No More US Dollar: PBOC Is Setting Up Yuan Clearing Arrangements With Brazil
In the latest blow to the US dollar, the Chinese central bank is preparing to set up a yuan payment
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Yuan
Zoltan Pozsar: G7 Investors Should Worry About Gold-Backed Renminbi Eclipsing Dollars, Commodity Encumbrance
Credit Suisse contributor Zoltan Pozsar has continued his ongoing series about Bretton Woods III where commodities will dictate the new world order.
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Russia Bypasses SWIFT, Launches New Yuan Transfer System
It appears that sanctions are not biting Russia as hard as the West had hoped. One of the country’s banks
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Russia: 20% Of Reserves Taken Hostage Via Chinese Yuan And “Very Difficult To Get In A Crisis”
It seems that around one-fifth of Russia’s foreign reserves are taken “hostage” by China as the Moscow’s central bank admitted
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The De-Dollarization Continues: Egypt to Issue $500 Million Worth of Yuan Bonds
The US dollar as the world’s reserve currency is losing its lustre, and rather fast. With China’s economic power rising,
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Is the Dollar Losing its Dominance? Russia Resorts to Yuan Bond Sales to Raise Capital
The West’s choking sanctions against Russia have prompted the former Soviet country to explore alternative currencies to raise capital and
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Ray Dalio: Digital Yuan Will be More Competitive Than Digital Dollar as US Debt Levels Surge
According to Ray Dalio, China’s growing dominance in the global economy will put the yuan a lot closer to becoming
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