Sunday, 14 August 2022 — Global Times
Washington has only itself to blame for growing de-dollarization trend
By Wen Sheng
Illustration: Chen Xia/Global Times
After the breakout of the Russia-Ukraine conflict early this year, US-led Western governments imposed a raft of sweeping financial sanctions on Moscow including freezing its foreign exchange reserves. The thought the US may move to grab anybody’s assets who refuses to obey Washington’s dictates is truly unnerving, which is now inducing more countries to diversify their reserve assets away from US dollars.


Former CIA Director Mike Pompeo (Photo: 

[Source:
Charles Eisenstein
Iranian envoy to the IAEA in Vienna, Mohsen Naziri Asl, leaves Palais Coburg, venue of closed-door nuclear talks, August 5, 2022