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

Mama Bayyinah Bello London UK 2018

⁣"The United States of Africa" Debate On STV With Jessie Bawak [2012]

Award-winning author Ngũgĩ wa Thiong'o presented his recently released publication, "Minutes of Glory And Other Stories." Local high school students read excerpts from his works in Gikuyu and English.

- Noted as a perennial favorite to win the Nobel Prize for Literature, Ngũgĩ wa Thiong'o is an award-winning, world-renowned Kenyan novelist, scholar and playwright, who has been publishing written works for more than 50 years in more than 32 languages. He is the founder and editor of the first Gikuyu-language journal and is currently a distinguished professor of English and comparative literature at the University of California, Irvine.

For transcript and more information, visit https://www.loc.gov/item/webcast-8790

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LEAF's Integrated Farm Management (IFM) makes sense of complex farm decision-making. This film outlines the key elements of IFM by showing what they are and how they interconnect on the farm.
This film, one of eleven, is being used to share good agricultural practice in Africa.
LEAF (http://www.leafuk.org), Waitrose, African fresh produce exporters and Green Shoots Productions (http://www.green-shoots.org) have been working with support of the UK Department for International Development's Food Retail Industry Challenge (FRICH) fund to share good agricultural practice between African farmers.

THE CIA: ON COMPANY BUSINESS

We once again examine that dark, vicious world of the CIA -- the use of U.S.
labor organizations, the overthrow of legitimate governments, providing arms
to favored groups, covert use of the American mass media, U.S. torture
schools and CIA torture supervisors abroad -- all resulting in great human
suffering and the deaths of hundreds of thousands of people and in the
maintenance of repressive regimes. Sections of the meticulously documented,
award-winning film _On Company Business_ are interspersed with the comments
of ex-CIA officer John Stockwell, and Molly Dougherty who worked on the
film. John also comments about the pending legal action against him by the
CIA, and a fundraiser for his legal defense fund, to be held at the
University of Texas.

Recorded June, 1980
News: February 10, 1987
Copyright March, 1987
Credits

Co-hosts: Frank Morrow and Doug Kellner
Researcher: Mike Jankowski
Technical adviser: Brian Koenigsdorf
From the Internet Archive. George Bush R.I.P.

#####
Reelblack's mission is to educate, elevate, entertain, enlighten, and empower through Black film. If there is content shared on this platform that you feel infringes on your intellectual property, please email me at Reelblack@mail.com and info@reelblack.com with details and it will be promptly removed.

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Inspirations to this video:

Webnation Africa - WE MOVED FROM THE USA TO GHANA , I WOULDN'T GO BACK TO THE USA EVEN WITH $100 AN HOUR JOB
https://www.youtube.com/watch?v=mlpzI5iRcEA

Journey With Us - BREAKING‼️ Global Microsoft (CrowdStrike) OUTAGE **IT STARTED***
https://www.youtube.com/watch?v=0htUCs_rB34

Ashley in Afrika - We're Leaving South Africa *Here's Why*
https://www.youtube.com/watch?v=ZeFPH2KZpBQ

Infinite Waters (Diving Deep) - 'MOST SERIOUS IT OUTAGE EVER' | Microsoft Crashes The World: What They're Not Telling You!!!
https://www.youtube.com/watch?v=p9b5zekGtkk

Ashley in Afrika - We Moved from Atlanta to Africa: I WOULDN'T GO BACK TO AMERICA EVEN WITH A $100K+ JOB
https://www.youtube.com/watch?v=8kq3OrStFIk&t=2s

Witness Our Divine -Transform Your Relationship: Practical Steps & Strategies
https://www.youtube.com/watch?v=r0HHoKZ3HAY&t=15s

Ashley in Afrika - WARNING: Traveling to Africa will be HARDER in 2024
https://www.youtube.com/watch?v=OaTjWBSq1iA

