Results 971 to 980 of 1007
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March 31st, 2023 01:21 PM #971
^The question should be - what will China do with their $3T dollar reserve? Sabi ni A-troll-zala worthless daw eh. [emoji23]
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March 31st, 2023 01:30 PM #972
i already said dati china should convert those dollars into something the US cannot freeze or confiscate
like physical gold and other commodities
it's not easy to convert 3 trillion
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March 31st, 2023 01:36 PM #973China And Brazil Strike Deal To Ditch The US Dollar
China And Brazil Strike Deal To Ditch The US Dollar | ZeroHedge
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March 31st, 2023 01:40 PM #974
France bought LNG using yuan
BEIJING, March 28 (Reuters) - Chinese national oil company CNOOC and France's TotalEnergies have completed China's first yuan-settled LNG trade through the Shanghai Petroleum and Natural Gas Exchange, the exchange said on Tuesday.
Approximately 65,000 tonnes of LNG imported from the UAE changed hands in the trade, it said in a statement.
TotalEnergies confirmed to Reuters that the transaction involved LNG imported from the UAE but did not comment further.
CNOOC did not immediately respond to a request for comment.
China has placed an emphasis on settling oil and gas trades in yuan in recent years in a bid to establish its currency internationally and to weaken the dollar's grip on world trade.Last edited by uls; March 31st, 2023 at 01:42 PM.
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March 31st, 2023 01:45 PM #975
ASEAN Finance Ministers and Central Banks Consider Dropping US Dollar, Euro and Yen, Indonesia Calls for Phasing Out Visa and Mastercard
An official meeting of all ASEAN Finance Ministers and Central Bank Governors kicked off on Tuesday (March 28) in Indonesia. Top of the agenda are discussions to reduce dependence on the US Dollar, Euro, Yen, and British Pound from financial transactions and move to settlements in local currencies.
The meeting discussed efforts to reduce dependence on major currencies through the Local Currency Transaction (LCT) scheme. This is an extension of the previous Local Currency Settlement (LCS) scheme that has already begun to be implemented between ASEAN members.
This means that an ASEAN cross-border digital payment system would be expanded further and allow ASEAN states to use local currencies for trade. An agreement on such cooperation was reached between Indonesia, Malaysia, Singapore, the Philippines, and Thailand in November 2022. This follows from Indonesia’s banking regulator, stating on March 27 that the Bank of Indonesia is preparing to introduce its own domestic payment system.
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March 31st, 2023 01:49 PM #976
The End of the US Dollar? President of Kenya Sounds the Alarm | Operation Sandman Explained
"William Ruto has urged his citizens to get rid of U.S. Dollars because soon the Dollar will be worthless.
If you have been following World affairs closely, you probably already know what is ahead of humanity.With that in mind,President of Kenya has urged his citizens to get rid of U.S. Dollars, because soon the dollar will be worthless (Operation Sandman?).
Operation Sandman will "put the US Dollar to sleep" by having all 142 countries repudiate the currency on the same day, and refuse to continue accepting it for payment in Trade."
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March 31st, 2023 02:14 PM #977
Akin na USD nyo. Papalitan ko $1=P25. Partida na yan kasi soon it will be worthless.
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March 31st, 2023 02:21 PM #978
Anong curencies hawak mo a-troll-zala? Palitan ko USD mo ng RMB.
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March 31st, 2023 02:31 PM #979
Nasa Finance Manila pa lang gusto na niya bumagsak ang USD, na kalbo na ako, same old song pa rin [emoji38]
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March 31st, 2023 02:31 PM #980
As expected, in response to Tesla’s entry into the Philippines market, Ford will be bringing in the...
Tesla Philippines