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How Is De-Dollarization Taking Place?

De-Dollarization RFC BRICS Alternative reserve currency

De-dollarization means abandoning the US dollar as the global currency for trade, finance, and reserves. After the 2008 financial crisis, governments tried to diversify and reduce dollar exposure, strengthening the movement. De-dollarization implies trading in other currencies, supporting regional currencies, increasing gold reserves, and establishing alternative payment mechanisms. Due to this tendency, global economic governance may multi-polarize, fracture, or collaborate.

Build Your Own Blockchain for dApps with Ankr
San Francisco-based Ankr, founded in 2017 by Chandler Song, Stanley Wu, and Ryan Fang, is a blockchain...
20 April 2023

India Benefits from Apple’s Local Production
Apple is setting up its biggest iPhone manufacturing unit in India! This unit, which will be built by...
20 April 2023

Reddit’s Human Chats Data
For years, Reddit’s Data API served as a training ground for AI language models, collecting a trove...
20 April 2023

Google Cloud’s Upgrades for Big Query and DLP
Google Cloud’s popular BigQuery and Cloud Data Loss Prevention have both been updated. Datastream...
20 April 2023

BRICS: Terrorism & Climate
Climate change, internet connectivity, and anti-terror efforts were all discussed at this year’s...
18 April 2023

China's Push for Yuan Globalization
China will be promoting the use of its currency, the yuan, as a global currency to decrease its dependence...
18 April 2023

Overcoming Challenges in Manufacturing
According to the Economic Survey 2022-23, foreign corporations adjusting their manufacturing and supply...
17 April 2023

Crypto Rises Amid Bank Failures
The cryptocurrency market remained resilient despite the banking crisis that caused the collapse of SVB,...
13 April 2023

Neglected Options
Over the past 13 years, the DoE has promoted energy-efficient and cleaner technologies, but progress...
12 April 2023

Green Building Practices
The “green bricks” revolution uses eco-friendly building advances to develop renewable buildings....
12 April 2023

BRICS- Monetary System Innovation
The BRICS countries—Brazil, Russia, India, China, and South Africa—want to create an alternative reserve...
11 April 2023

How Is De-Dollarization Taking Place?
De-dollarization means abandoning the US dollar as the global currency for trade, finance, and reserves....
11 April 2023

Does AI Tech Like Chatgpt Learn from Feedback?
ChatGPT can enhance its responses with input. GPT was trained using supervised and unsupervised learning...
10 April 2023

Chatgpt ? Search Engines
Search engines and ChatGPT have different aims. Search engines aim to provide accurate results. ChatGPT...
10 April 2023

Bard AI Upgrades by Pichai
Google’s Pathways Language Model (PaLM) is a behemoth of a model, trained with 540 billion parameters...
06 April 2023

What Does That Letter State?
The letter asks “Should we let computers overwhelm our information channels with propaganda and untruth?”...
06 April 2023

ChatGPT aces mock medical exam
ChatGPT and GPT-4 scored 73.4 and 83.4 percent, respectively, compared to the user average of 73.7 percent....
05 April 2023

Industry Leaders Warn Against AI Race
Yes, Elon Musk and other tech leaders have called for a pause on the development of advanced AI systems...
05 April 2023

Fluctuations in Reserves
The RBI’s Weekly Statistical Supplement released Friday showed that foreign currency assets, a...
03 April 2023

$17 Billion Increase in March 2023
Indian foreign reserves rose $5.6 billion to $578.778 billion in the week ended March 24, according to...
03 April 2023

Bing Traffic Increases After Launch
Since Microsoft launched its new GPT-4-powered internet search chatbot, netizens seem to have shown a...
31 March 2023

Tug of War Among These AI Tools
Google’s recent announcement in Paris about the release of Bard as an early preview has finally...
31 March 2023

Key Takeaways from Finance Bill 2023
The Budget Act for 2023 was approved by the Lok Sabha on 24th March. Among these are the establishment...
30 March 2023

The ‘NISAR’ Earth Science Satellite
Dr. Jitendra Singh, the Union Minister of State for Science & Technology, recently declared in the...
30 March 2023

Will SVB Collapse Impact the Indian Talent Market?
The recent failure of Silicon Valley Bank (SVB) has created instability in the Indian startup talent...
29 March 2023

UBS Set for Talks to Terminate Credit Suisse Deal?
UBS (UBSG.S) is set to enter talks with Michael Klein to terminate a deal that would have seen the Wall...
28 March 2023

Hindenburg Research’s on Block Inc. Alleged Fraud
According to Hindenburg Research’s report on Block Inc., the company has wildly overstated its genuine...
28 March 2023

