BRICS in Global Financial System: The Need to Level the Playing Field
The nations of BRICS have repeatedly called for the enhancement of their role and status within the current global financial system, which was long...
Paradoxes of U.S. Financial System Resilience
The March collapse of three major U.S. banks—Signature Bank, Silicon Valley Bank (SVB) and Silvergate Capital—coupled with a sharp decline in the market value...
Take Care of the Ruble and Gas Will Take Care of Itself
The instructions the Russian President gave to the Federal Government, demanding that payments for the deliveries of Russian gas to “unfriendly nations” be switched...
China’s Crypto Market: Digital Yuan as an Alternative to Private Cryptocurrencies
In May–June 2021, China—allegedly to preserve financial stability—banned mining of bitcoin and other crypto assets in such major mining centers as Inner Mongolia, Sichuan,...
Financial Bubbles in the Coronavirus Era
There is reason to believe that the coronavirus will not be going anywhere soon. What is more, IMF experts warn that problems that existed...
The Yuan versus the Dollar: Showdown in the Global Financial Arena
At the 1944 Bretton Woods Conference, the United
States laid the foundation for the U.S.-centric international monetary system,
thus ensuring the dollar’s status as the key...