US Dollar – Page 22 – THE OVAL CIRCLE

US dollar hegemony will end in the next decade, banker tells RT’s Keiser Report

Posted on January 10, 2020January 10, 2020By Editor

Central banks have destroyed value in the property markets, the bond markets, and the stock markets, British-American investor Mitch Feierstein says. … Read More >US dollar hegemony will end in the next decade, banker tells RT’s Keiser Report

Iran’s Rouhani Calls on Islamic World to Break Free of ‘Dollar Domination’

Posted on December 19, 2019December 19, 2019By Editor

Earlier this week, Iranian authorities accused the US of resorting to “economic terrorism” by deliberately hindering the country’s access to medicines and medical equipment from abroad. … Read More >Iran’s Rouhani Calls on Islamic World to Break Free of ‘Dollar Domination’

USA

US Treasury chief says sanctions ALTERNATE military conflicts…but it hardly goes well with those sanctioned

Posted on December 15, 2019December 15, 2019By Editor

Sanctions imposed on some stubborn countries are a better option than military conflicts, Steve Mnuchin claimed, just as the US rolled out fresh penalties against Iran and EU firms helping build a German-Russian pipeline. … Read More >US Treasury chief says sanctions ALTERNATE military conflicts…but it hardly goes well with those sanctioned

Gold ready to join ‘all-time-highs club’ as US dollar and equities can’t go up forever – commodity strategist

Posted on December 6, 2019December 6, 2019By Editor

With stock prices consistently breaking new records, a normal reversal is bound to happen sooner or later. That could boost gold to a new all-time high, says Bloomberg Intelligence (BI). … Read More >Gold ready to join ‘all-time-highs club’ as US dollar and equities can’t go up forever – commodity strategist

Venezuela Offers to Pay Companies in Yuan as Workaround to US Sanctions – Report

Posted on November 28, 2019November 28, 2019By Editor

Venezuela’s authorities and the state-run oil and gas giant, PDVSA, are considering paying to suppliers and contracts using the Chinese currency, Reuters reports, citing government officials and sources from private companies. … Read More >Venezuela Offers to Pay Companies in Yuan as Workaround to US Sanctions – Report

Russia is now far less dependent on US dollar or any other foreign currency – central bank

Posted on November 28, 2019November 28, 2019By Editor

Russia is ready to significantly reduce its dependence on foreign financing, Alexander Morozov, chief of the Research and Forecasting department at the Central Bank of Russia, has told RT. … Read More >Russia is now far less dependent on US dollar or any other foreign currency – central bank

Russia

Russia’s holdings of US state debt is 25 times smaller than that of tiny Luxembourg

Posted on November 19, 2019November 19, 2019By Editor

Russia’s holdings of US securities as of September stood at $10.75 billion, recent data from the US Treasury Department shows. Moscow’s total is just a fraction of what small states, like the Cayman Islands and Luxemburg, hold. … Read More >Russia’s holdings of US state debt is 25 times smaller than that of tiny Luxembourg

No doubt America’s debt will soon hit $60 TRILLION – RT’s Keiser Report

Posted on November 19, 2019November 19, 2019By Editor

The growing rivalry between the world’s two largest economies, the US and China, is at risk of becoming a ‘financial war,’ a former Chinese finance minister says. … Read More >No doubt America’s debt will soon hit $60 TRILLION – RT’s Keiser Report

Russia Continues De-Dollarisation as Brussels Considers Creating Pan-EU Payment System

Posted on November 17, 2019November 17, 2019By Editor

Last month, Russia reportedly lost $7.7 billion in foreign exchange reserves after it decided to replace the American currency with euros, yuan and gold. … Read More >Russia Continues De-Dollarisation as Brussels Considers Creating Pan-EU Payment System

Phasing out the dollar: BRICS countries setting up own payment network to cut dependence on Western financial system

Posted on November 15, 2019November 15, 2019By Editor

In past five years, Russia has almost halved its foreign trade payments in US currency, from 92 to 50 percent, said the CEO of Russian Direct Investment Fund (RDIF) … Read More >Phasing out the dollar: BRICS countries setting up own payment network to cut dependence on Western financial system