Block Inc.'s Response
In response to Hindenburg Research’s report accusing Block Inc. of ignoring extensive fraud, Block has...
28 March 2023

Block Inc. in Hot Water
Hindenburg Research recently published a report accusing Block Inc., formerly known as Square Inc., of...
27 March 2023

India Leads in Carbon Emission
The analysis predicts that in 2022, China and the European Union (EU) would each lower emissions by.9%,...
26 March 2023

Japan’s Approach to Curb Carbon Emissions
According to official data, as of November 22, 2019, the CCS facility had stored 300,000 tonnes of carbon...
26 March 2023

Regional Decarbonization and Industrial Concentration
Ishikari City, Japan, has established a 100-hectare Renewable Energy Zone in the Ishikari Bay New Port...
25 March 2023

Amazon Job Crisis
CEO Andy Jassy announced in a note to employees on Monday that Amazon plans to cut another 9,000 jobs...
25 March 2023

Adani Group Expects Funds
The petrochemical facility in Mundra, Gujarat, that Adani Group is planning requires investment. Adani...
24 March 2023

Credit Suisse Bailout
UBS Group AG, which has been consolidating the Swiss banking industry through the acquisition of Swiss...
24 March 2023

Keeping the Finances in Control
World Bank defines foreign claims as the sum of cross-border claims and local claims from foreign offices...
23 March 2023

How Well-Capitalized Are Indian Banks?
Banks in India must always keep their capital-to-risk assets ratio (CRAR) at or above 9% in accordance...
23 March 2023

Credit Suisse-UBS Merger
Because of the importance of the banking sector to the Swiss economy, the constitution guarantees privacy...
22 March 2023

Indian Banks in a Better Position
According to Reuters’ analysis, Indian financial institutions are in a stronger position to weather...
22 March 2023

Recent Updates from Microsoft
It’s been a month since the Bing chatbot was launched, and users have reported erratic behavior,...
21 March 2023

Google Vs Microsoft
Microsoft’s 100 million user record makes sense in the context of its fight with Google, which...
21 March 2023

Microsoft Bing Hits 100 million Active Users
It only took a few weeks for Microsoft’s Bing search engine to reach 100 million DAUs, following...
20 March 2023

The AI Productivity Pitch Goes Beyond Chatbots
Microsoft has revealed that its Microsoft 365 subscription will soon include a new feature called “Copilot”...
20 March 2023

What Led to Credit Suisse Default
Losses on investments in failed supply chain finance group Greensill and hedge fund Archegos, whose founder...
19 March 2023

Votes Of Confidence in First Republic’s Future
Eleven of the largest banks in the United States, including Bank of America, Citigroup, JPMorgan Chase,...
19 March 2023

Banking Turmoil for Credit Suisse
A very few hours before the announcement from the European Central Bank, the banking behemoth Credit...
18 March 2023

UBS to Buy Credit Suisse
In a shotgun merger arranged by Swiss authorities to avoid additional market-shaking instability in global...
18 March 2023

How SVB Collapse: Opportunity for Bottom Fishing
For bottom-fishing long-term positional investors, the recent decline in quality equities may present...
17 March 2023

Trouble Alarms for Credit Suisse
The Financial Stability Board, an organization that keeps tabs on the world economy, has recognized Credit...
17 March 2023

Banks At Risks Like SVB
According to a new analysis, approximately 200 banks in the United States could suffer the same fate...
16 March 2023

What’s New About GPT-4
According to OpenAI, GPT-4 is superior to its forerunners in three crucial areas: creativity, visual...
16 March 2023

China Cuts Reserve Requirement Ratio to Boost Economy
China’s central bank cut the amount of cash, which banks must keep in reserve in an effort to stimulate...
15 March 2023

Samsung to Invest $230 Bn By 2042
Samsung Electronics said it will invest around 300 trillion won ($230 billion) by 2042 to create the...
15 March 2023

List Of Jobs Which Chatgpt 4 Can Replace
Data entry clerk, customer service rep, proofreader, paralegal, bookkeeper, translator, copywriter, market...
15 March 2023

India's 5G Rollout to Top Most Nations By 2023-End.
India has one of the fastest rollouts in the world of 5G and by 2023-end, India will be ahead of most...
14 March 2023

Sweden Faces Recession under Housing Market
For years, Sweden has been warned that its dysfunctional housing market, plagued by under-supply and...
14 March 2023

2.5 Tons of Missing Uranium Found: Eastern Libyan Forces
Eastern Libyan forces said that they have found about 2.5 tons of uranium declared missing by the International...
13 March 2023

Microsoft Introduces AI-Powered Copilot for Apps
Microsoft unveiled the Al-powered ‘Copilot’ system for its Microsoft 365 suite which consists...
13 March 2023

