Trump threatens BRICS over rumored currency
The idea that the BRICS countries are trying to move away from the dollar while we stand by and watch is OVER,” Trump posted to social media on Saturday. Trump continued the
Kremlin Says Trump Threat to BRICS Nations Over US Dollar Will Backfire
MOSCOW (Reuters) -The Kremlin said on Monday that any U.S. attempt to compel countries to use the dollar would backfire after U.S. President-elect Donald Trump threatened to impose tariffs on BRICS countries if they created their own currency.
Gold slips as Trump’s BRICS currency warning boosts US dollar
Gold eased, pressured by a rising US dollar after President-elect Donald Trump warned the so-called BRICS nations that he would require commitments that they would not move to create a new currency. Bullion traded around $2 635 an ounce in early Asia hours on Monday after declining almost 3% last week.
Donald Trump wants to tariff BRICS nations: What to know.
The BRICS alliance is a bloc of nine countries that in recent years looked to reduce dependence on the U.S. dollar.
China Reacts to Trump's BRICS Threat
President-elect Donald Trump on Saturday warned members of the bloc against any attempt to supplant the dollar.
Trump Weaponizing Dollar Seen as Needless BRICS Provocation
Donald Trump’s fresh pressure on countries around the world to stay anchored to a US-dollar-based financial system is a tactic that risks backfiring, market watchers say.
What's Behind Trump's De-Dollarization Tariff Threats
President-elect Donald Trump railed on social media over the weekend against a group of emerging economies for their attempts to circumvent the dollar. While markets mostly took Trump's words in stride,
BRICS is considering a new currency. Here’s what you need to know
Reports have since suggested the potential new BRICS currency will be ... with over $2 Billion in gold and silver. Top ...
Pound, gold and oil prices in focus: commodity and currency check, 2 December
Gold dropped around 1% in early trade on Monday, following a dip of around 3% last week. Moves lower come as the dollar ...
Crypto News Flash2d
Trump’s Stance on BRICS Currency Plans Sparks Global Tensions
Trump warns BRICS nations against creating alternative currencies, threatening tariffs and emphasizing the role of digital ...
Bloomberg L.P.28d
Zimbabwe’s Gold-Backed ZiG Extends Rare Advance Against Dollar
Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the dollar for a second day on the back of tighter monetary policy. The ...
BBC5mon
Zimbabwe launches new gold-backed currency - ZiG
The new banknotes come in denominations from 1 to 200 Zimbabwe has introduced a new gold-backed currency called ZiG ... of the central bank, dating back to 2008, when it was printing Z$10tn ...
Texas Pushes Forward with 100% Gold-Backed Transactional Currency Legislation
Gold-backed digital currency. Lawmakers propose state-wide digital coins fully redeemable in precious metals, offering ...
Bloomberg L.P.29d
Zimbabwe’s Tight Monetary Policy Stance Boosts ZiG, MPC Member Says
Zimbabwe’s gold-backed currency posted its first gain in more than two weeks, suggesting that tighter monetary policy is working the central bank said. The ZiG, short for Zimbabwe Gold ...
BBC2mon
Zimbabwe knocks 40% off value of gold-backed currency
The Zig, which stands for Zimbabwe Gold, was launched over six months ago and is the country's sixth currency in 25 years. According to the Reuters new agency ... dating back to 2008, when ...