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Russia, China forge new financial system bypassing dollar, SWIFT

Russia and China are developing a financial system that bypasses SWIFT and the US dollar, aiming to establish a multipolar financial order. This initiative is framed as a move towards global solidarity against US economic influence. The development signals a potential shift in international trade and finance, with implications for global economic power structures. AI

RANK_REASON The cluster discusses geopolitical and economic commentary regarding a potential shift in financial systems, rather than a direct release or event.

Read on Mastodon — fosstodon.org →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Russia, China forge new financial system bypassing dollar, SWIFT

COVERAGE [1]

  1. Mastodon — fosstodon.org TIER_1 English(EN) · [email protected] ·

    🚨🌐No SWIFT, no dollar: Ruble–yuan system paves way for multipolar finance https:// x.com/SputnikInt/status/205716 7220514394602 🌎 # SOLIDARITY AGAINST 🇺🇸 # IMPE

    🚨🌐No SWIFT, no dollar: Ruble–yuan system paves way for multipolar finance https:// x.com/SputnikInt/status/205716 7220514394602 🌎 # SOLIDARITY AGAINST 🇺🇸 # IMPERIALISM # DonaldTrump # IsraelFirst # MIGA # technology # finance # solidarity # labour # multipolarity # Cuba # trade #…