Catenaa, Monday, June 23, 2025-Ahead of the BRICS summit set for July 6–7 in Rio de Janeiro, member states are expected to push for increased trade in national currencies while shelving, for now, discussions on a common currency, diplomats said at a forum Friday. Speaking at a conference co-hosted by Brazil’s embassy and the Centre […]

Catenaa, Monday, May 12, 2-25- A wave of de-dollarization could hit global markets as BRICS nations and Asian economies consider shedding an estimated $2.5 trillion in US dollar reserves, according to financial insights shared with Bloomberg by Stephen Jen, head of Eurizon SLJ Capital. The move is seen as part of a broader shift favoring […]

Catenaa, Thursday, June 18, 2025- A growing number of global exporters are abandoning the US dollar in favor of local and regional currencies, signaling a potential shift in global trade norms and raising alarms about the dollar’s long-standing dominance in international commerce. US importers report that suppliers abroad are increasingly demanding payments in euros, Chinese […]