Tag Archives: swift

RUSSIAN MIR Payment System ABANDONED by Foreign Countries due to FEAR of SANCTIONS from The West

Posted on October 26, 2022 by weehingthong

.. Mir Payment system Mir is a Russian card payment system for electronic fund transfers established by the Central Bank of Russia under a law adopted on 1 May 2017. Wikipedia Founded: 2015; 7 years ago Parent: PJSC NSPK (100% … Continue reading →

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Dethroning the Dollar as the World’s Reserve Currency is easier said than done

Posted on April 4, 2022 by weehingthong

.. https://www.bloomberg.com/opinion/articles/2022-03-03/dethroning-the-dollar-as-the-world-s-reserve-currency-won-t-be-easy .. Usurping Dollar’s Dominance Over World Is a Near Impossible Task America’s deep capital markets, economy seen as unparalleled Yuan viewed as afterthought even with progress: PineBridge By Ruth Carson, Libby Cherry, and Tania Chen 21 March 2022, … Continue reading →

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