Russia, Iran finally dump the US dollar for good

In essence, the decision by Russia and Iran to abandon the US dollar in their trade dealings is more than a financial maneuver. It’s a bold statement in a world where economic strategies are ... Read More

Lavrov Says Russia, China Almost Dedollarized Their Trade: Tass

Russia and China have almost completely stopped using the dollar in their mutual trade, Foreign Minister Sergei Lavrov said in Moscow on Monday, according to Tass. More than 90% of settlements are ... Read More

China, Russia-led bloc wants to dethrone US dollar, upend world order

The BRICS bloc of countries led by China and Russia want ... replace the U.S. dollar as the premier currency of international reserves and medium of exchange. READ ON THE FOX NEWS APP How else ... Read More

Russia News

The penalties came after top Biden administration officials warned China not to ... State Department said Russia had used chloropicrin, a poison gas widely used during World War I, against ... Read More

Russia's Foreign Minister Arrives in China to Talk Ukraine, Asia-Pacific

Russia's Foreign Minister Arrives in China to Talk Ukraine, Asia-Pacific (Reuters) - Russia's top diplomat Sergei Lavrov arrived in China, the Russian foreign ministry said on Monday, for what ... Read More

China’s yuan overtakes United States’ dollar in global markets

According to a Reuters report, the yuan has surged past the US dollar to become the predominant foreign currency in Russia ... around the world is a reaction to the US Federal Reserve’s ... Read More

Russia and China are brewing up a challenge to dollar dominance by creating a new reserve currency

Russia and China are developing a new reserve ... "We are ready to openly work with all fair partners." The dollar has long been seen as the world's reserve currency, but its dominance in share ... Read More

Microsoft Sees Slowing in Russia, China Efforts to Sway Vote

Russia is working to undermine US support for Ukraine ahead of the 2024 election, while Chinese influence campaigns aim to divide Americans and undercut their faith in democracy, according to new ... Read More

Russia and China Double Down on Defying U.S.

Photo: Florence Lo/Reuters Russia and China have pledged to deepen their growing alliance and shared opposition to what they describe as the U.S.’s attempts to dominate the world order ... Read More

Russia Is Trying to Force Ukrainians to Abandon Their Second-Biggest City

Ukrainian and Western officials see Russia’s escalated bombardment of Ukraine’s No. 2 city as a way to force the evacuation of civilians, they said. Kharkiv, a northeastern city less than an ... Read More

Russia, China to Work on ‘Double Counteracting’ US-Led Alliance

Russia and China agreed to start a dialogue on Eurasian security with the aim of “double counteracting” the European-Atlantic alliance led by the US. “We have a common goal of increasing ... Read More

China’s Exports to Russia Slump Amid US Threat of War Sanctions

Supply Lines is a daily newsletter that tracks global trade. Sign up here. China’s exports to Russia slumped in March, the first year-on-year decline since mid-2022, amid growing US threats of ... Read More