May 5, 2025 12:25 pm
Full News

Putin Endorses Alternatives to the US Dollar, Blames US for Dollar Weaponization

Putin Blames U.S. Weaponization of the Dollar for Growing Shift Toward Alternatives

Moscow – Russian President Vladimir Putin has responded to the growing trend of countries seeking alternatives to the US dollar, blaming the United States for “weaponizing” the currency to achieve political goals. Putin’s comments come amid increasing efforts by nations, particularly within the BRICS bloc, to reduce their dependence on the dollar in global trade and finance.

In a statement made on December 1, Putin emphasized that the US has undermined the trust in the dollar by using it as a tool for political leverage. He also clarified that Russia is not actively rejecting or fighting against the dollar, but rather being pushed into seeking alternatives due to the US’s actions.

Putin’s Statement:

“Thank you very much, esteemed Ms. Rousseff. You said that the dollar is used as a weapon. Yes, we see it like this, because using the dollar, which remains a key instrument of global finance, to achieve political goals undermines trust in this currency and reduces its capabilities. But we are not the ones doing this; other people are. We are not rejecting or fighting against the dollar. If they don’t let us work on them, what can be done? We are forced to look for other alternatives, and that is exactly what is happening.

Putin Highlights Russia’s Push for Dollar Alternatives Amid Tensions:

Putin’s remarks underscore Russia’s increasing push to reduce reliance on the US dollar as Western sanctions and geopolitical tensions continue to fuel efforts for economic diversification. The Russian president’s statement also reflects broader concerns within BRICS countries, who are exploring alternatives to the dollar in a bid to establish a more multi-polar global financial system.

Related News
Russian Drone Attack Damages Chernobyl Nuclear Power Plant
Bilawal Attends Trump’s Breakfast Event
Biden Administration Proposes $8 Billion Arms Sale to Israel Amid Gaza Conflict
The world is waiting to see the new history of Bangladesh written by Nobel laureate Muhammad Yunus
New York Residents Take Oath to Resist Yunus Government at Any Cost [Video]
Controversy Erupts Over Potential U.S. Military Base on Bangladesh’s Saint Martin’s Island, Nobel Laureate Dr. Muhammad Yunus Allegedly Involved
Related Posts
Trump Announces 100% Tariff on All Foreign Films
UN Security Council to Hold Closed-Door Meeting Today Over India-Pakistan Tensions
Israel’s Cabinet Approves Plan to Occupy Gaza
Pakistan Will Remain Peaceful: Ishaq Dar
Trump’s Influence on Canada’s Election Sparks Debate
Iran’s Foreign Minister Visits Pakistan to Mediate India-Pakistan Tensions Over Kashmir Attack
More News

Venom 3 Coming Soon to Digital Platforms and Physical Media

Venom: The Last Dance, the latest film in the Venom series, will soon be available to watch at home after making nearly $470 million worldwide at the box office. The movie will be released digitally in the UK on Tuesday, December 10, at midnight, according to its Amazon listing. While a release date for the […]

Japan’s Same-Sex Marriage Ban Declared Unconstitutional: What It Means for LGBTQ+ Rights

Japan’s refusal to recognize same-sex marriages was deemed unconstitutional by a high court on Friday, marking another significant victory for the LGBTQ+ community and intensifying pressure on the government to take action. The Fukuoka High Court’s decision represents the eighth win out of nine rulings since lawsuits were first filed in 2019. Here’s a breakdown […]

U.S. and Russian Foreign Ministers Engage in Verbal Clash

The United States and Russia remain on opposing sides regarding the Ukraine war. The U.S. has been providing Ukraine with extensive support, including fighter jets and tanks. This ongoing rivalry resurfaced when Russian Foreign Minister Sergey Lavrov engaged in a verbal clash with U.S. Secretary of State Antony Blinken. According to a report by Al […]

Final Destination 6 Unveils Gruesome First Trailer for Bloodlines

Warner Bros. Pictures has just released the first trailer for Final Destination: Bloodlines, the highly anticipated sixth installment in the iconic horror franchise. The trailer offers a chilling preview of what’s to come, featuring one of the film’s many creatively brutal deaths. In a post shared on X (formerly Twitter), Warner Bros. teased: “If you […]

Bangladeshi Actor Masud Ali Khan Dies at 95

Renowned Bangladeshi actor Masud Ali Khan has passed away at the age of 95. He died at his home in Dhaka on October 31. His death was confirmed by local media. Masud had been ill for some time and had been hospitalized several times for treatment. Despite ongoing medical care, he passed away at 4:20 […]

German Gen Z Conservatives: Merz vs. Scholz, Greens Under Fire

ROTENBURG, Germany – The mood is upbeat at a pre-election meeting of Germany’s young conservatives, where a speaker’s harsh attack on the Greens’ climate policies sparks applause from Generation Z activists. The 40-odd members of the CDU party’s youth wing go on to discuss what they see as the top issues ahead of voting on […]

Fresh Violence Erupts in Manipur Amidst Weapon Surrender

Tensions have flared up again in Manipur as suspected Kuki militants opened fire on a temple from a nearby hill. The incident occurred on Friday when a group of devotees visited the sacred Meitei site, Kongba Maru. Fortunately, no casualties were reported. This attack comes just a day after armed Meitei groups voluntarily surrendered 246 […]

Putin Invites Myanmar Junta Chief to Russia’s Independence Day Parade

Russian President Vladimir Putin has invited Myanmar’s junta chief, General Min Aung Hlaing, to attend Russia’s Independence Day parade. The invitation was extended during Hlaing’s visit to Moscow on March 4, where he met with Putin at the Kremlin, according to TASS news agency. The Victory Day parade will take place on May 9 in […]

China Denounces Trump Administration’s Tariffs, Seeks Dialogue

On February 2, China’s government criticized the Trump administration’s imposition of a 10% tariff on Chinese imports, while leaving the door open for talks with the US to avoid further conflict. Beijing plans to challenge President Donald Trump’s tariff at the World Trade Organisation (WTO) and take unspecified “countermeasures” in response to the levy, which […]

Islamic Law to be the Primary Basis of Law in Syria

Syria’s new constitution will establish Islamic law as the primary basis of its legal system while ensuring freedom of speech for its citizens. A draft of the new constitution has been released, confirming this provision. President Ahmed Al-Sharaa has signed the draft constitution. According to Reuters, a legal expert appointed by President Al-Sharaa read out […]