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Peter Schiff Warns US–China Trade Deal Won’t Stop De-Dollarization or Soaring Deficits
28.10.2025
Peter Schiff cautioned that market enthusiasm, fueled by renewed U.S.-China trade optimism, hides deeper strains, with rising deficits, stubborn inflation, and accelerating de-dollarization undermining confidence in America’s long-term economic foundation. Peter Schiff Warns of Dollar Crisis...
De‑Dollarization Reaches Critical Phase: China’s Yuan Adoption for Cross‑Border Flows Tops 50%
16.9.2025
The de‑dollarization milestone has been reached as China’s yuan benefits from the Trump administration’s uncertain foreign‑economic policy. While still in its nascent stages, the yuan’s internationalization is growing rapidly, doubling its share of international payments since 2022. Milestone...
Digital Currency Showdown: Chinese Tech Giants Plot Yuan Stablecoin Strike Against the Dollar
4.7.2025
Chinese tech giants are urging the central bank to grant them permission to issue yuan-backed stablecoins in a bid to challenge the growing dominance of dollar-based stablecoins. Countering Dollarization of the Digital Economy Chinese tech giants JD.com and Ant Group are reportedly urging...
Yuan vs. Greenback: China’s Quiet Campaign for Financial Supremacy
26.6.2025
Chinese authorities are ramping up efforts to enhance the international status of the yuan and reduce reliance on the U.S. dollar, particularly as confidence in the dollar wanes. Dollar Decline Aids Yuan China is intensifying efforts to elevate the yuan’s international standing and challenge...
China Eyes Faster De-Dollarization With SCO Leadership
5.6.2025
China is turbocharging its de-dollarization push, leveraging its SCO presidency to expand national currency use, supercharge financial cooperation, and champion a bold Eurasian economic realignment. China to Use SCO Presidency to Expand National Currencies and Reduce Dollar Use China is escalating...
Russia–China Foreign Trade Near Dollar-Free: Almost All in Rubles, Yuan
10.5.2025
Russia and China have nearly eliminated the U.S. dollar from their bilateral trade, conducting transactions in rubles and yuan as de-dollarization reshapes global economic power structures. Almost All Russian-Chinese Foreign Trade Operations Now in Rubles and Yuan Following a high-level meeting...
Schiff Urges China to Crash Dollar, Ray Dalio Warns of Global Meltdown, and More — Week in Review
13.4.2025
Schiff urges China to crash Dollar, Ray Dalio warns of global meltdown, Bitcoin set to go ‘Nuclear’, and more in this Week in Review. Week in Review Peter Schiff has urged China to retaliate in the trade war by dumping U.S. dollars and buying gold. Meanwhile, Ray Dalio warns of an impending...
BRICS Eyes Petroyuan for Oil Trade Amid Dedollarization Push, Expert Says
26.9.2024
BRICS nations are considering adopting the petroyuan for oil trade as part of their ongoing dedollarization efforts, according to economic expert Herbert Poenisch. He noted the BRICS group may discuss alternatives to the petrodollar at their Kazan summit. He highlighted Saudi Arabia’s...
BRICS Currency Not on Agenda for Leaders’ Summit — Nations to Focus on De-Dollarization
23.7.2023
The heavily anticipated BRICS currency is not on the agenda to be discussed at the economic bloc’s upcoming leaders’ summit, according to South Africa’s diplomat in charge of BRICS relations. He clarified that the BRICS members will focus on de-dollarization and promoting the use of national...
What is De-Dollarization? Exploring the Shift Away From the US Dollar’s Global Dominance
25.6.2023
From the latter half of 2022 and continuing into 2023, the concept of de-dollarization has gained significant traction, making its mark on the mainstream media. This surge in attention can be attributed to the concerted efforts of BRICS countries such as Brazil, China, and Russia, who...
Russia ‘Actively’ Working on SWIFT Alternatives, Foreign Ministry Official Says
22.5.2023
The Russian Federation is collaborating with partners to link payment systems alternative to the interbank messaging system SWIFT, a representative of the country’s Ministry of Foreign Affairs announced. The work is part of the de-dollarization of the economy, the official indicated. Russia Seeking...
Ron Paul on the Future of the US Dollar: ‘The World Is Clearly De-Dollarizing’
24.4.2023
Ron Paul, the former U.S. presidential candidate and former U.S. congressman, has stated that recent geopolitical events have caused nations to start ditching the U.S. dollar. Paul stated that the debasement of the currency, the manipulation of prices, and sanctions against other nations have made...
Iranian Professor: Saudi Arabia May Join De-Dollarization Shift as US Dollar Is Now ‘Unreliable and Dangerous’
21.4.2023
A University of Tehran professor and member of Iran’s Presidential Delegation to China has stressed the importance of de-dollarization for the international community. “The dollar has been used as a weapon by the U.S. against different countries. It is unreliable and it is dangerous,”...
De-Dollarization: China, Brazil Can Be Instrumental in Building Less Centralized World With No Hegemony, Says Lula’s Adviser
17.4.2023
Brazil’s President Luiz Inacio Lula da Silva’s chief adviser on foreign policy, Celso Amorim, says China and Brazil “are coming closer together” and they could play important roles in building a less centralized world with no hegemony. Commenting on de-dollarization, he stressed:...
Russia and China De-dollarization Approaching ‘Breakthrough Moment’
20.8.2020
China and Russia are collaborating to reduce their dependence on the U.S. dollar. Trade settlements in USD between the two countries have fallen below 50% for the first time. De-dollarization in Russia and China The dollar’s share of trade between Russia and China was only 46% of settlements...