Last week, Russia announced plans to completely eliminate dollars and dollar-denominated assets from its sovereign wealth fund. Is this another sign of erosion of dollar dominance? The news from Russia dovetails with a warning by billionaire fund manager Stanley Druckenmiller that the dollar could cease to be the world’s reserve currency within the next 15 […]
As geopolitical rivalries rekindle, dedollarization is once again asserted as a lever of monetary sovereignty. Long a spearhead of this ambition, the BRICS seemed poised to challenge the economic order dominated by Washington. However, a strategic repositioning by Brazil, an influential member of the bloc, disrupts this trajectory. By ruling out the idea of a […]
(Natural News) If there was just one month to honor black history, then an entire day should be dedicated to Supreme Court Justice Clarence Thomas, the only black justice currently serving on the nation’s highest court. Instead of honoring Justice Clarence Thomas during Black History Month, Amazon dropped a popular PBS documentary about him. During… […]
