to reduce their dependency on the American currency. Also Read: Trump Moves to Impose 100% Tariff on All Foreign-Made Films How De-dollarization is Affecting Global Markets and Investments in 2025 Source: unimoni.in Dollar Weaponization Through Sanctions Since the Cold War period, the United States has used dollar payments together with their financial network for economic sanctions against nations whose interests differ from American policies. The practice began during the 1950s when the Soviet Union and N...

BRICS: Reasons for the Downfall of the U.S. Dollar

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The downfall of the U.S. dollar has begun as the BRICS bloc is looking to diminish its global stature. The alliance has taken several initiatives to bring the USD down from the world’s reserve and replace it with local currencies. The anger against the American establishment is growing and emerging economies are paving the way for a new financial system. Also Read: BRICS: 3 Countries & 1 Continent Make Bold Plans to Ditch US Dollar The development puts the American hegemony at risk as it is the crossroads of a global change. So why do BRICS and other emerging economies give the cold shoulder to the U.S. dollar? In this article, we will highlight the top two reasons for the downfall of the U.S. dollar. BRICS: Why Is the U.S. Dollar Falling Globally? Source: realmoney.thestreet.com The U.S. dollar is falling globally due to unruly policies taken by the White House against developing countries. In addition, America’s involvement in endless wars and conflicts also aided in its d...

De-Dollarization: How the US Is Helping Chinese Yuan To Succeed

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De-dollarization is the most buzzing word in the global financial sectors across Asia, Africa, and South America. Emerging economies are focusing on lifting their local currencies on the global stage by ending reliance on the US dollar. The US sanctions are what pushed the de-dollarization agenda ahead and China made use of the opportunity to include the Chinese yuan for trade settlements. Also Read: BRICS: Citi Bank Predicts the Future of the US Dollar The development puts the USD in the spotlight as developing countries no longer want to give importance to the currency. Amid the US and Western sanctions on emerging economies, the Chinese yuan is becoming the most used currency in their countries. From Russia to Pakistan and the UAE, the Chinese yuan is being widely accepted as the de-dollarization initiatives advance rapidly. Also Read: JP Morgan CEO Who Said He’ll Fire People Who Buy Bitcoin, Now Holds BTC The Chinese Yuan Benefits From De-Dollarization Source: energyintel.com / rus...