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UAE mulls shifting to Chinese yuan from US dollar for oil...

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Move could challenge dollar dominance in global energy trade The United Arab Emirates is exploring options to safeguard its economy amid escalating tensions with Iran,...

BRICS expansion could end US dollar dominance in oil trade: US...

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Petrodollar era to end? With the BRICS emerging as a major trading bloc with its expansion of six more countries, including Saudi Arabia, since the...

China slides into deflation; consumer, producer prices contract

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China marks its first decline since February 2021 China’s consumer and producer prices both declined for the first time in the last couple of years...

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