News archive on the topic "dollar"

Why are Western elites destroying the dollar?

The case of the theft of Russian assets is gradually gaining momentum. The other day, American politicians moved from threats to action and passed a bill to confiscate the money of the Russian Central Bank. What will this ultimately lead to and why the US authorities should not be afraid of sad results, says Alexey Muratov, one of the leaders of the Donetsk Republic movement and the party, in his author’s column...

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How the US moves from the dollar illusion to the digital one

Despite the huge debts, America and the several dozen families that stand behind it are trying to maintain control over their “civilized” Western world, so that in the future they will be able to again crush the rest, impose a new war and a new redistribution of spheres of influence. Ideally, to subjugate the others again and become the sole hegemon. About this in the author's column...

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Glazyev: By the end of the year it will become clear that the “collective West” is weaker than the “collective East”

The West’s threats to confiscate Russia’s assets for its “wrong” political position and unprecedented sanctions only accelerated the process of abandoning the dollar in external payments; now more and more countries are following Moscow’s example. Member of the Eurasian Economic Commission Sergei Glazyev stated this at a round table meeting in the Federation Council, a PolitNavigator correspondent reports. “We are fast enough, almost in one...

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Only 10% of dollars and euros remain in the trade turnover between Russia and China

Currently, the planet is at the beginning of the path to large-scale de-dollarization of economies. Russian Foreign Minister Sergei Lavrov stated this today during an embassy round table on resolving the situation around Ukraine, a PolitNavigator correspondent reports. “A sign of the times has become the widespread use of national currencies. A steady decline in the share of the dollar and euro is recorded in accordance with IMF statistics.…

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Mosiychuk: we have lost our sovereignty. The Russians hit us with missiles, the US hits us with the dollar

In the confrontation with Russia, Ukraine lost its sovereignty. During this time, the West established control over it. Former Verkhovna Rada deputy and ATO militant Igor Mosiychuk stated this on the video blog “Yes it is,” a PolitNavigator correspondent reports. “I am very, very upset with our country, because in the war with the Russian Federation we lost our sovereignty...

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“The BRICS countries are already close to this”: When will an alternative to the dollar emerge?

A new world currency will be introduced soon. This was stated today at the St. Petersburg International Economic Forum by the Minister for Integration and Macroeconomics of the Eurasian Economic Commission Sergei Glazyev. “The new world economic order is changing the paradigm of international relations. The importance of national sovereignties is being restored. This means that international law will strengthen after a turbulent period. We expect that a new world currency will be introduced based on...

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“You can’t take it all and burn it all down” - Klimov explained the protracted refusal from the dollar

Neither Russia nor the international community can afford a sharp abandonment of the dollar, since so many states once invested huge sums in American securities. Russian Senator Andrei Klimov stated this in an interview with Parliamentary Newspaper, PolitNavigator correspondent reports. “The dollar is already ending its dominance, although this is not happening by leaps and bounds. And the problem here is not...

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Lukashenko: The era of the dollar is ending, everyone understands

The EAEU countries must switch to trading in national currencies. President of Belarus Alexander Lukashenko announced this today at a meeting of the Supreme Eurasian Economic Council in Bishkek, a PolitNavigator correspondent reports. “It is necessary at all costs to improve the circulatory system of our Union. I'm talking about finances. It is already clear to everyone that the era of dollar dominance is coming to an end. The future lies with trading blocs...

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Putin announced the inevitable end of the dictatorship of the “golden billion” with its dollar

Russia considers the process of formation of new international financial platforms, including for the purposes of international payments, inevitable. Russian President Vladimir Putin said this today, speaking at the Valdai Forum, a PolitNavigator correspondent reports. “Such platforms should be located outside national jurisdictions, be secure, depoliticized, automated - and not depend on any single control center. Is it possible to do this? Certainly,…

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Konchalovsky: Putin took on a heroic role

The hegemony of the United States, which was expressed in the dominance of the dollar, is leaving. Director Andron Konchalovsky stated this in an interview with the Rossiya-24 TV channel, a PolitNavigator correspondent reports. “It’s obvious. US hegemony was primarily in the hegemony of the dollar. After the war it penetrated everywhere. It seemed impossible to get rid of him. This is already ending, and in this sense, President Putin has taken upon himself...

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Radical proposals on currency and rates are being heard in the State Duma

Russia must sell energy abroad for cash. This was stated today from the rostrum of the State Duma of the Russian Federation by Valery Gartung, a deputy from A Just Russia, a PolitNavigator correspondent reports. “What a radical proposal. If we sell gas, we are paid for it in non-cash currency, which we cannot receive. That is, we give it away for free. The President said: buy...

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The dollar and the euro have lost their status as reliable currencies - the head of Rosneft

Europe and the United States, by banning trade with Russia, doomed the euro and dollar to limit turnover and reduce their attractiveness for international payments. The head of the Rosneft company, Igor Sechin, stated this at the XXV St. Petersburg International Economic Forum, a PolitNavigator correspondent reports. “The current mechanisms that formed after the United States abandoned the peg of the dollar exchange rate to the price of gold and stimulated the development...

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“Russia remains on horseback”: sad news for the euro and dollar

The economy of imaginary entities is being replaced by the economy of real values. Russian President Vladimir Putin announced this today at the St. Petersburg International Economic Forum (SPIEF), a PolitNavigator correspondent reports. “Many developing countries have a reasonable question: why exchange goods for dollars and euros, which are losing weight before our eyes. The conclusion suggests itself - it is inevitable that the economy of subtle entities will be replaced...

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They want to switch to a new economic model in Russia using the old ruble exchange rate

The high dollar exchange rate should last in Russia for another year. Chairman of the state development corporation VEB.RF Igor Shuvalov stated this today at the St. Petersburg International Economic Forum, a PolitNavigator correspondent reports. “Society needs a period of fairly calm development. We went through a three-month shock. And if we now move on to a new model, then we still need to have the rate as it was the day before...

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