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1 min read
Brazil proposes yuan guarantees in trade with Argentina amid dollar shortage
"It will be a good thing for Brazilian exporters, and it will be great news if Argentina agrees," B…
Filip De Mott
2 mins read
Brazil, India, and China's rush to buy Russian energy shows Putin still has strong allies who can prop up Russia's economy
Russian President Vladimir Putin still has strong political allies despite the backlash to his inva…
Sophia Ankel
2 mins read
Putin is meeting leaders of China, Brazil, and India, showing Russia still has powerful allies despite the Ukraine invasion
President Vladimir Putin is attending a meeting of the BRICS alliance of Brazil, Russia, India, Chi…
Bill Bostock
2 mins read
China sees the transition to green energy as a chance to elevate the yuan and dedollarize key markets
The transition to green energy is "an opportunity for the nation to raise the global standing of th…
Filip De Mott
1 min read
China just bought 3 million metric tons of American soybeans
The massive purchase of US soy comes amid a bout of unfavorable weather for Brazil, the world's top…
Phil Rosen
4 mins read
25 experts calculated the scenarios they think could play out in the US-China relationship. All the results are bleak.
The experts, including former Trump and Obama officials and retired researchers in the PLA, posited…
Matthew Loh
1 min read
Vladimir Putin says Russia's trade with China, India, Brazil, and South Africa has jumped 38% amid sanctions and war in Ukraine
"Russian oil supplies to China and India are growing noticeably," Putin said Wednesday at a confere…
Phil Rosen
1 min read
Janet Yellen hits back at de-dollarization after Brazil and South Africa challenge the greenback's dominance
The US Treasury chief backed the US currency's crucial role in international trade even as several …
George Glover
3 mins read
Nigeria joins China, Brazil and others in the race to launch its own central bank digital currency
The cryptocurrency world is undergoing a period of rapid progression as governments and compan…
2 mins read
China's share of the global economy is falling by the most since Mao Zedong, and the historic turn could 'reorder the world'
"In a historic turn, China's rise as an economic superpower is reversing. The biggest global story …
Filip De Mott
4 mins read
China and India are so far into frenemy zone that they may never join forces to topple the dollar
The BRICS bloc is exploring the idea of a common currency. But China and India are strategic compet…
Huileng Tan
1 min read
Russia is using China's yuan to settle 25% of its trade with the rest of the world, report says
Moscow has been stoking the de-dollarization movement by refusing to settle contracts using so-call…
George Glover
2 mins read
Brazil's president wants to end dollar dominance and backs calls for BRICS nations to use their own currency
"Who was it that decided that the dollar was the currency after the disappearance of the gold stand…
Filip De Mott
2 mins read
Taco night is going to get more expensive for Americans this summer as corn prices skyrocket
Tortillas will be in short supply as increased demand for corn, labor shortages, and droughts make …
Grace Kay
2 mins read
China's Sinovac vaccine is 50.7% effective against COVID-19, just reaching the threshold to be a vaccine worth using, a major trial showed
Sinovac's CoronaVac was more than 50% effective - the threshold above which the WHO considers a vac…
Dr. Catherine Schuster-Bruce
4 mins read
Russia is landing new buyers for its sanctioned diesel all over the world and Brazil's taking advantage of the steep discounts.
Insider's Phil Rosen interviews top oil analyst Matt Smith of commodities analytics firm, Kpler.
Phil Rosen
3 mins read
Stung by China, Brazil turns to India for Covid-19 vaccine
New Delhi, Jan 5 (IANS) Let down by the Chinese vaccine candidates which have run into a major cred…
2 mins read
China-based BRICS bank aims to de-dollarize debt by expanding local currency lending
The New Development Bank has plans to expand lending in Brazilian, South African, and Indian curren…
Filip De Mott
1 min read
China's TikTok to take on Spotify, Apple with new subscription-based music service
Amid the growing Twitter-Meta fight over Threads app, Chinese short-video making app TikTok has lau…
2 mins read
Brazil and Argentina are gearing up to launch a joint currency that could become South America's euro
The two countries' leaders said Sunday that they were developing a common currency, which could boo…