-
Brics looks increasingly like a paper tiger
The meeting in Kazan of the Brics-plus group from 22-24 October was a diplomatic and political success for President Vladimir Putin. He was lucky that it was Russia’s turn as chair. However, it disappointed by offering nothing new in economics and finance, and it failed to take any new steps towards de-dollarisation. Expectations were high. A new cross-border payments system and even a common Brics currency were on the table, with rumours of a petroyuan being established to replace the petrodollar. Russian government officials produced volumes of studies on many topics, ranging from agriculture, education, ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Oct 29, 2024 4:50pm Oct 29, 2024 4:50pm
-
Polimini - Joined Mar 2022 | Status: Member | 68 Comments
-
- Older Stories
From fxnewsgroup.com|Oct 29, 2024Retail FX broker FOREX.com today announced a new partnership with Kalshi, an exchange for trading on the outcome of future events. This partnership enables traders to trade FX ...
From forex.com|Oct 29, 2024With just one week to go until the US election, we take a statistical look at how key markets have performed in the days surrounding this major event. The data may appear daunting ...
From capitalspectator.com|Oct 29, 2024The backup in Treasury yields may be a warning sign that the odds are slipping that the Federal Reserve will cut interest rates again at the next policy meeting on Nov. 7. The ...
-
- Newer Stories
From yardeniquicktakes.com|Oct 29, 2024Republican Everett Dirksen was the Senate Minority Leader during the 1960s. Cautioning that federal spending had a way of getting out of control, Dirksen reportedly observed, "A ...
From forex.com|Oct 29, 2024The next week and a day are going to be busy for macro traders and the US Dollar is showing signs of stall after a massive move developed in October. I spent much of September ...
From @PiQSuite|Oct 29, 2024post:
SWISS NATIONAL BANK CHAIRMAN: SNB REMAINS WILLING TO BE ACTIVE IN FOREIGN CURRENCY MARKETS AS NECESSARY post: SNB’s Schlegel: Further Rate Cuts Could Be Necessary In Coming Quarters To Maintain Price Stability
- Story Stats
- Posted: Oct 29, 2024 12:50pm
- Submitted by:Category: Fundamental AnalysisComments: 1 / Views: 3,742
- Linked events:
