Total:7
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2023-08-28 23:04
By Ali Karbalaei
What can enlarged BRICS achieve?
U.S. abused the global economy with its dollar
TEHRAN – “We are concerned that global financial and payment systems are increasingly being used as instruments of geopolitical contestation,” Cyril Ramaphosa, South Africa’s president, told last week's BRICS summit.
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2023-03-30 14:56
Brazil, China strike trade deal agreement to ditch US dollar
Brazil and China have reportedly struck a deal to ditch the U.S. dollar in favor of their own currencies in trade transactions.
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2023-03-14 11:24
By Martin Love
If a World War, pushed by U.S., is avoided, real multipolarity and much less conflict is ahead
Few developments are as positive for the Middle East and the Global South than the agreement between Iran and Saudi Arabia to reestablish diplomatic relations. And better still is that the Chinese, after long discussions between the two countries with Chinese help, brokered the deal.
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2022-07-30 22:14
Iran, Russia to take lead in global oil market: MP
TEHRAN - An Iranian lawmaker has said that the signing of a cooperation agreement between the Russian Federation and the Islamic Republic of Iran, two major energy producers, might open the door for both countries to seize the lead on the world oil market, IRNA reported on Saturday.
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2021-08-15 20:42
By Mohammad Mazhari
Cryptocurrencies can’t replace currencies: American economist
TEHRAN - A professor of applied economics at the Johns Hopkins University in Baltimore says that cryptocurrencies can’t replace currencies as they are nothing more than highly speculative assets.
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2021-05-02 22:23
Dollar sinks against Iranian rial on hopes of deal in Vienna
TEHRAN -- The US dollar has hit a new low against the Iranian currency rial mainly on unconfirmed reports suggesting that Iran and major powers would reach a deal in the Austrian capital to revive an international deal on the country’s nuclear program, Press TV reported.
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2021/03/26
By Martin Love
Biden ain’t cutting it so far…
On the surface, one might find it disturbing to have to read rumblings that the U.S. is in the too-long process of losing its empire and its privileges and hegemony and even the dollar as a viable and respected reserve currency. But the rumblings are probably true to some degree since they are popping up randomly like clichés and clichés always contain an element of truth or else they’d never have become such.