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US dollar hegemony

Argentina And Brazil To Cut Reliance On U.S. Dollar And Create Common Currency

Citing officials, the Financial Times said on Sunday: Brazil and Argentina plan to create a common currency. By Countercurrents Collective According to the newspaper, this move could finally create the world’s second-largest currency bloc with roughly 5% of global GDP, if the…

Trump’s Brilliant Strategy to Dismember U.S. Dollar Hegemony

Russia and China have already moved to create a shadow bank-transfer system in case the United States unplugs them from SWIFT. Germany, France and even the U.S. poodle Britain joined to create INSTEX — Instrument in Support of Trade Exchanges.…

Saudi Arabia gets a friend in need – Russia

OCTOBER 22, 2018 BY M. K. BHADRAKUMAR It goes without saying that oil has been central to military power and economic life in modern history. Control of oil has been a key source of power and policy in the Cold War. There…