As predicted in chapter 4 of De-dollarization Russia’s Rosneft has set the euro as the default currency for all its new export contracts including for crude oil, oil products, petrochemicals and liquefied petroleum gas, tender documents showed.
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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