Tag: Reliance
BRICS Developing New Payment System To End Reliance on the U.S. Dollar
Russian diplomat Roman Babushkin confirmed that BRICS is developing a new payment system to end reliance on the U.S. dollar. The new payment mechanism...
India’s reliance on Russian oil may be ‘approaching a limit’
An oil refinery in Mumbai, India, operated by Bharat Petroleum.Dhiraj Singh | Bloomberg | Getty ImagesAnalysts told CNBC that India's ability to import more...
U.S. lawmakers to urge automakers to cut their reliance on China
The under-$30,000 Chevrolet Bolt is assembled in Orion, Mich., giving GM a recent jump over Ford in electric vehicles and a distant second to...
More Countries Look To End Reliance on U.S. Dollar
The BRICS alliance is gaining strength as new countries emerge expressing interest to end reliance on the U.S. dollar. The two-day conference with foreign...