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Tag: Russia

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Russia–China Foreign Trade Near Dollar-Free: Almost All in Rubles, Yuan
Russia and China have nearly eliminated the U.S. dollar from their bilateral trade, conducting transactions in rubles and yuan as de-dollarization reshapes global economic power structures. Almost All Russian-Chinese Foreign Trade Operations Now in Rubles and Yuan Following a high-level… Read full article
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System Moving Trillions at Risk: Euroclear to Seize $3 Billion in Russian Assets
According to reports, Euroclear is set to proceed with the confiscation of $3 billion in Russian assets to compensate Western investors for losses incurred from asset forfeitures in the country. If executed, this move risks jeopardizing the clearance platform that… Read full article
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