Business Insider: Israel adds China’s yuan for the first time ever while cutting its dollar holdings in biggest currency reshuffle in a decade

Business Insider: Israel adds China’s yuan for the first time ever while cutting its dollar holdings in biggest currency reshuffle in a decade

Israel’s central bank added yuan to its reserve holdings for the first time ever.

Previously, the bank only held US dollars, euros, and the British pound.

According to the IMF, the dollar’s share of the total global currency reserves has fallen to its lowest point in over two decades.

Business Insider: Israel adds China’s yuan for the first time ever while cutting its dollar holdings in biggest currency reshuffle in a decade

Le Pen’s Proposal To Divide Russia From China Is Unrealistic

It’s unimaginable that Le Pen can devise a rapprochement plan with Russia that’s attractive enough for it to simultaneously distance itself from China while abandoning its decree demanding that newly designated unfriendly countries pay for gas with rubles. That being the case, it’s possible that she had some ulterior motives behind publicly sharing her provocative proposal.

Le Pen’s Proposal To Divide Russia From China Is Unrealistic

RT: What is Russia’s Sanctions Survival Plan?

The launch of the military operation in Ukraine has drawn the ire of the US and its allies, who have hit Russia with unprecedented sanctions in order to destabilize the country’s economy and pressure Moscow into ending the conflict. Among the many penalties imposed on the country over the past month, its financial system, energy exports, and forex reserves have been targeted. However, hard times call for prompt response measures, and Russia has come up with a few.

RT: What is Russia’s Sanctions Survival Plan?

To Punish Russia The ‘Liberal Order’ Attempts To Suicide Itself

The ‘west’ had failed to understand Russia’s need to act. It has failed to make the necessary commitments, and accept Russia’s reasonable demands, to avoid the struggle. In consequence it will now fall apart. The knee-jerk reaction to Russia’s ‘special military operation’ in Ukraine will, as Alastair Crooke writes, lead to the end of the ‘liberal order’:

To Punish Russia The ‘Liberal Order’ Attempts To Suicide Itself