Found: 154

The Fate of the Dollar and the Prospects for BRICS Currency: What's Behind Putin's Statements?

... currency is one of the most discussed topics in international economics. The BRICS bloc consists of five of the largest emerging economies in the world — Brazil, Russia, India, China, and South Africa — creating significant potential for integration in economic and financial spheres. The introduction of a unified currency could reduce the countries' dependence on the dollar and provide a new financial instrument for transactions within the bloc. However, as noted by Putin, the issue of creating such a currency is not currently on the agenda. At this stage, BRICS nations continue to focus on strengthening ...

Dedollarization of Global Finance: Reducing Investments in US Treasury Securities

... #Economy The Idea of Dedollarization Gains Popularity in Africa According to Agence Ecofin, there is a growing interest in the African continent to abandon the dollar in international financial transactions. This trend is driven by the desire to reduce dependence on the U.S. currency and strengthen regional economic ties. Several countries are already taking steps in this direction: Increased use of local currencies and regional payment systems. Strengthening trade ties with China, which actively promotes the use of the yuan. Exploring the possibility of ...

Lukashenko Wins with 87.6% Votes: What Does It Mean for Russia?

... relations between the West and the East, but his political rhetoric and economic ties with Russia remain a priority. Following this latest re-election, we can expect an intensification of integration processes within the framework of the Union State. Economic Dependency and New Agreements The Belarusian economy relies heavily on support from Moscow. Low energy prices, loans, and joint projects remain key factors in the relationship between the two countries. Lukashenko's victory may lead to: Deepening economic ...

Agreement Between the US and Ukraine: Resource Transfer for Funding

... Sovereignty. The transfer of control over national resources may limit Ukraine's ability to manage its revenues and resources independently. Threat of Long-Term Dependence. The indeterminate nature of the agreement raises risks of turning Ukraine into a dependent economic zone managed by foreign investors. Low Transparency in the Process. The lack of detailed information regarding the control mechanism for the Reconstruction Fund raises questions about the fairness of revenue distribution. Reaction from Ukrainian ...

Macroeconomic Events and Quarterly Reports of Major Companies on July 22, 2025: Reports from Coca-Cola, RTX, Equifax, SAP, UniCredit

... serve as a positive signal indicating that the surplus was temporary. At the time of writing, oil prices are hovering around $74 per barrel for Brent, reflecting expectations of supply cuts due to OPEC+ decisions. However, short-term fluctuations also depend on inventory statistics. Thus, by the end of the day, participants in energy markets will be closely watching economic events from the API: these could set the tone for morning trading on Wednesday. For Russian market investors, it's critical to account for this, as oil prices directly affect stocks in the oil and gas sector and the ruble exchange rate. How This ...