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The Fate of the Dollar and the Prospects for BRICS Currency: What's Behind Putin's Statements?
... focus on strengthening economic ties and developing mechanisms that will facilitate mutual trade. Creating a unified currency requires a comprehensive approach, including the establishment of a unified financial infrastructure and synchronization of economic and monetary policies, which implies a lengthy and labor-intensive process.
Challenges and Issues in Creating a BRICS Currency
The creation of a unified currency necessitates addressing a number of issues:
Economic Coordination:
The BRICS countries differ from each ...
Will Trump Negotiate with Putin? New U.S. Statements on the War in Ukraine
... for Russia in Europe.
Analysis:
The rising popularity of nationalist movements in Europe could lead to a revision of sanction policies and a weakening of pressure on Russia. If, simultaneously, the USA decreases its level of support for Ukraine, the balance ... ... administration demonstrates readiness for active diplomatic solutions to the conflict.
▪️ It is likely that Washington will use economic and political pressure on both sides.
▪️ A possible compromise could change the West's strategy in relation to Ukraine....
EU on the Brink of Trade War: Macron Warns of Threat from the US and China
The European Union faces a serious risk of trade conflicts, warns French President Emmanuel Macron. At the heart of the disagreement is the trade policies of the US and China, which are putting pressure on European companies and could trigger a full-scale trade war. In this article, we analyze how the escalation of tensions with key economic partners will affect European business and the economy, as well as the risks and opportunities this creates for investors.
The EU on the Brink of a Trade War: What Macron's Warning Means for Investors
Recent statements by French President Emmanuel ...
Economic Events and Company Reports on August 7, 2025: Bank of England Interest Rate, U.S. Tariffs, Reports from Siemens and Toyota
August 7, 2025, will mark a significant date for global markets. On this day, a series of key economic events and major corporate earnings reports are expected. Amidst market instability, the Bank of England's interest rate draws particular attention from analysts: it is anticipated to remain at its current level, which may indicate a cautious ...
ISM Services PMI Beats Forecast; S&P 500 Rises as Fed Remains Cautious
... indicates that labour conditions are stabilising. After a sharp slowdown in hiring in March, service firms appear to be resuming recruitment, albeit tentatively. This partial rebound suggests that while companies remain careful about payroll expansion amid economic uncertainties and rising wage costs, the worst of the service-sector job pullback might be over for now. Any return of the employment index to above 50 in coming months would signal net job growth in services – a development that would further ...