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China Forces Australia To Settle Deals in Chinese Yuan, Banks Say No

China Forces Australia To Settle Deals in Chinese Yuan, Banks Say No

China is arm-twisting Australia to settle trade deals in its local currency, the Chinese yuan, but Australian banks…
Bank Of China Completes First Cross-Border Digital Yuan Commodities Trade

Bank Of China Completes First Cross-Border Digital Yuan Commodities Trade

The Bank of China Hong Kong, the second largest bank in the region, has completed its first cross-border digital yuan-based trade. The transaction,...
Algeria Readies $1.5B BRICS Bid: Major Move for Membership in the Cards?

Algeria Readies $1.5B BRICS Bid: Major Move for Membership in the Cards?

As quoted by Ennahar TV, Algerian president Abdelmadjid Tebboune has signaled that Algeria — Africa’s largest nation — is eager to align itself wit...