Worldwide adoption of China's currency, the renminbi (RMB), is gaining steam as the de-dollarization push takes hold across the non-G7 countries.

Two macro factors are accelerating the growth of the RMB in place of the US dollar as the preferred currency for trading and settlements. The economic sanctions against Russia, which froze and then seized billions of dollars of Russian USD reserves held in custody in Western banks, are forcing countries and companies to de-risk by moving their reserves from SWIFT-associated financial institutions. Another crucial factor is the high US interest rates, which are sucking in hundreds of billions of dollars from global accounts to feed huge and growing fiscal deficits.

High US government borrowing causes USD to be drained from the global system. Ironically, this causes USD to gain in value outside the US, while feeding inflation and reducing the dollar's strength inside the country.

Simply by moving its USD and Euro reserves from US and European banks to Chinese-based institutions, Chinese banks enjoy the best of all worlds: they receive billions of USD and Euro every day through trading surpluses, and can then lend those foreign currencies and create assets and economic activity on their own balance sheets. Analysis of Chinese banking and lending data confirm explosive growth in Chinese lending abroad, in both RMB and USD.

Resources and links:

Inside China Business, China isn't dumping dollars. They're dumping banks, and setting up a new financial system.
https://www.youtube.com/watch?v=DnzuR-kog-w

National Debt of the United States
https://en.wikipedia.org/wiki/....National_debt_of_the

SCMP, Global use of China’s yuan up sharply, beating pound and yen on internationalisation index
https://www.scmp.com/economy/e....conomic-indicators/a

The renminbi overtakes the euro as a trade settlement currency as its use in global trade finance accelerates
https://asiahouse.org/research...._posts/the-renminbi-

Bloomberg, The Yuan Is Finally Showing Some Muscle in International Trade
https://www.bloomberg.com/opin....ion/articles/2023-12

Third time lucky? China’s push to internationalise the renminbi
tps://www.bruegel.org/policy-brief/t....hird-time-lucky-chin

Closing scene, Guilin, Guangxi province

Brazil has always promoted itself as a country where there are no problems with interracial union but upon deeper analysis, we discover that there are sometimes issues, specifically when white Brazilians date black Brazilians and the time comes to present new partners to the family.

Please Visit our Website to get more information: https://blackbraziltoday.com/

🔔Explore the true narrative of Brazil – Subscribe to Black Brazil Today for insightful discussions on race, culture, and media.🔍
=============================

✅ About Black Brazil Today.

Welcome to Black Brazil Today, a channel that explores black Brazilians' vibrant and diverse experiences✊. Get into our in-depth race, culture, and media discussions, highlighting Brazilian society's significant strides and challenges.

Join us as we dissect racial dynamics, celebrate black Brazilian culture, and amplify voices often unheard. From music and movies to social movements, we bring you the real stories shaping black Brazil's narrative. Subscribe to be part of a community committed to truth, representation, and change. 🎥🌍💬

🔔 Let's Explore the untold stories – Subscribe to Black Brazil Today for the latest on black Brazilians in news, music, and entertainment. 🎵📰

=================================
#interracialdating #datinginbrazil #interracialrelationships #racismindating
#blackwomenwhitemen #interraciallove #blackbrazilianwomen #afrobrazilians

⚠DISCLAIMER: We do not accept any liability for any loss or damage incurred from you acting or not acting as a result of watching any of our publications. You acknowledge that you use the information we provide at your own risk. Do your research.

Copyright Notice: This video and our YouTube channel contain dialogue, music, and images that are the property of Black Brazil Today. You are authorized to share the video link and channel and embed this video in your website or others as long as a link back to our YouTube channel is provided.

© Black Brazil Today

Official Audio for Can You Feel It by Dj Private Ryan & Terri Lyons off the the upcoming "World On Fire" album.

Produced and written by Dj Private Ryan

Grab your copy here:

Click here to never miss another video again! http://smarturl.it/DJPrivateRyanYouTube

Follow DJ Private Ryan here:
Facebook - https://www.facebook.com/Dj-Pr....ivate-Ryan-319588535
Instagram - https://www.instagram.com/djprivateryan
Twitter - https://twitter.com/DjPrivateRyan
SoundCloud - https://soundcloud.com/djprivateryan
Spotify- http://smarturl.it/DJPrivateRyanSpotify
Website - http://djprivateryanmusic.com

Pure Akan
Song Titles:
▶ Mensei Da
▶ Me Sika Aduro
▶ Aprodoo

Follow:
Pure Akan Instagram | https://www.instagram.com/pureakan/
B2tR Instagram | https://www.instagram.com/b2tr.unplugged/
Spotify | https://open.spotify.com/artis....t/7gokJukppUKeH1t6RB

Back To The Roots is an intermedia format discovering inventive ways to illustrate an authentic contemporary narrative of the many places we come from through creativity and expression. Taking on the undertaking to explore for unique creators while building a stage highlighting talented individuals and collectives from a global community. The format is a medium to collaborate with local talents anywhere, making new avenues by which we may learn from each other.

Our first stop is Accra, Ghana.

Thank you to Soundboks for supporting this production and to everyone who helped make this all possible!

ANUNNAKI: THE SCIENTIFIC EXPLANATION
This is a series of Live YouTube presentations which seek to address the topic of the Anunnaki - beings who "descended from the heavens." Dr Luyaluka will explain the role of the Anunnaki as an integral part of the creation process, a process to be scientifically explained thanks to nature and deductive logic.
More infos about this event can be found on our website: https://kongospirituality.com/....kongo-spirituality-c
The four videos will be released one every sunday from 1st September 2024 on our YouTube channel (www.youtube.com/@nzilalowa1)

https://conference.abibitumi.com
⁣https://www.abibitumi.com/?s=KMT&post_type=product
$obenfoobadele on $cashapp

https://conference.abibitumi.com
$obenfoobadele