“Major movers” such as China, Russia and the European Union have a strong “motivation to de-dollarize,” said Korin. "You have a growing club of countries — very powerful countries.” Watch the full interview here
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See AllThomas Mayer former chief economist of Deutsche Bank proposes in FT that Europe create a bloackchain backed digital euro. "Digitalization offers a way to reduce the debt of the eurozone states and t
Russia is continuing its policy of abandoning the dollar and transferring its assets into other currencies. Last month, Russia reportedly lost $7.7 billion in foreign exchange reserves after it decide