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Xi of Arabia and the petroyuan drive
Xi Jinping has made an offer difficult for the Arabian Peninsula to ignore: China will be guaranteed buyers of your oil and gas, but we will pay in yuan.
Dec 16, 2022
Say hello to Russian gold and Chinese petroyuan
The Russia-led Eurasia Economic Union and China just agreed to design the mechanism for an independent financial and monetary system that would bypass dollar transactions.
Mar 15, 2022
Global South: Gold-backed currencies to replace the US dollar
The adoption of commodity-backed currencies by the Global South could upend the US dollar’s dominance and level the playing field in international trade.
Jan 19, 2023
Why BRI is back with a bang in 2023
As Beijing’s Belt and Road Initiative enters its 10th year, a strong Sino-Russian geostrategic partnership has revitalized the BRI across the Global South.
Jan 06, 2023
‘Rublegas:’ the world’s new resource-based reserve currency
Rublegas is the commodity currency du jour and it isn’t nearly as complicated as NATO pretends. If Europe wants gas, all it needs to do is send its Euros to a Russian account inside Russia.
Apr 01, 2022
Saudi Arabia considers dumping dollar for yuan in oil sales to China
The Saudi crown prince was quoted earlier this month talking about potentially reducing economic ties with the US
Mar 15, 2022