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2023-08-28 23:04
By Ali Karbalaei
What can enlarged BRICS achieve?
U.S. abused the global economy with its dollar
TEHRAN – “We are concerned that global financial and payment systems are increasingly being used as instruments of geopolitical contestation,” Cyril Ramaphosa, South Africa’s president, told last week's BRICS summit.
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2023-03-30 14:56
Brazil, China strike trade deal agreement to ditch US dollar
Brazil and China have reportedly struck a deal to ditch the U.S. dollar in favor of their own currencies in trade transactions.
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2023-03-14 11:24
By Martin Love
If a World War, pushed by U.S., is avoided, real multipolarity and much less conflict is ahead
Few developments are as positive for the Middle East and the Global South than the agreement between Iran and Saudi Arabia to reestablish diplomatic relations. And better still is that the Chinese, after long discussions between the two countries with Chinese help, brokered the deal.
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2022-07-30 22:14
Iran, Russia to take lead in global oil market: MP
TEHRAN - An Iranian lawmaker has said that the signing of a cooperation agreement between the Russian Federation and the Islamic Republic of Iran, two major energy producers, might open the door for both countries to seize the lead on the world oil market, IRNA reported on Saturday.
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2021-08-15 20:42
By Mohammad Mazhari
Cryptocurrencies can’t replace currencies: American economist
TEHRAN - A professor of applied economics at the Johns Hopkins University in Baltimore says that cryptocurrencies can’t replace currencies as they are nothing more than highly speculative assets.