[Tree] BRICS, SWIFT counterpart, reducing dependence on Western institutions

Version 0.33 (2024-07-28 02:01:37.759000)

updates: BRICS alliance considers creating a SWIFT counterpart

Version 0.32 (2024-07-08 09:55:35.684000)

updates: Wall Street analyst suggests Ripple as the new Federal Reserve

Version 0.31 (2024-07-06 08:54:17.179000)

updates: Integration of Wall Street analyst's perspective on Ripple's role

Version 0.3 (2024-07-04 15:54:40.280000)

updates: Integration of Wall Street analyst Linda Jones' perspective on Ripple as the new Federal Reserve in the emerging financial system

Version 0.29 (2024-07-04 12:59:56.827000)

updates: Introduction of the role of Ripple in the emerging financial system

Version 0.28 (2024-06-29 14:54:17.881000)

updates: The BRICS alliance plans to launch a gold-backed currency to challenge the US dollar. The banking and finance sector in the US will be the most affected, with potential impacts on the forex market, lending activities, and inflation.

Version 0.27 (2024-06-27 23:55:07.645000)

updates: BRICS intensifies efforts to reduce reliance on US dollar with focus on gold and oil production

Version 0.26 (2024-06-22 04:55:48.598000)

updates: Added information about BRICS as an alternative bloc and Malaysia's intention to join

Version 0.25 (2024-06-21 16:53:48.588000)

updates: Incorporated analysis on the potential decline of the US dollar and the BRICS countries' efforts to assume control of the energy industry and develop an independent payment system

Version 0.24 (2024-06-12 11:56:12.828000)

updates: Putin announces development of independent payment system by BRICS countries

Version 0.23 (2024-06-08 14:53:33.089000)

updates: Expansion of BRICS membership, focus on economic partnerships, 2024 summit details

Version 0.22 (2024-05-22 09:00:50.512000)

updates: Reveals US covert efforts against BRICS, highlights diplomatic standoff

Version 0.21 (2024-05-20 18:59:38.078000)

updates: Updated information on BRICS trade, de-dollarization efforts, and the use of blockchain technology

Version 0.2 (2024-05-18 18:52:20.875000)

updates: The article highlights the discussion of BRICS creating an independent payment system and de-dollarization, the decline of the US Dollar's dominance in cross-border transactions, and the potential collapse of the US Dollar triggered by BRICS' de-dollarization strategies. It also mentions Robert Kiyosaki's suggestion to buy Bitcoin, gold, or silver to protect against potential hyperinflation caused by de-dollarization.

Version 0.19 (2024-05-14 08:52:39.284000)

updates: India and Nigeria agree to trade in local currencies

Version 0.18 (2024-05-13 12:54:51.695000)

updates: Includes information about India and Nigeria using local currencies for bilateral trade instead of the US dollar, and the potential benefit for Bitcoin as countries move away from the dollar.

Version 0.17 (2024-05-12 14:52:48.116000)

updates: BRICS alliance expansion, India and Nigeria sign trade agreement to use local currencies, China's Q1 2024 GDP growth

Version 0.16 (2024-05-11 14:55:08.670000)

updates: China's economy drives major growth in BRICS alliance

Version 0.15 (2024-05-05 14:54:58.829000)

updates: BRICS expands membership and increases oil payments in local currencies

Version 0.14 (2024-04-27 15:52:41.590000)

updates: BRICS alliance expands membership, upcoming summit in Kazan

Version 0.13 (2024-04-27 14:52:08.190000)

updates: The BRICS alliance is making progress in reducing reliance on the US dollar in global trade.

Version 0.12 (2024-04-26 17:51:42.667000)

updates: Updates on China's economic growth and de-dollarization efforts

Version 0.11 (2024-04-22 04:21:01.184000)

updates: BRICS alliance calls for trade in local currencies to challenge the US dollar's dominance

Version 0.1 (2024-04-21 22:19:44.186000)

updates: Integration of BRICS alliance's de-dollarization efforts in the Middle East

Version 0.09 (2024-03-22 19:19:36.353000)

updates: Integrates information about China's expanding presence in the Middle East and the de-dollarization wave in the MENA region

Version 0.08 (2024-03-21 23:17:31.122000)

updates: Egypt plans to ditch US dollar in 2024, joins BRICS

Version 0.07 (2024-03-19 07:19:47.646000)

updates: The BRICS alliance urges Middle East to stop accepting US dollar for oil trade

Version 0.06 (2023-12-24 23:59:59.227000)

updates: Updated information on Xi Jinping's visit to Saudi Arabia and the currency swap agreement between China and Saudi Arabia

Version 0.05 (2023-12-24 13:01:25.859000)

updates: China's efforts to challenge US dollar dominance with Saudi Arabia

Version 0.04 (2023-12-18 11:03:12.050000)

updates: China and Saudi Arabia signed a three-year currency swap agreement worth Rmb50bn ($6.93bn) or SR26bn. The agreement is part of China's strategy to reduce the global influence of the US dollar. The deal aims to strengthen financial cooperation, boost the use of local currencies, and promote trade and investments between the two countries. This move is in line with China's broader de-dollarization strategy amid deepening global geopolitical tensions.

Version 0.03 (2023-11-27 00:34:34.078000)

updates: China's efforts to increase the power of the RMB

Version 0.02 (2023-11-21 10:58:39.552000)

updates: Addition of information about the currency swap agreement between China and Saudi Arabia

Version 0.01 (2023-11-12 14:29:06.555000)

updates: Restructured and enhanced narrative

Version 0.0 (2023-11-07 16:31:13.197000)

updates: