#ASEAN News

BRICS: 16 Asian Countries Move to Ditch the U.S. Dollar
watcher.guru BRICS is moving at a rapid pace to sideline the U.S. dollar and promote their native currencies for global trade. Around 41 countries have expressed their interest to join…

Cuban President: Ditching US Dollar Frees Countries From Sanctions and Aggression
news.bitcoin.com Cuba’s president, Miguel Diaz-Canel, says the U.S. dollar’s global reserve currency status enables the United States to pursue an “aggressive hegemonistic policy of building…
Asia markets mostly higher as U.S. debt ceiling bill passes House vote
cnbc.com People are reflected in an electronic quotation board displaying the 225-issue Nikkei Stock Average (top) as they cross a street in Tokyo on May 17, 2023. (Photo by Kazuhiro…

Southeast Asia's digital economy may be set to hit $1 trillion, but roadblocks remain
cnbc.com Southeast Asia's digital economy has plenty of growth potential, backed by strong fundamentals including over 460 million digital consumers, young and tech-savvy…

Russia Actively Shifting to Settlements in National Currencies, US Dollar Share Declining, Says Foreign Minister
bitcoin.com Russia is actively shifting to settlements in national currencies with its partners, Foreign Minister Sergey Lavrov has affirmed. He expects the transition away from the…

China Illegally Entered Vietnam’s Waters. Russia Is Raising The Stakes
forbes.com When you’re in a geopolitical dispute with your bigger, stronger neighbor, the last thing you want is Russia taking their side. That’s exactly what’s happening to Vietnam in…

BRICS Currency: Belarus Wants New Economic Union With Zero Restrictions
watcher.guru Belarus is looking to join the BRICS alliance to sideline the U.S. dollar for international transactions. The Eastern European wants to accept the BRICS currency for…

Belarus Seeks to Deepen Ties With BRICS, SCO, ASEAN
bitcoin.com Belarus President Alexander Lukashenko says his country’s response to sanctions is to deepen relations with the BRICS, the Shanghai Cooperation Organization (SCO), and the…

American Officials Erase US Role in Empowering Their New Number One Enemy China
nakedcapitalism.com As Washington increasingly inflates the China threat, a few pieces of sly propaganda to sell that conflict are coming more into focus. Recent speeches devoted to China by…

Xi Jinping and Putin Discuss BRICS Cooperation With Brazil’s President
bitcoin.com Chinese President Xi Jinping and Russian President Vladimir Putin engaged in phone conversations with Brazilian President Luiz Inácio Lula da Silva regarding their joint…

Thailand to Join and Adopt BRICS Currency?
watcher.guru With the BRICS bloc actively discussing expansion, could Thailand join the alliance and adopt the BRICS currency? Currently made up of Brazil, Russia, India, China, and…

Former Malaysia PM Mahathir calls for ASEAN action, U.N. revamp
nikkei.com TOKYO -- The United Nations should be replaced with a new body that can actually solve global problems and ASEAN should drop its long-standing noninterference policy to…

Putin Rejects Russian Economic Collapse Predictions
bitcoin.com Russian President Vladimir Putin says Russia is actively cooperating with major international organizations, including the BRICS group, the Shanghai Cooperation Organization…

It's 2023 and Sri Lanka lacks a cyber security authority
theregister.com Sri Lanka's Ministry of Technology has confirmed it will have a cyber security authority – at some point. According to local media, state minister Kanaka Herath told the…

China's travel recovery gets more attention, but India's outbound market is 'booming' even faster
cnbc.com Talk about Asia's travel recovery is still largely focused on the return of Chinese travelers. But it's Indians travelers who are searching for international trips faster…

IMF Foresees No ‘Rapid Shift’ in US Dollar Reserves Despite Rising De-Dollarization Trend
bitcoin.com The International Monetary Fund (IMF) does not expect a “rapid shift” in the U.S. dollar reserves despite a rising de-dollarization trend and a looming U.S. debt default.…

9 Asian Countries Discuss ‘De-dollarization’ in Iran
watcher.guru Members of the Asian Clearing Union (ACU) met in Tehran, Iran for their 51st annual meeting. Members include the Bangladesh Bank, Royal Monetary Authority of Bhutan, Reserve…

9 Asian Countries Discuss De-Dollarization Measures in Meeting Hosted by Iran
bitcoin.com Top officials from nine Asian countries, members of the Asian Clearing Union (ACU), have gathered in Tehran for their annual meeting, where de-dollarization takes center…