Tag: cips
Why the US currency is more vulnerable than ever
The vulnerable US dollar The debate about the impending US default is weakening confidence in the US financial system. This hits the world’s number one currency in a critical phase.…
Why the US currency is more vulnerable than ever
The vulnerable dollar The debate about the impending US default is weakening confidence in the US financial system. This hits the world’s number one currency in a critical phase. The…
Why the US currency is more vulnerable than ever
The vulnerable dollar The debate about the impending US default is weakening confidence in the US financial system. This hits the world’s number one currency in a critical phase. The…
How China could shore up Russia’s financial system
Xi Jinping Will he help Russia to cushion the economic crisis? (Photo: imago images/Xinhua) Beijing As Western banks and corporations declare their withdrawal from Russia, Moscow’s attention turns to a…
China’s Swift alternative Cips could benefit from sanctions
Chinese bank counter The Swift sanctions could strengthen China’s payment information system Cips. (Photo: Xu jingbai – Imaginechina/laif) Beijing The exclusion of Russian banks from the payment information system Swift…