Global South: Gold-backed currencies to replace the US dollar

by Pepe Escobar, The Cradle: The adoption of commodity-backed currencies by the Global South could upend the US dollar’s dominance and level the playing field in international trade. Let’s start with three interconnected multipolar-driven facts. First: One of the key take aways from the World Economic Forum annual shindig in Davos, Switzerland is when Saudi […]

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