The ‘Made in USA’ tag was once a powerful tool but got sold out to foreign nationals for cheap labor for the cost of their profits. The USD hit a…
BRICS countries are looking to push their local currencies into the top 12 currency list and surpass the US dollar. The attempts to usher the world into a new financial…
BRICS nations are rapidly abandoning the US dollar and encouraging other alliances to do the same. Now, over 90 countries are dropping US dollar for yuan, rupee, and not only.…
The BRICS alliance is advancing in the de-dollarization agenda by cornering the US dollar on the global stage. Local currencies are given prominence while the greenback is being sidelined for…
The BRICS alliance has catalyzed a significant shift away from US dollar debt and toward RMB bonds, and at the same time, Japan buys Russian oil despite various major international…
Key Points:Yellen emphasizes stablecoin regulation for U.S. dollar dominance.Event took place on June 12, 2025.Stablecoins tied to USD face potential regulatory changes.
Janet L. Yellen, U.S. Treasury Secretary, reiterated on June…
The US dollar’s global exceptionalism is under the spotlight as emerging economies are looking to cut ties with the currency. Developing countries want to make the White House a toothless…
De-dollarization is majorly affecting the US economy and is changing the way how the world trades. Cross-border transactions are being settled in local currencies while the US dollar is being…
Major Wall Street banks are now predicting that de-dollarization trends will continue accelerating, and they’re forecasting further weakness in the US dollar ahead. Right now, Morgan Stanley, JPMorgan Chase, and…
The US cannot afford to lose the dollar’s reserve currency status as the reaction would be devastating for the economy. The White House, the Federal Reserve, the US Treasury, and…