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#global currency
faultfalha · 8 months
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The world was one of order, constructed around the US dollar and its long-standing dominance. Boundaries were defined, and the possibility of contention surrounded by a ring of impenetrable mist. But now, from far-flung shores, whispers of an enigmatic challenge have begun to drift across oceans and deserts. They speak of a coming revolution, the mounting power of the BRIC nations and their desire to free themselves from the power of the greenback. Such stories, at first rampant with fear and doubt, have now taken their place in the annals of the Financial Review. All that remains is to wait and watch to see whether these whispers will become a roar, or if the old order will remain.
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malakarblog · 1 year
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दोस्तों पिछले कुछ समय में डॉलर अन्तराष्ट्रीय बाजार में काफी मजबूत हुआ है। जिसकी वजह से कई देशों को बहुत भारी नुकसान उठाना पड़ रहा है। इसी संबंध में खबर निकल कर आ रही है, की लगभग 35 देशो ने भारत के साथ रूपए में Trade करने में रुची दिखायी है।तो दोस्तों क्या है यह खबर? क्या Rupee बनेगा नई Global Currency?
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hussyknee · 10 months
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hi i have a question about z-lib (i saw you when i searched up z-lib here and thought you may know the answer) when i try to download books it directs me to this donation page with some links with bitcoin that’s apparently gonna get me an exclusive membership(?) but i do not want to donate, can’t i still use it like how it was before i do not understand (10 books for free each day)
Noooooo that's a phishing site! Zlib.is that appears as the top Google result is a scam site that's trying to steal login credentials and credit card info!! DO NOT RESPOND TO ANY EMAILS THEY SEND YOU. If you use the same email + password combo anywhere else, change it now.
Edit: Use this link to sign up.
Once you sign up via that, you'll be sent personal domain links that you can use to access the site. Zlib does use Bitcoin donations to gain membership that lets you download as many books as you want and access to added features, but its basic membership costs nothing and lets you download 10 books a day and send them to your email, which is good enough for normal users.
Never sign up for any piracy site without first googling whether the domain (the bit that comes after the dot) is a scam site or legit proxy. Always use a separate spam email account for this stuff, and never sign up for any piracy site that you can't use at all without giving them your credit card info.
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daeluin · 4 months
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like in my lifetime (32 years) i saw the dollar-pesos argentinos exchange rate go from 1 to 1 in 2000 to 1 to 1000
that's a five digits devaluation. in less than 30 years..... like can you imagine what that does to any economy????
like can you even imagine what it's like living in this fucking graphic
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ssc-monarch · 2 months
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all americans benefit from American imperialism because you can use the united states dollar to mobilize the resources of other countries
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xtruss · 9 months
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Chinese Senior Diplomat Calls To Resist Cold War Mentality At BRICS Security Meetings
— Global Times Staff Reporters | July 25, 2023
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Photo: BRICS. VCG
Cyber security as well as other threats in traditional and non-traditional security fields have taken the spotlight at the ongoing meetings of BRICS countries in Johannesburg, South Africa, as analysts said that amid growing global uncertainties, more developing countries are seeking to improve solidarity to jointly tackle challenges to their development under the auspices of the BRICS mechanism.
While attending the 13th Meeting of BRICS National Security Advisers and High Representatives on National Security in Johannesburg, South Africa on Tuesday, senior Chinese diplomat Wang Yi said that after more than 10 years of development, the BRICS has become an important platform for emerging market countries and developing countries to unite and self-development.
Under the new situation, we must grasp the future development direction of the BRICS countries, further strengthen political mutual trust and strategic coordination, continue to provide international public goods that meet the requirements of the times, and strive to translate the BRICS spirit of openness, inclusiveness, and win-win cooperation into practical actions, and polish the "golden brand" of BRICS cooperation, Wang said.
To deal with the current global security challenges and solve the security dilemma, Wang also called for countries to resist unilateralism, hegemony and oppose "decoupling" and "double standards" and oppose Cold War mentality and zero-sum game.
Analysts said that the ongoing meetings for security advisors and senior diplomats from BRICS countries and "Friends of BRICS" underscored the security concerns of developing countries and new emerging economies over the destructive activities, "color revolutions" and cyber attacks plotted by some countries who have posed great threats to the stable development of developing countries and global peace.
Aside from expressing their concerns over traditional and non-traditional security fields, BRICS countries and developing countries are seeking to improve solidarity to jointly tackle development challenges under the BRICS mechanism, which will also be part of the build-up to the 15th BRICS Summit in South Africa to be held from August 22 to 24, they noted.
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On Monday, a meeting, which was held under the theme of "Cyber security is increasingly becoming a challenge for developing countries," is also being attended by Minister in the Presidency of South Africa Khumbudzo Ntshavheni, Chief Adviser of the Presidency of Brazil Celso Luiz Nunes Amorim, Secretary of the Security Council of the Russian Federation Nikolai Patrushev, National Security Adviser Ajit Doval of India and representatives of Belarus, Iran, Saudi Arabia, Egypt, Burundi, the United Arab Emirates, Kazakhstan, Cuba and other countries.
Security Concerns Under Spotlight
During the Tuesday meeting, Wang, member of the Political Bureau of the Communist Party of China (CPC) Central Committee and also director of the Office of the CPC Central Commission for Foreign Affairs, said that the "Global South" is a collection of emerging market countries and developing countries, reflecting our collective rise on the international stage. Countries in the "Global South" face the important mission of resisting the external intervention and maintaining political security and regime security.
