Many countries are abandoning the greenback since it is used as a political tool, Vyacheslav Volodin has said
The US has lost its economic dominance, Russian State Duma Speaker Vyacheslav Volodin wrote on his Telegram channel on Sunday.
Attempts to regain it by unleashing “military conflicts, sanctions and trade wars, organizing terrorist attacks and destroying the European economy” have not brought Washington the desired results, according to Volodin.
Russia’s top lawmaker called the dollar the only remaining instrument of US influence. However, other countries are increasingly abandoning it because Washington is using the greenback as a weapon in a “political battle.”
He added that US President Joe Biden was depriving his own country of its “last advantage,” since such threats do not build confidence in either the country itself or its currency.
The global trend towards using national currencies in trade instead of the dollar began to gain momentum last year, after Ukraine-related sanctions cut off Russia from the Western financial system and froze its foreign reserves.......more below
https://www.rt.com/business/589652-biden-destroying-us-dollar/
Russian Foreign Ministry spokeswoman Maria Zakharova earlier said that the treaty provides for various forms of bilateral cooperation.
The comprehensive strategic partnership agreement between Russia and Iran has entered into force, Iranian Ambassador to Russia Kazem Jalali told Sputnik.
"It is already binding," Jalali said when asked about the date of entry into force of the agreement, as well as whether Iran had notified Russia of the completion of internal procedures.
He recalled that the treaty was ratified by both chambers of the Russian parliament, and Russian President Vladimir Putin signed it. At the same time, the document was ratified by the Iranian parliament, approved by the Guardian Council, and the president issued it as a law.
"Therefore, in both countries it currently has the form of a law and, naturally, has entered into force," Jalali said.
On January 17, Putin and his Iranian counterpart, Masoud Pezeshkian, met in Moscow to sign the Comprehensive Strategic ...
Defying the United States threats, ministers from more than 30 nations have packed Bogotá’s San Carlos Palace to charge the Israeli regime with genocide over its October 2023-present brutal military assault against the Gaza Strip.
The dramatic display of international solidarity saw dozens of high-ranking officials from across the globe convene inside the stately palace on Tuesday, determined to hold the regime accountable for, what they unequivocally called, a “war of genocide.”
The two-day emergency summit, organized under the auspices of The Hague Group -- a coalition co-chaired by Colombia and South Africa -- had representatives, ranging from such countries as Algeria and Brazil to Pakistan and Spain, in attendance.
The participants described the drive as a coordinated effort to stop the Israeli atrocities.
Behind closed doors, ministers and envoys, meanwhile, engaged in intensive sessions aimed at drafting collective measures to pressure the regime -- steps expected to be unveiled by ...
