Source link Washington should act with increased speed to develop supply chains for critical minerals from Africa, a USIP report says Washington could advance its policy goals in Africa through strategic investment in an effort to reduce reliance on China for supplies of critical minerals, the United States Institute of Peace (USIP) said on Tuesday. […]
Tag: dominance
Race for global economic dominance sees ‘striking turn of fortunes’ – ex-IMF official — RT Business News
Source link The assumption that China will eventually overtake the US as the world’s largest economy now seems less certain, Eswar Prasad has said The US has extended its lead over China in the race for the globe’s largest economy, Bloomberg reported on Friday. The American economy defied forecasts in outperforming China’s last year, according […]
US dollar losing its dominance – data — RT Business News
Source link The greenback’s share of global reserves plummeted below 60% in the third quarter of 2023, according to the IMF The US dollar’s share of global central bank reserves has continued to decrease, nosediving to 59.2% in the third quarter of 2023, according to the latest data released by the International Monetary Fund (IMF). […]
Global South challenges Western dominance in fashion — RT India
Source link The BRICS+ Fashion Summit in Moscow was the group’s first ever event dedicated to the clothing industry Indian apparel designers and traders on Friday lauded Moscow’s efforts in extending the reach of the BRICS group – comprising Brazil, Russia, India, China, and South Africa – to the fashion industry. Earlier this year at […]
West’s ‘500-year dominance’ ending – Lavrov — RT World News
Source link The formation of a multipolar world is the objective course of history, the Russian foreign minister said The 500-year-long dominance of the West is coming to an end, being replaced by “a new polycentric world,” Russia’s foreign minister, Sergey Lavrov, said Sunday in a video address to the Doha Forum. The minister expressed […]
Middle East royal calls for end to Western ‘dominance’ — RT World News
Source link The current unfair world order dominated by the West needs to end, Omani Crown Prince Prince Theyazin bin Haitham Al Said said on Thursday, speaking with President Vladimir Putin. Prince Theyazin was in Moscow for the ‘Russia Calling’ Forum hosted by VTB Bank. He met with the Russian leader on the sidelines of […]
Dominance of Western banks will end – Putin — RT Business News
Source link New technologies are threatening the West’s archaic financial system, according to the Russian president The Western financial system is becoming outdated because of new technologies and could lose its dominant global position in the near future, Russian President Vladimir Putin said on Thursday. Addressing the VTB Investment Forum in Moscow, Putin pointed out […]
Western economic dominance over – Lavrov — RT Business News
Source link A new era characterized by multipolarity is being formed, the Russian foreign minister has told RT © Getty Images/WOWstockfootage You can share this story on social media: Follow RT on