By cryptolibre777 on Skatehive
Russia, in a move that challenges the narrative of global de-dollarization, appears to be considering a rapprochement with the U.S. dollar, which would mark a drastic shift in its economic and geopolitical policy. A memorandum, to which Bloomberg has gained access, suggests Kremlin proposals for a broad economic partnership with the Trump administration, including Russia's return to the dollar system. This 180-degree turn contrasts with the accelerated de-dollarization that was globally promoted after the sanctions imposed on Russia in 2022. These sanctions, in response to the invasion of Ukraine, led to the freezing of approximately 300 billion dollars in Russian Central Bank reserves and its expulsion from the Swift system, severely limiting its ability to conduct transactions in dollars. The video highlights that the use of the dollar as a foreign policy tool is not a recent phenomenon, dating back to sanctions against Iran in 2010. While the tactic of financially isolating countrie