Socio-Economics History Blog
Socio-Economics History Blog
Day: March 30, 2023
China, Brazil Strike Deal to Ditch Dollar for Trade
China, Brazil Strike Deal to Ditch Dollar for Trade by https://www.malaymail.com/ BRASILIA, March 30 — China and Brazil have reached a deal to trade in their own currencies, ditching the US dollar as an intermediary, the Brazilian government said Wednesday, Beijing’s latest salvo against the almighty greenback. – The deal will enable China, the top …
Mexican President Brands Americans as ‘Liars’
Mexican President Brands Americans as ‘Liars’ by https://www.rt.com/ Washington believes it’s the “government of the world,” Andres Manuel Lopez Obrador has claimed – Mexican President Andres Manuel Lopez Obrador has bristled over his government being accused by the US State Department of human rights abuses, and dismissed his country’s neighbors to the north as “liars.” …
De-Dollarization Just Got Real
De-Dollarization Just Got Real by John Rubino, https://rubino.substack.com/ Since the 1970s it’s been virtually impossible for a country to function without access to US dollars. And Washington maintained this highly-favorable status quo by putting various kinds of pressure — from sanctions to election theft to outright invasion — on anyone who stepped out of line. …
Key Asian Bloc ASEAN Looking to Dump Dollar And Euro – Media
Key Asian Bloc ASEAN Looking to Dump Dollar And Euro – Media by https://www.rt.com/ The ASEAN economic union reportedly wants to protect transactions from “possible geopolitical repercussions” – The Association of Southeast Asian Nations (ASEAN) is set to discuss dropping the US dollar, euro, yen and pound sterling from transactions and moving to settlements in …