marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
sanctions
12/06/2024
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By Ethan Huff
New BRICS banking system will render Western sanctions on Russia USELESS
Former chancellor of Exchequer (British revenue collector) Lord Lamont of Lerwick is warning the world that if BRICS creates its own separate banking system separate from the U.S. dollar, all Western sanctions against Russia and its allies will be rendered completely useless. With growing talk about the BRICS countries – Russia, China, India, Brazil and […]
11/11/2024
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By Ethan Huff
Western sanctions on Russia won’t work; they’re only making BRICS stronger
Efforts by the United States and its Western allies to punish Russia with sanctions are failing as the BRICS alliance grows stronger. The recent BRICS Summit in Kazan demonstrated that trying to isolate Russia in this manner in 2024 is a bit outdated. It turns out that Russia has many more supporters on the world […]
10/28/2024
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By Cassie B.
Russia rolling out blockchain payments in BRICS to move away from dollar
Russia is making another push to its fellow BRICS nations to move away from the U.S. dollar. BRICS is rapidly growing, expanding from the original nations that help form its name of Brazil, Russia, India, China, and South Africa to encompass 10 countries, adding Egypt, Ethiopia, Iran, Saudi Arabia and United Arab Emirates to its […]
10/25/2024
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By Richard Brown
Putin to showcase Russia’s global alliances at BRICS summit
Vladimir Putin is set to showcase Russia’s global alliances at the ongoing BRICS summit amid international condemnation over the country’s offensive in Ukraine. Leaders representing around 40 percent of the world’s population, including Chinese leader Xi Jinping and Indian Prime Minister Narendra Modi, are joining the BRICS summit hosted by the Russian city of Kazan. […]
10/01/2024
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By Ava Grace
BRICS announces new payment system for cross-currency exchanges, dealing a SERIOUS BLOW to the dollar
The BRICS bloc has announced a new payment system for cross-currency exchanges, part of its long-term plan to move away from the dollar. Russian Foreign Minister Sergey Lavrov announced that the nine-member group is working toward the creation of the new payment system without the integration of the U.S. dollar called BRICS Pay. He added […]
09/06/2024
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By Ethan Huff
GOODBYE, WEST: India considers using Russia’s SWIFT alternative for trade settlements
Dedollarization efforts are moving forward as the Reserve Bank of India (RBI) considers joining the new System for Transfer of Financial Messages (SPSF) settlement system created by Russia after the Belgium-based SWIFT network banned Russia from participation over Moscow’s invasion of Ukraine. India could start using this Russian alternative system to conduct rupee-ruble trade settlements, […]
08/27/2024
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By Ethan Huff
Western sanctions on Moscow INEFFECTIVE – U.S. in “agony” that Putin is winning
The United States is no threat against Russia despite how many sanctions it tries to impose to stop Moscow from completing its special military operation in Ukraine. According to Russian Ambassador to the U.S. Anatoly Antonov, the more Washington tries to punish Russia with sanctions, the more the world can see their ineffectiveness, which has […]
08/20/2024
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By Kevin Hughes
Russia expands hydrocarbon exports to China, cements position as largest oil supplier to Chinese market
The Russian government announced on Monday, Aug. 19, that the country is expanding its hydrocarbon exports to China. “Strategic cooperation in the energy sector is deepening. The volume of Russian hydrocarbon exports to China is increasing. Russia is the largest supplier of oil to the Chinese market and also occupies a leading position in the export of […]
07/26/2024
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By Kevin Hughes
Vladimir Putin praises digital ruble, calls for CBDC’s widespread use in Russia
Russian President Vladimir Putin recently praised the “efficiency and functionality” of the Central Bank of Russia’s central bank digital currency (CBDC) and instructed his government to get ready for the extensive launching of the digital ruble. According to a Substack report from American writer and journalist Riley Waggaman, writing under the moniker Edward Slavsquat, Putin has […]
07/12/2024
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By Cassie B.
America’s sanctions will put an end to U.S. dollar dominance, entrepreneur warns
U.S. sanctions are killing the American dollar’s longstanding global dominance, a Russian entrepreneur is warning, and the growing power of the BRICS coalition shows just how serious much of the world is about moving away from the greenback. In a recent interview with Tucker Carlson, the founder of Russian fertilizer producer EuroChem, Andrey Melnichenko, explained […]
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