🇨🇳💴❌🇺🇸💵 — 🏴 ZeroHedge | The Start Of De-Dollarization: China's Move Away From The USD | May 24, 2024:
"Since 2010, the majority of China’s cross-border payments, like those of many countries, had been settled in U.S. dollars (USD). As of the first quarter of 2023, that’s no longer the case.
As Visual Capitalist's Julian Wendling shows in the grahic [above], from the Hinrich Foundation, the Chinese renminbi (RMB) is growing in popularity in payments both domestically and globally.
(...)
As of March 2024, over half (52.9%) of Chinese payments were settled in RMB while 42.8% were settled in USD. This is double the share from five years previous. According to Goldman Sachs, foreigners’ increased willingness to trade assets denominated in RMB significantly contributed to de-dollarization in favor of China’s currency. Also, early last year, Brazil and Argentina announced that they would begin allowing trade settlements in RMB."
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The village of Piddington has voted for independence from the United Kingdom and to become a self governing village in a landslide vote.
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This comes after news that over 3,000 illegal migrants are to be dumped in their village.
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Many have asked my opinion on a possible Russia-NATO conflict.
This is going to annoy many people, and hopefully give them a reality check, but my opinion is very simple.
1. Russia had some valid strategic and ideological reasons for what it did in Ukraine, regardless of whether I condone the invasion or not. Was it successful? Arguably yes, arguably no—it depends on what you consider as the war’s key objectives. The war actually pushed two neutral countries into NATO and pulled Ukraine even further away from Russian influence.
2. Russia does not have any valid strategic reason to invade the Baltics or any other NATO territory. Any attack on the Baltics cannot be excused as ‘protecting Russian culture & language’ or fighting ‘Nazism’. If this does happen, it’ll be a clear sign of expansionism, nothing more and nothing less. Russia is not a saintly country and I don’t put it past them.
3. If Russia does miscalculate and invade NATO territory, it will backfire ...
🌆 Market News Digest
[Sept 22, 2026 EST]
🔥 Top Stories
• Trump says US-Iran talks were “very productive” — White House/mediators signal momentum on a deal; Hormuz reopening and sanctions relief remain central
• Oil swings on Hormuz diplomacy, then settles lower — Brent/$94.59 WTI after ceasefire/deal hopes offset blockade and tanker-risk headlines
• Trump UNGA speech: hard line on Iran, AI, Greenland — urged isolation of Iran, vowed no global AI controls, signed Greenland security deal
• US stocks end mixed; Nasdaq hits fresh record — chip/AI names led, while banks lagged and rates stayed firm
⛽ Oil & Energy
• Hormuz remains the key market risk — Iran alternates between reopening talk and threats; U.S.com/Gulf push de-escalation and alternative flow routes
• Aramco, Libya, Iraq headlines support supply-watch — Aramco eyes gas reorg/listings; Libyan shutdown trims output; Iraq exports top 3 mln bpd
📊 Markets & Macro
• Fed speakers stay hawkish-ish — Collins/Barkin ...