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November 18, 2024
Economy

'Save yourself if you can': More countries are seeking ways to dump the US dollar – Kremlin

September 18, 2018 at 02:03 PM
Countries around the globe are trying to find ways of substituting the US dollar in trade, according to Russian presidential spokesman Dmitry Peskov. Read More »

No lessons learned: Next financial crisis to be much worse with US dollar collapse – Peter Schiff

September 17, 2018 at 02:48 PM
A decade after the global financial crisis, the world is facing another crash even bigger than the one in 2008, veteran stock broker Peter Schiff, CEO of Euro Pacific Capital, told RT. Read More »

Russia can completely dump US dollar in 5 years – snr lawmaker

September 17, 2018 at 10:26 AM
The head of the Russian Lower House Committee for Financial Markets has backed a plan to completely stop using the US dollar, noting that the program can be completed in three to five years. Read More »

Decade after financial crisis JPMorgan predicts next one’s coming soon

September 17, 2018 at 10:24 AM
With the 10th anniversary approaching of the catalyst for the last major global stock market crash – the Lehman Brothers’ collapse – strategists from JPMorgan are predicting the next financial crisis to strike in 2020. Read More »

America’s $20 trillion debt makes US dollar a risky asset – Putin

September 13, 2018 at 03:09 PM
There is a global trend among countries reducing the share of the dollar in international settlements, Russian President Vladimir Putin said at the Eastern Economic Forum in Vladivostok. Read More »

Hong Kong tops New York as home to world’s wealthiest individuals

September 12, 2018 at 04:52 PM
A study by research firm Wealth-X has found that the number of ultra-rich people rose 13 percent worldwide in 2017, totaling about 256,000 individuals with combined assets of $31.5 trillion. Read More »

Iran, Russia, Turkey Discussed Non-Dollar Trade at Summit in Tehran - Reports

September 12, 2018 at 10:39 AM
MOSCOW (Sputnik) - Iranian Central Bank Governor Abdolnaser Hemmati has discussed a possible replacement of the US dollar by national currencies in trade transactions with Turkish and Russian representatives at the recent trilateral summit of the Syrian ceasefire guarantor states, local media reported. Read More »

North Korea May Enter European Markets Through Cooperation With Moscow – Embassy

September 07, 2018 at 10:33 AM
MOSCOW (Sputnik) - North Korea may enter the European markets thanks to cooperation with Moscow, Seoul considers it a good step, South Korean Embassy's Trade-Investment Promotion Agency (KOTRA) Director General Kim Jong-kyung has said. Read More »

Paraguay cancels embassy move to Jerusalem, Israel responds by closing its embassy in Paraguay

September 06, 2018 at 02:08 PM
Paraguay will return its embassy in Israel to Tel Aviv, after the country’s previous government relocated it to Jerusalem in May. Read More »

Turkey’s Erdogan calls on global trading partners to smash US dollar’s ‘monopoly’

September 04, 2018 at 03:32 PM
Turkey will pursue non-dollar transactions in trade and investment with other countries, President Recep Tayyip Erdogan said in response to US sanctions. He compared the US’ behavior towards his country to “wild wolves.” Read More »
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