July 10, 2025

US Dollar Dominance Under Fire as Sanctions Push Nations to Alternatives

1 min read

A top Russian diplomat has squarely blamed former President Joe Biden for the U.S. dollar’s shrinking dominance in global finance, accusing Washington of using payment systems as tools of political coercion. Framing it as a consequence of American economic pressure tactics, Russian Foreign Ministry spokeswoman Maria Zakharova alleged that Biden’s administration deliberately isolated nations from

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