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Global finance is entering a transformative phase as the U.S. dollar’s supremacy unravels, opening explosive opportunities for emerging currencies and signaling a seismic portfolio realignment. Devere CEO Warns: The US Dollar’s Era of Unquestioned Power Is Slipping Away Financial advisory firm Devere Group CEO Nigel Green cautioned on May 5 that global investors are dangerously … Read more
BRICS nations are turbocharging their break from Western-dominated finance, advancing local currency trade, cross-border payment systems, and groundbreaking investment platforms to empower the Global South. BRICS Ministers Push Local Currencies, Cross-Border Payment Plan, and New Investment Platforms Foreign ministers from the BRICS countries highlighted their commitment to shifting away from reliance on dominant global currencies … Read more
BRICS trade just hit a seismic milestone — over 65% now in national currencies as the bloc accelerates its exit from the U.S. dollar. BRICS Pushes Dollar Aside, Eyes Next-Level Financial Sovereignty Russian Foreign Minister Sergey Lavrov announced on Monday in Rio de Janeiro that trade between BRICS nations is increasingly shifting away from the … Read more
BRICS is surging ahead with unstoppable momentum, rapidly abandoning the U.S. dollar, building resilient payment systems, and forging a historic new economic frontier beyond Western control. Lavrov Confirms BRICS Ditching US Dollar Fast Russian Foreign Minister Sergey Lavrov has highlighted the growing use of national currencies among BRICS members in place of the U.S. dollar … Read more
Goldman Sachs warns the dollar is set to tumble as aggressive tariffs and slowing U.S. growth erode investor confidence and threaten its long-held global dominance. Goldman Sachs Sees Dollar Losing Ground Fast With Tariffs and Growth Stalling Out Growing concerns over U.S. trade strategy and a slowing economy are casting a shadow over the dollar’s … Read more
Schiff urges China to crash Dollar, Ray Dalio warns of global meltdown, Bitcoin set to go ‘Nuclear’, and more in this Week in Review. Week in Review Peter Schiff has urged China to retaliate in the trade war by dumping U.S. dollars and buying gold. Meanwhile, Ray Dalio warns of an impending once-in-a-lifetime global economic … Read more
BRICS is accelerating its break from Western financial dominance with a game-changing payment system that could soon welcome non-members, challenging SWIFT’s global stronghold. Lavrov Expects BRICS Alternative to SWIFT to Be Open to Non-Members Russian Foreign Minister Sergey Lavrov, addressing journalists in Almaty on April 11 after a Commonwealth of Independent States (CIS) Council of … Read more
The U.S. dollar’s reign as the world’s safe-haven currency is under threat, an expert warns, citing inflation, tariffs, and fading global trust in U.S. leadership. US Dollar Could Lose Global Throne With Inflation Rising and Allies Backing Away A major shake-up to the global financial order could be looming, according to Nigel Green, CEO of … Read more
Deutsche Bank has issued a warning regarding the potential risks to the U.S. dollar’s status as a global reserve currency, citing concerns over the reliability of the Federal Reserve’s liquidity backstop, particularly its dollar swap lines. In light of informal discussions among European central banking officials about the Fed’s commitment to providing support during market … Read more
Olufemi Adewole, Executive Secretary of DAPPMAN, warns that Nigeria’s Naira-for-crude oil transaction framework could destabilize foreign exchange (FX), deter foreign direct investment (FDI), and worsen economic challenges. He highlights the volatility of the Naira and stresses that crude oil transactions traditionally rely on the U.S. dollar for stability and global acceptability. Adewole cautions that deviating … Read more
