Russia’s second-largest bank’s chairman has predicted the end of U.S. dollar dominance, with the Chinese yuan replacing the dollar. dedollarization
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dnipro river should return to its banks by June 16 after dam collapse - Russian-backed officialThe southern reach of the Dnipro river is likely to return to its banks by June 16 following a vast flood unleashed by the breach of Ukraine's Kakhovka dam this week, a Russian-installed official said on Saturday.
Read more »
Chinese Junk Bonds Are Back on the Trash HeapChinese property companies once dominated Asia’s junk-bond market, but their bond sales have plummeted in recent years. “Think back to the global financial crisis. That wasn’t as messy as this.”
Read more »
Chinese naval ship heads for Philippines in 'friendly' tourChina's largest naval training ship sailed for the Philippines on Friday, its last stop of a regional 'friendly' tour, amid growing unease over Chinese maritime activities in the South China Sea.
Read more »
Chinese investors flock to Riyadh conference seeking new markets, capitalChinese entrepreneurs and investors are flocking to Riyadh this week to attend a business conference, which will bring together business and government leaders aiming to explore expansion and fundraising opportunities, amid warming diplomatic relations.
Read more »
Governor: Three wounded as drone strikes building in Russian border cityA Russian regional governor says three people were lightly wounded after a drone crashed into a residential building in central Voronezh, a city in southwestern Russia near the border with Ukraine. Russian state media published photos showing a high-rise apartment block with some of its windows blown out and damage to parts of its facade. State media reports also cited the building’s administrators as saying that “several apartments were damaged” in the explosion on Friday. There was no immediate comment on who may have been behind the drone strike.
Read more »
Foreign investors have been dumping vast amounts of Chinese assetsForeign investors have been dumping vast amounts of Chinese assets, and putting money there will only get riskier
Read more »