Macron says that the agreement with Mercosur is a 'bad deal' and that it is time for the EU to challenge the US dollar with joint loans
French President Emmanuel Macron criticized the EU-Mercosur agreement as a bad deal and advocated for the establishment of a joint borrowing mechanism in the EU to strengthen its economy and challenge the dominance of the US dollar.
Macron says it's time for the EU to challenge the US dollar with joint loans and that the agreement with Mercosur is a 'bad deal'
French President Emmanuel Macron argues for a joint loan mechanism in the EU to challenge the US dollar's dominance and criticizes the EU's agreement with Mercosur.
Amid currency calm, dollar loans surged in January and the Government wants to enable them for families
The calm currency climate at the beginning of the year favored the issuance of dollar loans, which experienced significant growth in January, and the Government aims to extend these loans to families, not just businesses.
Chinaβs plan to internationalise yuan quietly takes a step forward as Zambia gets on board
Zambia's decision to repay loans and import costs in Chinese yuan highlights its practical need to combat US dollar shortages and manage debt, while simultaneously supporting China's long-term strategy to globalize its currency.