Russia and Myanmar: Stop the dollar! New trade pact planned

Russia and Myanmar: Stop the dollar! New trade pact planned

Russia on a secret mission! Put away your dollar bills, because Russia and Myanmar are planning a bold move in 2025: ditching the US dollar and trading in their local currencies, kyat and ruble, instead! The whole thing is part of a larger de-dollarization agenda of the BRICS nations. Yes, the international monetary landscape is being rocked as, according to Myanmar's Minister of Foreign Economic Relations, Kan Zaw, negotiations are proceeding quietly like a well-kept secret. A direct payment system between the two countries is on the table, as watcher.guru reported!

But it doesn't stop there! Russia and Iran are also planning a coup in the defense sector soon, without the dollar deal. Your plan? Juggling only the rial and the ruble while foregoing the superpower currency. The BRICS group is thus continuing to shake the throne of the greenback and is working hard on de-dollarization. Who would have thought? The US dollar may be facing stormy times ahead and, according to dispatches, will be challenged by local currencies that may soon take the lead role over the next few decades - an exciting turn of events! There are more details on this tense topic in the full report on watcher.guru.