Wang Yi said that unity is strength, action is direction, and openness is motivation. China is willing to work with BRICS partners to support each other's efforts to maintain national security and stability, and to carry out more practical cooperation in dealing with international security challenges, so that the world can hear more BRICS voices and witness a greater role of the BRICS.
Senior officials on security from BRICS countries also exchanged in-depth views on issues such as current security challenges, anti-terrorism and cyber security, food and water security, and energy security, and reached broad consensus, according to a release from Chinese Foreign Ministry.
The issue of cyber security has been discussed at length at the ongoing BRICS meeting as some Western countries have intensified using the internet to conduct destructive activities in other countries, including inciting domestic riots, fooling the public or organizing cyber attacks on governmental departments, which have posed threats to developing countries' stability and development, Song Zhongping, a Chinese military expert and TV commentator, told the Global Times on Tuesday.
The meeting on security, together with other meetings in various fields, will lay the groundwork for the leaders' summit in August, as the BRICS mechanism is a cooperative mechanism beyond economic and security fields, and whether it is regarding traditional or non-traditional fields, it would safeguard development and cooperation in other areas, Song said.
This year's BRICS summit will focus on improving cooperation between BRICS members and African countries in technology, economy and other fields, and security would also be the basis for cooperation, said Song.
South Africa has invited the heads of state of all African countries to the summit, which is themed as "BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development, and Inclusive Multilateralism." The summit is anticipated to discuss how BRICS countries can better work with African countries, media reported.
Security is the core concern for the financial cooperation of BRICS countries and other developing countries. This is also why BRICS countries are studying the potential use of alternative currencies to the US dollar, analysts said.
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For the past months, many media, especially those from the West and the US, have reported that BRICS countries are seeking to shift from the dollar in mutual trade to avoid becoming "victim" to sanctions. For example, in April, Bloomberg reported that Brazilian President Luiz Inacio Lula da Silva called on BRICS countries to come up with an alternative to the dollar in foreign trade.
South Africa, the BRICS chair, has put the stability of the global financial system as a priority for the BRICS meetings, as BRICS countries and developing countries have been put in an unfavorable position that would be affected by global financial hegemony, Wang Lei, director of the Center for BRICS Cooperation Studies at Beijing Normal University, told the Global Times.
However, de-dollarization is not the core mission of BRICS countries and what they want is to make the global financial system fairer and more inclusive, and to better reflect the major changes that have happened in the global governing system, Wang Lei said.
Against the backdrop of the continuous Russia-Ukraine conflict and drastic global changes unseen in a century, developing countries are seeking to inject more stable and secure impetus to the world and to promote the international governing system to be more inclusive and better reflect their interests. However, the US and some Western media have smeared their efforts, analysts said.
What BRICS countries are working toward is not to compete with the US for its hegemony, but to build a multipolar world in which each country's concerns on security, economy and developments can be respected by others - this may also be the reason for the US and West's increasing worries of the growing influence and attractiveness of BRICS, Song said.
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giftofshewbread · 1 year
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World Currency Coming as IMF Embraces Universal CBDC Called "Unicoin"
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iraqdinar · 1 year
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digitalguap · 1 year
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Why A Currency Backed by GOLD Can Dethrone The Dollar | The BRICS End Game
The brics nations are moving towards a New common currency to challenge the US Dollar and we know that the Dollarization cries getting louder and Louder with Brazil being the latest Country looking to break free Brazil's President Lula is urging the brics Nation to end the dollar dominance Asking the block to develop their own Currency and he made a striking Statement that tells us how this new…
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faultfalha · 8 months
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The US dollar has long held dominance as the global currency, but a recent article in The Australian Financial Review suggests that this could be challenged by Brazil, Russia, India and China. These countries have been working together to create a new currency known as the 'Bric' which could provide an alternative to the dollar. Whether or not this will happen remains to be seen, but it is clear that the dollar's supremacy is under threat.
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jbfly46 · 10 months
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In a world reliant on global trade where the only country with freedom of speech controls the global reserve currency and has the largest stockpile of nuclear weapons, everyone becomes free or everything ceases to exist.
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toasted-spiders · 1 year
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do you ever drown in your own impossible academic ambitions do you ever realize that your low bar is most people's high bar do you ever hear an axe sharpening as the deadline draws near do you ever look at a blank page and hear nothing but the sound of your internal screaming do you ever
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time4hemp · 1 year
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Please share this if it made you laff.
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limelocked · 2 years
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It’s really weird how the entire world economy is built on the foundation of gambling, like y’all ever think of that?
Y’all also ever think about how capitalists want you to believe that capitalism is the natural state of a governmental economy as in investment in capital is god and communism and anything else ever is the devil? Like I may be wrong here but isn’t capitalism super young and almost designed to make an oligarchy?
When the earth crumbles and we all degrade into pre industrial tech because global trade has failed I think we should bring back commodity money, I say as if that isn’t the case everywhere outside of the global economy (trading cigs in a prison is commodity money, trading [insert tradable toy] in school for favours is commodity money)
My brain is being baked on 38.1C
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mahsasasasssss · 2 years
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