In the first nine months of 2023, central banks around the world have intensified their interest in acquiring reserves of this coveted metal, with China and Russia leading the bullish trend. According to the World Gold Council, purchases of gold by central banks reached 800 tonnes net, an increase…
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de-dollarization
Cuba to promote an economic stabilization program to overcome the crisis
Within the framework of the 7th plenary session of the Central Committee of the Communist Party of Cuba (PCC), concluded this Saturday in Havana, an ambitious macroeconomic stabilization program has been discussed and evaluated. This…
The BRICS approve the entry of new members
This Thursday, during the BRICS meeting in South Africa on the occasion of the group's fifteenth summit, the entry of new members was announced: Iran, Saudi Arabia, United Arab Emirates, Argentina, Egypt and Ethiopia.
The extension of the…
Venezuela in favor of global de-dollarization
The president of Venezuela pointed out on Tuesday the importance and need to find an alternative currency to the dollar as a reserve system.
Maduro highlighted the current trend of many countries to break away from the US dollar, because…