“We require a commitment from these countries that they will neither create a new BRICS currency, nor back any other currency to replace the mighty US Dollar”, he told his social media followers. He ...
has been speculated to be caught in the middle of the rumored currency creation - not wanting to abandon its U.S ties but still supporting some form of new world reserve currency. Last month ...
Over the longer term, it is widely held, the decline of the greenback will undoubtedly resume, ending the currency’s reign once and for all. But that begs a critical question: What would replace the ...
The real-world impact is significant. But with any opportunity comes risk. The passage to this new world could exclude those on the other side of the digital divide. It also opens the door to ...
Zimbabwe has introduced a new gold-backed currency called ZiG - the name stands for "Zimbabwe Gold". It is the latest attempt to stabilise an economy that has lurched from crisis to crisis for the ...