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Tag: common currency

10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies

The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local...

10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies – Economics Bitcoin News

The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of...

BRICS Leader Says Talks on New Global Currency Incoming As Countries Question US Dollar Reliance: Report

South Africa’s foreign minister says a group of economically-aligned nations known as BRICS will examine whether a new global currency would effectively allow them...

ECB Raises Interest Rates by 25bps Amid ‘Too High’ Inflation, ‘No Pause,’ Lagarde Says

The European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from previous increases. However, as inflation...

Russian Official Expects Agreement on BRICS Currency This Year

The chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can be reached in 2023...

Putin: US Policies Will Backfire, Russia to Expand Relations With Countries in Eurasia, Africa, Latin America

Russia’s president, Vladimir Putin, has slammed the actions of the elites in the U.S. and Europe, stating that they do not always act...

Russia Actively Discussing BRICS Expansion With Member Nations, Official Reveals

A Russian official has revealed that regular discussions are being held between Russia and other BRICS member nations regarding the expansion of the...

Anti-Russia Sanctions Will Trigger Global Economic Crisis, Russian Official Warns

Russia has warned that existing and new anti-Russia sanctions imposed by the U.S. and other Western countries will lead to a global economic...

BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit: Report

The BRICS nations are reportedly working on developing a new form of currency, which is expected to be discussed at the next BRICS leaders’...

A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking

Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in...

Nouriel ‘Dr. Doom’ Roubini Warns About Demise of US Dollar

Nouriel Roubini, an economist known as “Dr. Doom,” has warned about the demise of the U.S. dollar and the rise of a “bipolar”...

Elon Musk Praises Reports on Latam Common Digital Currency: ‘Probably a Good Idea’

Elon Musk, CEO of Twitter, SpaceX, and Tesla, has given his opinion about the latest reports on the creation of a common currency...

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