This issue of the international edition of Wenhua Zongheng (文化纵横) explores the widely debated topic of de-dollarisation. The articles examine the US dollar’s hegemonic status in the international economic order, efforts across the Global South to develop alternatives, and the role of the BRICS in this process.
https://thetricontinental.org/wenhua-zongheng-2024-1-brics-dedollarisation-opportunities-challenges-2/
From De-Risking to De-Dollarisation: The BRICS Currency and the Future of the International Financial Order by Gao Bai
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Somehow this is the first I've heard of this? I'm a little shocked. I just assumed Switzerland was always gonna be the neutral banking country. Really seems like they've shot themselves in the foot here.