"The main thing is to make sure it is convenient for governments, common people and businesses, as well as cost-effective and free of politics," he said. CHINA-DOMINATED BLOC OFFERS IRAN, SAUDI ARABIA MEMBERSHIP IN MOVE THAT SEEKS TO UNDERMINE US Russian President Vladimir Putin, left, ...
The goals of Trump’s foreign policy are obtuse, subject to stimuli known only to him — examples include his unexplained enthusiasm for Saudi Arabia, and his complete hostility to everything done by President Barack Obama, including the Cuba opening. The results, though, are not in doubt: gl...
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Ukraine has removed barriers to the export of some agricultural commodities, imposed last year to prevent food shortages, in a bid to boost foreign currency income, its government said on Tuesday. The country introduced export licences in 2022 to protect food supplies after agricultural production wa...
Noted geopolitical and financial writer, F. William Engdahl,writesover atNew Eastern Outlook, that Russia and China – with their steady purchases of gold – appear to be slowly putting in place the foundation of an alternative international trade currency based in Eurasia: ...
The huge trade surplus was thanks to strong export growth during the first quarter of 2022, as a weak Chinese currency and rising prices of goods helped boost the value of exports. However, the trend started to shift in October. Exports dropped 0.3% that month, th...
is using Chinese currency in a new liquefied natural gas trade. China and Saudi Arabia are now major business partners and again, etc., etc., etc.. This is happening around the world and all of it is shutting out the U.S. dollar and it's happening a lot faster than anybody could ha...
Saudi Arabia has signalled it will stand by Russia as a member of the Opec+ group of oil producers despite tightening western sanctions on Moscow and a potential EU ban on Russian oil imports. Prince Abdulaziz bin Salman, the energy minister, told the Financial Times that Riyadh was hoping “...
Emerging Markets: The Parts of Russia's GDP How OPEC (and Non-OPEC) Production Affects Oil Prices BRICS: Acronym for Brazil, Russia, India, China, and South Africa CURRENT ARTICLE The Economy of Canada Currency & Exchange Rates Cryptocurrencies and Global Trade Commodities...