As extra international locations pay for oil in yuan, the standing of the Chinese language foreign money in international finance has grown, an analyst tells RT. Nevertheless, its future path received’t be fully easy, he warns. ...
The European Union is contemplating switching funds from the US greenback to the euro after Washington threatened to focus on European corporations working in Iran, in line with stories. Learn Extra at mysouth.su ...
The re-imposition of US sanctions on Iran and Washington’s risk to punish European corporations for doing enterprise there gives a superb alternative for ditching the greenback, in response to RT’s Keiser Report host, Max Keiser. ...
There is no such thing as a want for Russian and Chinese language companies to pay one another in and euros, after they can settle in rubles and yuan, in response to Zhou Liqun, chairman ...
Moscow and Beijing have been reducing the share of the US greenback in bilateral settlements, as commerce between the nations quickly grows. Learn Extra at mysouth.su
US congressman proposes gold-backed greenback, however does America have sufficient bullion?
Posted On Friday, April 6, 2018 By Russian Opinion. Under Economy Tags: America, bullion, Congressman, Dollar, enough, goldbacked, proposes
Republican Congressman from West Virginia Alex Mooney has proposed a invoice “to outline the greenback as a hard and fast weight of gold.” The issue is that the US could not have sufficient bodily gold to ...
Muammar Gaddafi wished to shatter the dominance of the buck within the Center East by introducing gold-backed dinar, however failed. China has an opportunity to complete what he began, one business skilled has advised RT. ...
An oz of gold will value $ 10,000 as quickly as world currencies crash and central banks must enchantment to a gold-backed financial system, in accordance with Byron King, editor of Jim Rickards’ Gold Speculator. ...
Tehran has introduced that buy orders by retailers which might be based mostly on US forex would not be allowed to undergo import procedures. Learn Extra at mysouth.su ...
Russia seems to be to dump US greenback in settlements with Iran
Posted On Tuesday, February 13, 2018 By Russian Opinion. Under Economy Tags: Dollar, Dump, Iran, looks, Russia, settlements
Moscow and Tehran are persevering with talks on utilizing nationwide currencies in commerce, in keeping with Russia’s Ambassador to Iran Levan Dzhagaryan. Learn Extra at mysouth.su
