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Russia And China Prepare To Ditch Dollar In Bilateral Trade

Moscow and Beijing are working on an inter-governmental agreement to expand the use of the ruble and yuan in mutual trade settlements, Russia announced on Thursday.

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Russia And India Ditch Dollar In Military Deals

After several rounds of consultations, it has become clear that a rupee-rouble transfer, pegged to the exchange rate of an international currency, is the solution

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Venezuela Ditches US Dollar, Will Use Euros For International Trade

Venezuela has just taken the next step in its quest to “free” itself from the tyranny of US dollar hegemony…

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European Powers Prepare To Ditch Dollar In Trade With Iran

“…Russian Foreign Minister Sergei Lavrov’s claims that Europe’s three major powers plan to continue trade ties with Iran without the use of the U.S. dollar.”

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World’s Largest Asset Manager Warns: The Dollar’s Days As Global Reserve Currency Are Numbered

If history is any guide, the US dollar’s dominance of the global financial system is already looking a little late in the cycle. In the past, reserve currencies have reigned for roughly 100 years (USD now at 80th year).

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