Last week we took a “trip” through the de-dollarization process that we characterize as inevitable. Today we will continue the analysis trying to reach some conclusions while considering that it is still not clear what will be the alternative to the dollar as the main currency. Several options are available. One of them will emanate from the decision taken by ...
In previous articles we have said that imperial power is based on three pillars: its great military apparatus, its undoubted superiority in terms of control of the global cultural-media apparatus and the self-granted power of being the holder and sole issuer of the dollar – a currency that plays the role of the main exchange instrument for world trade. In ...
A very important development is taking place to overcome the pessimism of those who have pinned their hopes on the US. The establishment of a fairer world order is no longer a possibility but is becoming a reality step by step. A wave of rebellion is rising that will destroy the eighty-year reign of the Dollar in world trade. The throne ...
By Ana Laura Dagorret / reporting from Rio da Janerio, Brazil * The governments of Brazil and China have advanced in negotiations so that trade and investment between the two countries can be carried out directly between the Real and the Yuan. Said agreement intends to exclude the US dollar as a reference currency in transactions between the two giants, ...
While the Ukraine crisis continues, Washington is trying to increase Western pressure on countries that do not participate in the sanctions against Russia. India is one of these countries that do not join the US-led coalition against Russia, resisting the pressure from the West. With a tradition of the non-alignment movement, India refrained from voting on United Nations resolutions imposing ...