President-elect Donald Trump announced plans to impose 100% tariffs on countries in the BRICS alliance—comprising China, Russia, and other emerging economies—unless they pledge not to create a new currency during his administration. “The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER. We … Read more
United States President Joe Biden and Chinese President Xi Jinping held their final meeting on Saturday during the Asia-Pacific Economic Cooperation (APEC) summit in Peru. The meeting came amid growing concerns about renewed tensions with Donald Trump’s return to the White House. The summit, attended by leaders from 21 countries, was overshadowed by the … Read more
Nigeria must make the best from the growing tensions between the United States of America and Russia/Asian countries, particularly, China, the Association of Bureau De Change Operators of Nigeria (ABCON), has said.The Association noted that the fear of the dollar losing its global dominance is real, as Russia and Asian countries unite against the United … Read more