De-dollarisation: Saudi Arabia’s Petrodollar exit and CBDC embrace
Saudi Arabia’s embrace of a multi-currency CBDC platform while simultaneously allowing its ‘Petrodollar agreement’ with the United States to expire calls into question whether the US dollar will be able to sustain its pre-eminence.
De-dollarisation: Broadening the Sino-Russian partnership to third countries
Systemic resistance continues with Sino-Russian exploitation of state-sponsored FinTech and third country currency swap agreements.