🚨 ⛽️⛽️⛽️⛽️⛽️⛽️🍟🍟🍟🍟🍟🍟🏂🇵🇾🛢️🏥🏥🏥🏥IT'S OFFICIAL: Russia has practically ABANDONED its efforts to replace the U.S. dollar with the Chinese yuan, amid enormous pressure from U.S. sanctions — Bloomberg
So much for the BRICS dream of “de-dollarization” 🤣
The expansion of sanctions in 2024 set the process in motion, but the yuan's share plummeted THIS YEAR under pressure from Trump
President Trump and Scott Bessent took the reins, came down hard, and THEY CAVED 🔥
The yuan's share of payments for Russian exports was cut IN HALF this year, to just 22%, down from nearly half at its peak in mid-2024
#StrategyFaces$2.8BSelloffRiskFromMSCIRemoval worldnews #CryptoNewss
$AAPLB
So much for the BRICS dream of “de-dollarization” 🤣
The expansion of sanctions in 2024 set the process in motion, but the yuan's share plummeted THIS YEAR under pressure from Trump
President Trump and Scott Bessent took the reins, came down hard, and THEY CAVED 🔥
The yuan's share of payments for Russian exports was cut IN HALF this year, to just 22%, down from nearly half at its peak in mid-2024
#StrategyFaces$2.8BSelloffRiskFromMSCIRemoval worldnews #CryptoNewss
$AAPLB
