De-dollarization continues owing to politicization of the USD by the US government as a foreign policy tool. US economic warfare is also driving a closer Sino-Russian alliance, including military and technology sharing, as well as renewing the arms race. Cold War 2.0 is on, and the parties are setting up for it to last.Sputnik International (Russian state-sponsored media)Russia Prepares to Transfer All Currency Liquidity From Dollar to EuroTransition From Dollar in Int'l Settlements Happens Naturally, Russian Finance Ministry SaysHead of Russia's Roscosmos Believes US Could Introduce New Sanctions Later in 2021TASS (Russian state media)Russia is preparing for possible disconnection from payment systems — Foreign MinistrySanctions against Russia will remain forever — diplomaRussia ready
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model
Mike Norman writes The Accursed Tariffs — NeilW
Mike Norman writes IRS has agreed to share migrants’ tax information with ICE
Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius
Sputnik International (Russian state-sponsored media)
Russia Prepares to Transfer All Currency Liquidity From Dollar to Euro
Transition From Dollar in Int'l Settlements Happens Naturally, Russian Finance Ministry Says
Head of Russia's Roscosmos Believes US Could Introduce New Sanctions Later in 2021
Russia is preparing for possible disconnection from payment systems — Foreign Ministry
Sanctions against Russia will remain forever — diploma
Russia ready for dialogue with NATO, insists on military experts’ participation
Russia-China trade in Jan.-May up by 23.6% hitting $50.65 billion — Chinese customs
Putin vows deeper China ties under $200 bln trade goal