Tag #De-Dollarization

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gr.euronews.com
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Gold Price Hits Record High Amidst US Dollar Uncertainty

On Tuesday, gold reached a record high of $3,508.50 per ounce, driven by anticipated US Federal Reserve interest rate cuts and investor uncertainty, highlighting a potential shift away from the US dollar as a global reserve currency.

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40% Bias Score

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dw.com
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Trump's Tariffs Unwittingly Unite BRICS Nations

Donald Trump's tariffs on BRICS nations (ranging from 30% to 145%) have inadvertently strengthened their unity, leading to increased bilateral trade in national currencies and a move toward de-dollarization, despite internal divergences.

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40% Bias Score

Reduced Inequality
german.china.org.cn
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China further reduces US Treasury bond holdings amid concerns over dollar dominance

China decreased its US Treasury bond holdings by $900 million in May to $756.3 billion, the lowest since February 2009, driven by concerns about the dollar-based system, geopolitical tensions, and the recent US credit rating downgrade, leading to a strategy of diversification into non-dollar assets ...

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36% Bias Score

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theguardian.com
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De-Dollarization Gains Momentum as Global Trust in US Currency Erodes

The US dollar's global dominance is waning as BRICS nations, Africa, and parts of Europe increasingly move toward using national currencies for trade, spurred by declining trust in US financial policies and the weaponization of the dollar.

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48% Bias Score

Reduced Inequality
dw.com
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Trump Threatens Tariffs on BRICS-Supporting Nations

US President Trump is threatening 10 percent tariffs on nations supporting the BRICS group's challenge to the US dollar, as the BRICS summit concludes in Rio de Janeiro; the 90-day pause on higher tariffs expires July 25th, impacting dozens of countries.

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44% Bias Score

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europe.chinadaily.com.cn
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China-ASEAN+ Model: Indonesia's Strategic Path to Economic Autonomy

The inaugural ASEAN-China-GCC Summit in May 2025 launched the "China-ASEAN+" model, a trilateral economic alliance fostering South-South partnerships to counter rising protectionism; this $25 trillion economic zone, involving over 2 billion people, is already generating tangible results, such as Ind...

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56% Bias Score

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dw.com
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Trump's Tariffs Inadvertently Strengthen BRICS Unity

Donald Trump's higher tariffs on BRICS nations, including a potential 145% tariff on China and 50% on India and Brazil, have unexpectedly strengthened the bloc's economic cooperation through bilateral trade deals in national currencies and increased gold purchases, challenging US global dominance.

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44% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
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China's Measured Response to Iran-Israel Ceasefire: Diplomacy, Diversification, and a New Model of Leadership

After the June 24 Iran-Israel ceasefire, China responded with measured diplomacy, emphasizing UN support and international law, contrasting with US actions; China's energy diversification strategy, including increased imports from non-Gulf sources, reflects a broader move toward multipolar stability...

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europe.chinadaily.com.cn
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BRICS Currency Cooperation: A Long-Term Strategy for Financial Sovereignty

BRICS nations are cooperating to gradually reduce their reliance on the US dollar in international trade and finance, aiming for long-term financial sovereignty rather than immediate de-dollarization, driven by concerns about US use of its financial power.

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44% Bias Score

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europe.chinadaily.com.cn
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ASEAN's De-Dollarization: A Shift to Local Currencies and the Yuan

Driven by geopolitical uncertainties and currency volatility, ASEAN nations are increasingly using local currencies and the Chinese yuan for cross-border payments, reducing reliance on the US dollar and facilitated by initiatives like regional cross-border payment systems and currency swap agreement...

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40% Bias Score

Reduced Inequality
usa.chinadaily.com.cn
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Indonesia Leverages China-ASEAN+ Model for Economic Autonomy

The China-ASEAN+ model, a trilateral alliance between China, ASEAN, and the Gulf Cooperation Council, is emerging as a vital counterweight to rising protectionism, with Indonesia leveraging it to secure long-term LNG contracts in rupiah or renminbi, reduce reliance on the dollar, and enhance its geo...

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52% Bias Score

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africa.chinadaily.com.cn
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Indonesia Leverages China-ASEAN+ Model for Economic Autonomy

The inaugural ASEAN-China-GCC summit launched the "China-ASEAN+" model, a $25 trillion economic zone countering protectionism; Indonesia leverages this to boost economic autonomy via projects like a $6 billion electric vehicle battery complex and local currency settlements, mitigating US-China trade...

Progress

48% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 29 results