‘DOLLAR BLACKMAIL ENDS’: Lavrov Fires Warning, Reveals Putin’s Big Plan To Crush US Currency
Russian Foreign Minister Sergey Lavrov says 97 percent of Russia’s trade within BRICS, the Shanghai Cooperation Organisation and the Eurasian Economic Union is now settled in national currencies. Russian companies increasingly use the rouble, Chinese yuan, UAE dirham and currencies of individual trading partners. Moscow accelerated that transition after Western governments froze Russian sovereign assets and restricted major banks’ access to international financial channels. The dollar remains the world’s dominant reserve and trading currency. But Russia argues that Washington’s use of financial sanctions is encouraging rival powers to construct payment systems, institutions and trade arrangements beyond Western control.
#Russia #BRICS #SCO #Lavrov #DeDollarization #USDollar #Putin #Sanctions #Yuan #GlobalEconomy
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