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De-Dollarization? China Completes First Digital Yuan Purchase For Cross-Border Oil Transaction

De-Dollarization? China Completes First Digital Yuan Purchase For Cross-Border Oil Transaction

by Contributing Author | Oct 21, 2023 | Headline News

This article was originally published by Tyler Durden at ZeroHedge.  De-dollarization continues accelerating with news of the Shanghai Petroleum and Natural Gas Exchange (SHPGX), a Chinese-backed exchange for trading energy-related products, settling its first...
U.S. Establishment Admits: “Weaponization” Of The U.S. Dollar Could Backfire

U.S. Establishment Admits: “Weaponization” Of The U.S. Dollar Could Backfire

by Mac Slavo | Apr 17, 2023 | Headline News

The United States Treasury Secretary, Janet Yellen has admitted that the “weaponization” of the U.S. dollar in the form of sanctions, could backfire. But Yellen says that won’t happen until another currency is ready to replace it. The U.S. has...

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