Sanctions imposed on Russia under the Biden administration, following Russia's military action in Ukraine, have shaken the foundation of the U.S. dollar's global dominance.
Hungarian Prime Minister Viktor Orbán believes the West should call for peace negotiations between Russia and Ukraine rather than provide aid that escalates the conflict.
The Chinese report also claims that the National Computer Virus Emergency Response Center and cybersecurity firm 360 have discovered Trojan horse programs or plug-ins related to the CIA in recent cyberattacks targeting China.
The European Central Bank is in the final stage of investigating the digital euro project, which aims to create a digital currency accessible to all citizens of the euro area.
"By tracking every financial transaction, they will have access to every detail of our spending, the recipient of our money, and how we allocate our resources," says Kiyosaki.
"I used to trust the EU because it has always played an important role as a balancing force and has never directly participated in wars," President Lula said. "However, the EU is directly involved in this conflict."
The Chinese yuan has surpassed the U.S. dollar in trading volume on the Moscow Exchange due to Russia moving away from transacting in the currencies of "unfriendly" countries amidst sanctions.
