Following the Saudi Arabia’s exit from the petrodollar deal, one would wonder what would propel Saudi Arabia to exit this deal after such a long time. Could it be a coincidence that this exit also happen to clash with Saudi Arabia’s new membership with BRICS. What then would this mean for the future of the US dollar?
XingChiSerbia may join BRICS, diversifying the alliance. Its economy is forecasted to grow, but structural reforms are needed. BRICS aims to reshape global trade.
SanyaRussia's plan to expand BRICS to 40 nations challenges Western economic dominance, signaling a major shift in global power dynamics.
SanyaBRICS nations are spearheading a strategic de-dollarisation movement, challenging the long-standing dominance of the US dollar in global trade and signalling a transformative shift in the traditional financial order.
JasperBRICS nations unveils plans for their collective currency, shaping the future of global finance.
Hui XinBRICS accelerates de-dollarisation efforts with digital Yuan amid expanding influence.
Hui XinThis comes as part of company-wide layoffs that are expected to see around 7,000 leave the company over the next two months.
decryptCryptocurrency conglomerate Digital Currency Group has informed its shareholders the firm is suspending dividends until further notice.
CoindeskThe unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.
CoindeskGoogle's cloud computing division recently announced that it is establishing a new unit that will build tools to support Web3 ...
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