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‘Dollar’s Decades-Long Dominance’

Report: BRICS Expansion Aims to Reduce ‘Dollar’s Decades-Long Dominance’

The news outlet referred to the group’s summit in South Africa last month, when the alliance “took a major step toward flexing its communal currency muscle", according to Sputnik.
dollarization of fees and taxes

Budget 2024 seeks an unconstitutional full dollarization of fees and taxes

While the government hopes that dollarizing fees and taxes will help to limit inflation and stabilize the country, it in fact poses a significant risk of further impoverishing the people and worsening the crisis.
house prices

Despite Russia’s war, house prices in some parts of Ukraine still rise

The very names of suburbs where Marina Krasnolenska sells real estate may make one tear up. Bucha, Irpin, Vorzel and nearby areas north of the Ukrainian capital are where Russian servicemen were accused of killing, wounding, robbing or raping thousands of civilians.
Iranian crude

China’s independent refiners stocking up on Iran’s crude oil

Figures show that the demand for Iranian crude is growing in China, the world's biggest oil importer, after the extension of supply cuts by Saudi Arabia and Russia and as Tehran is stepping up its oil output and exports.
Bangladesh climate migrants

No room to cut: Rising inflation traps Bangladesh climate migrants

As fuel prices and the cost of living soar, Bangladesh's poorest warn "I can't survive".
U.S. stock indexes

Wall St slips as Treasury yields rise, oil prices boost energy sector

Wall Street's three major averages closed lower on Tuesday with the Dow leading declines as Treasury yields rose along with oil prices and investors assessed prospects for the Federal Reserve's interest rate path.
Shalamcheh-Basra railway

Iran, Iraq lay foundation stone for Shalamcheh-Basra railway

Iraqi Prime Minister Mohammed Shia’ al-Sudani and Iran’s First Vice President Mohammad Mokhber have laid the foundation stone for the cross-border railway line connecting the two neighboring countries.
Internet-only banks

Internet-only banks face dilemma in expanding loans to low-credit customers

In the second quarter of this year, internet-only banks did not meet their objective regarding loan ratios for individuals with medium to low credit scores. Although expanding loans to this demographic was originally a primary focus for these banks, they now face a dilemma as widening the loan base could compromise their financial stability.
Iran's exports

Iran’s exports to West Asia top $7.2 bn in 4 months: TPOI

Director general of the West Asia Department of the Trade Promotion Organization of Iran (TPOI) has said that Iran's exports to West Asia hit $7.2 billion in the first four months of the current Iranian year (March 21-July 22).
dry port & logistics centre

Egypt signs major deal with Swiss MEDLOG to build new dry port & logistics...

The General Authority for Land and Dry Ports (GALDP) has signed a 30-year agreement with Swiss MEDLOG Transport & Logistics company to develop a dry port and a logistics centre in the 10th of Ramadan City.

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