Examples of using De-dollarization in English and their translations into Serbian
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Though complete de-dollarization is still a long way away, the process has begun and is unlikely to reverse.
Additionally,“Moscow and Beijing took another step towards de-dollarization with the opening of a yuan clearing bank in Russia.
The common theme of all the leading factors is movement away from the US dollar,a theme so widespread that it has been given a name: de-dollarization.
Moscow and Beijing took another step towards de-dollarization with the opening of a yuan clearing bank in Russia.
The common theme of all the leading factors is the movement away from the USDollar, a theme so popular andwidespread that it has been given a name, de-Dollarization.
On October 4,Siluanov said a de-dollarization plan for Russia's economy has been prepared and submitted to the government.
The head of VTB also recalled that the bank had prepared proposals aimed at de-dollarization and de-orphanization of the Russian economy.
In recent years, thanks to de-dollarization and military integration, nations like Iran, Russia and China are less subject to America's unilateral decisions.
As we reported last week,Moscow and Beijing took another step towards de-dollarization with the opening of a yuan clearing bank in Russia.
Countries worldwide are tired of funding the America's“military adventurism by being a party to the‘Empire of Debt,' as it's known around the world- the US dollar,” and therefore,will likely join the de-dollarization movement.
Mirzayan, for his part, stressed that the de-dollarization of Russian foreign trade is a very reasonable measure from the political point of view.
The more Washington abuses its control over the dollar, the more the Russian authorities, not just those in Russia,will be convinced that the de-dollarization is worth it,” concludes the analyst.
Mirzayan, for his part, stressed that the de-dollarization of Russian foreign trade is a very reasonable measure from the political point of view.
The more Washington abuses its control over the dollar, the more the Russian authorities, not just those in Russia,will be convinced that the de-dollarization is worth it,” concludes the analyst.
We believe this to be an important step towards the de-dollarization of the Russian finance sector,” said VTB head Andrey Kostin at a Kremlin meeting with President Vladimir Putin.
Sarkis Tsaturyan, the Russian political scientist and editor-in-chief of the Russian expert network Realist,said that de-dollarization will be a long and painful process that can hit both China and Russia.
De-dollarization, coupled with an infrastructure roadmap such as the Chinese Silk Road 2.0 and the maritime trade route, offer important opportunities for developing nations that occupy the geographical space between Portugal and China.
According to Ivan Danilov, author of the Crimson Alter blog,the more frequent the discussions about de-dollarization in the Kremlin, the Russian government, the Central Bank and the State Duma, the more active the“media campaign” becomes which aims to ordinary Russians that giving up the dollar is impossible and would be extremely damaging to their savings.
Saudi Arabia was pushed to the de-dollarization crowd only recently by the US itself, which, last year, allowed survivors and relatives of the victims of the 9/11 attack to sue the kingdom over its alleged role in the terrorist acts.
Discussions and rumours about“de-dollarization” have been circulating for some years now, but finally, the Eurasian anti-U.S. Dollar axis is rapidly taking shape, with recent events catalysed and certainly accelerated by U.S. foreign policy in Ukraine, which has merely succeeded in pushing Russia that much closer, and faster, to China.