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MainNewseconomic power
US Share of World Economy Projected to Reach Historic Low

US Share of World Economy Projected to Reach Historic Low

The U.S. share of the global economy has fallen below 15% during President Joe Biden’s term, according to Sputnik’s analysis of World Bank and Inte...
BRICS Countries Deem US Dollar Less Important in Global Trade, Says Indian Expert

BRICS Countries Deem US Dollar Less Important in Global Trade, Says Indian Expert

The vice chairman of the BRICS Chamber of Commerce and Industry, Sameep Shastri, has highlighted the economic bloc’s shift away from reliance on th...
India-Russia Oil Deals Chip Away at Dollar Dominance in International Trade

India-Russia Oil Deals Chip Away at Dollar Dominance in International Trade

On Wednesday, Reuters reported that Western sanctions on Russia and oil trading between Moscow and India have started to erode the dollar’s decades...