Volkswagen to Invest in Mines
Volkswagen plans to invest in mines to bring down the cost of battery cells, meet half of its own demand...
12 March 2023

Global Plastic Waste Trade Impacting Countries Worldwide
Every year, nations across the globe produce about 350 million metric tons of plastic waste equivalent...
12 March 2023

State of US banking system
In 2023, the state of the global economy is expected to be no better than it is now. Russia’s invasion of Ukraine, supply chain disruptions, the precipitous rise in prices and tighter monetary policy around the world have all contributed to an unprecedented level of uncertainty. And certain economies...
11 March 2023

Metaverse is the Future of the Gaming Industry
The gaming industry is set for expansion as cloud gaming, augmented reality and the metaverse become...
11 March 2023

Global Semiconductor Manufacturing Diversification
As we approach 2023, global macroeconomic and geopolitical variables are emerging as the primary forces molding the semiconductor sector. The market worth of the top 10 global chip companies has dropped by 34% from US$2.9 trillion in November 2021 to US$1.9 trillion in November 2022 due to rising interest rates, high inflation, decreasing consumer confidence and tech-led...
10 March 2023

Sustainable Infrastructure Expansion in Coming Years
In the coming years, sustainable infrastructure expansion will be essential to support the growing population...
10 March 2023

Citizens Trust Towards Online Payment Mechanism
Research from ACI Worldwide for 2019 found that consumers in India have a lot of faith in online payment...
09 March 2023

Effects of Climate Change on Agriculture
Climate change has significant impacts on agriculture. Reduced crop yield due to the adverse effects...
09 March 2023

Surging of India’s power supply
The demand for electricity in India increased by almost 8 percent in 2022, reaching more than 149.7 terawatt-hours...
08 March 2023

Women Ratio in the Metaverse
Despite the potential growth of this industry, Women face unique challenges in the Web 3.0 realm. Lack...
07 March 2023

Immersive Gameplay in Metaverse
Metaverse is a platform where players can interact with each other and the game environment in real time....
07 March 2023

India's Digital Payments Market
After the Indian government launched its Digital India program, back in 2015, with the objective of achieving...
06 March 2023

India’s Mentality Towards Metaverse
A “Metaverse” is a computer-generated alternative reality. Virtual reality (VR) social spaces...
06 March 2023

Growth of ESG in the Gulf region
The Gulf is showing an increasing inclination towards sustainability. This is growing due to governments...
05 March 2023

ESG and the Manufacturing Sector
The industrial sector is one of the largest emitters worldwide, responsible for 20% of all carbon emissions...
05 March 2023

Workforce Interacting with Smart AI Tools
Soon, collaboration with AI will be the standard rather than the exception. While AI may make some occupations...
04 March 2023

Chat GPT-3 VS GPT-4
OpenAI’s GPT-3 uses 175 billion parameters, or variables, that the AI system has learned through its...
04 March 2023

Block Inc. Provided Misleading Statistics
During its investigation, Hindenburg alleged that it was able to easily create fake Cash App accounts...
03 March 2023

A Cautionary Tale Towards Carbon Emissions
Just focusing on chat GPT-3, took nearly 1.3GWh or about as much electricity as 120 US homes would consume...
03 March 2023

AI Is Booming and So Is Its Carbon Footprint
One AI model’s training can require as much energy as a hundred developed-world homes use in a...
03 March 2023

Cloud Services Market Share
Global market researcher International Data Corporation (IDC) India projected that the value of public...
02 March 2023

Indian Companies Prefer Cloud Services Over AI
Based on a survey by domestic information technology (IT) services firm Infosys’ Digital Radar 2023 report...
02 March 2023

How is Adani Restoring His Position
Adani shares increased after Florida- and Australia-based boutique investment firm GQG Partners Inc....
01 March 2023

Adani to reduce their debt by $450 mil
In tries to reel from the losses and allegations posed by Hindenburg research, a US short seller, Adani...
01 March 2023

About Ruskin Felix Consulting LLC

A boutique consulting firm in business consulting, blockchain, strategy, investment banking, finance, SEO, Marketing and Private Equity.

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©2022 Ruskin Felix Consulting LLC. All Rights Reserved

About Ruskin Felix Consulting LLC

A boutique consulting firm in business consulting, blockchain, strategy, investment banking, finance, SEO, Marketing and Private Equity.

Youtube Twitter
  • +91 2266990111
  • contact@ruskinfelix.com

Useful Links

Working Hours

Mon - Fri: 09:00AM - 09:00PM

Sat: 09:00AM - 07:00PM

Sun: Closed

Book a Meeting

BOOK MEETING

©2022 Ruskin Felix Consulting LLC. All Rights Reserved

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