Tag: Dollar
Donald Trump’s Plans for Domination Threaten France and Europe: Bayrou
His return to power leads the French to realize that unity is vital, the French Prime Minister said. On Monday, French Prime Minister François Bayrou warned of the “incredibly domineering” plans of Donald Trump, who will be sworn in as U.S. President today. RELATED: TikTok Restores Its Service in the US by the Guarantees Received […]
January 20, 2025
Brazil Insists on International Trade in Local Currencies in the BRICS
The goal is not to compete with the dollar but to leverage the dynamism of emerging economies, Ambassador Saboia stated. In 2025, Brazil, which holds the presidency of the BRICS, will focus on promoting trade in local currencies among the bloc’s members. The goal is not to compete with the U.S. dollar but to leverage […]
January 8, 2025
The US National Debt Surpassed 35 Trillion Dollars
The federal government’s debt has reached yet another psychological threshold amid widespread concerns. According to data released by the U.S. Treasury Department on Monday, the federal government’s total public debt has surpassed US$35 trillion for the first time, as recorded at the end of last week, equivalent to the combined economic output of China, Germany, […]
August 1, 2024
Brics Announces Plans to Completely Abandon the US Dollar
The Brics is a group of countries interested in the prevalence of international justice, while the West seeks in all ways to stop the multilateralization of the international community to prolong its hegemony.
June 26, 2024
High US Fiscal Deficit Poses Risks to Global Economy
With the U.S. government showing no sign of containing its spending in an election year, economists and observers have warned that high U.S. deficit poses risks to the U.S. and global economy. RELATED: Pro-Palestinian Protests Spread in US Universities First Deputy Managing Director of the International Monetary Fund (IMF) Gita Gopinath said that while high […]