News & Thoughts

From Dollar Dominance to RMB Ascendancy: A Global Financial Shift?

The American royal family has not yet declined, but the hegemony of the US dollar has already begun to crumble. France fired the first shot for Europeans to use the RMB for settlement. During Macron’s visit to China, the Sino-French liquefied natural gas transaction was settled in RMB. At the same time, before the Brazilian […]

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Aftermath of the Fall of SVB and Credit Suisse on The Financial Market

Global markets have recently been divided by the Atlantic, with the West Coast busy dealing with Silicon Valley Bank’s mess, and the East Coast busy cleaning up Credit Suisse’s mess. Even though Credit Suisse’s crisis may only be a micro-level individual crisis, the Swiss government chose to intervene forcefully at the first opportunity. It should […]

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