Africa, African Americans in South Africa, Johannesburg, Cape Town, Sandton, KZN, Durban, KwaZulu-Natal, Chaka Zulu, Khoisan, Zulu, Xhosa, The Real South Africa, Nigeria, Lesotho, Black Americans, White Americans, South African History, African American Woman Returns Home to South Africa, Ghana, Kenya, South Africa, Rwanda, African Americans in Tanzania, Dar Es Salaam, Dadoma, Zanzibar, Black British, Black Americans, African American Woman Returns Home to Africa, Inflation, Economics, Commodities, Expat Life, Life Abroad, Move to Africa, move to Ghana, move to Tanzania, move abroad, black expat, expat life, Rwanda, Tanzania, Zanzibar and South Africa, Cape Town. Mombasa Kenya, Nairobi kenya, Nairobi city, South Africa economy, South Africa economy, doing business in South Africa, SME, contract funding south africa, business in africa, business week, BRICS, invest in south africa, doing business in south africa, building relationships in Africa, building relationships in businesses, social media for businesses, bank failure, bank collapse, SVB, bailout, trade in Tanzania, Zambia, moving to africa from america, living in africa, moving to africa, moving to south africa, dar es salaam, dar es salaam tanzania, south africa today, south africa vlog, move to south africa, african americans in south africa, ex-pat in africa, ex-pat life in africa, culture in Africa, safety in Africa, crime in Africa, cost of living in Africa, quality of life in Africa, health care in Africa, transportation in Africa, education in Africa, jobs in Africa, careers in Africa, development in Africa, food in Africa, weather in Africa, investing in real estate in africa, how much is healthcare in Africa, how much is healthcare in South Africa, how much is healthcare in Johannesburg, how much is healthcare in Cape Town, medical costs in South Africa, BRICS, BRICS currency, New Years Resolutions, Community, New Year New Me, vision board, briics, brics world, brics currency, brics de-dollorization, living in Johannesburg, gauteng Johannesburg, Johannesburg south, working nomad, digital nomad, work for nomads, loadshedding, south Africa water crisis, south Africa water shortage, south Africa power crisis, south Africa power shortage, make money online, e-commerce, drop shipping, ad sales, Shopify, how to get rich, Google Skill Shop, how africa changed my life,
Meta Blueprint, life in african countries, black moving to africa, leaving america for a better life, moving to tanzania from America, living in Africa as an American,

⁣BLOCUS - Bayyinah Bello - ESKE OU KONNEN KE MWA OKTOB LA SE MWA MADICHON NA ISTWA NOU?

⁣Gikuyu Tradition_Culture

Bajan Stick Licking

The Igbo Lesson for today is a centered around 3 main words - Ball, New and Play . The Title of the Story is Chuka nwere okpole - Chuka has a ball.

The words are colour coded so that you can follow and learn the Igbo words with its English translation. As with other Learn Igbo videos, you are encouraged to follow along and pronounce the words as I say them. Practice makes perfect.

At Learn Igbo Now, my mission is to create fun materials to help you learn Igbo language and culture. These include tutorial videos, books, audio, learning aids like posters, workbooks and downloadable worksheets.

If you like this video, like it 👍🏾 and subscribe to my channel :
https://www.youtube.com/user/l....earnigbo?sub_confirm

If you have any comments to make about this video, do let me know in the comments section below.

FREE Welcome Pack - Digital Igbo Learners' Pack
Get these for free! An Igbo Colouring book for adults, Full colour Igbo learning Posters, finger tracing Igbo alphabet cards, and 6 simple reader Storybooks in Igbo and English.
https://www.learnigbonow.com/Igbotic-newsletter

My Igbo books on Amazon
https://amzn.to/3afF2WG

Igbo Inspired T shirts, Hoodies and more
https://www.igboswag.com/

#igboclass #learnigbo #igbolanguage

Akosua's song special request at the joint birthday party gotta love Baby Shark

Juk in Geechee

Onuora's latest docu-series sees him travel to Egypt in search of the Ancient Egyptians culture and how it relates to the rest of Africa.

KMT is EGYPT through the eyes of an AFRICAN.

Masikandi

FUNKNATION Facebook Group Link Below:
https://www.facebook.com/groups/615349122180598/

So very strange and interesting tech from Ghana ( Accra )
Merch Store - https://www.spreadshirt.com/shop/user/jmantime/
#ghana #youtube #scifi

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➡️ Watch More Reasonings From Mutabaruka:
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In this reasoning, Rastafari dub poet, musician, actor, educator, and radio host Mutabaruka lashes out against peopele who throw garbage any and everywhere disregarding the earth.

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➡️ Listen To The 'Generation Gap Riddim':
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