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Eleven Countries Announce Transition Away from the U.S. Dollar in 2025 A coalition of 11 nations, primarily members of the Commonwealth of Independent States (CIS), has announced plans to phase out the U.S. dollar in international trade and domestic transactions starting in 2025. This move signals a strategic shift toward economic sovereignty and reduced reliance on Western financial systems. Below is a detailed analysis of the decision, its implications, and the broader context:  1. Countries Involved The 11 nations abandoning the dollar include former Soviet republics:  - Armenia  - Azerbaijan  - Belarus  - Kazakhstan  - Kyrgyzstan  - Moldova  - Russia  - Tajikistan  - Turkmenistan  - Uzbekistan  - Ukraine. Notable Inclusion: Despite ongoing geopolitical tensions, Ukraineis part of this initiative, highlighting a shared economic priority over political disputes .  2. Key Reasons for De-Dollarization - Geopolitical Independence: Reducing vulnerability to U.S. sanctions and financial policies, particularly after Russia faced severe sanctions post-2022 .  - Economic Sovereignty: Strengthening local currencies (e.g., ruble, tenge) to control inflation, trade terms, and monetary policy .  - Technological Advancements: Leveraging digital currencies and alternative payment platforms (e.g., Russia’s SPFS, China’s CIPS) to bypass dollar-dependent systems .  - Regional Cooperation: Increasing intra-CIS trade in national currencies, which already accounts for 85% of transactions among member states .  3. Implementation Timeline. - Phased Transition: The shift will begin gradually in mid-2025, mirroring Russia’s existing de-dollarization model .  - No Immediate Ban: Citizens and businesses will adapt incrementally, with governments prioritizing local currencies in official trade and banking systems .  4. Impact on Citizens and Global Markets  - Domestic Effects: Ordinary citizens may see reduced dollar circulation over time, though no fines are imposed for holding dollars. Banks and businesses will transition to local currencies for cross-border transactions .  - Global Implications:    - Weaker Dollar Influence: The dollar’s share in global trade (currently 80%) and reserves (57%) may gradually decline, though its dominance remains intact for now .    - Sanction Evasion: Reduced dollar dependency could undermine U.S. financial leverage, as seen in Russia-China trade (95% in ruble/yuan) .    - Multipolar Currency System: Currencies like the yuan, euro, and digital assets may gain traction, diversifying the global financial landscape .  5. Expert Perspectives - Joyce Chang (JP Morgan): Acknowledges the dollar’s dominance but warns of "early signs of weakening," predicting a decades-long transition .  - Gary Hufbauer (Economist): Notes that reduced dollar usage could raise U.S. borrowing costs and complicate sanctions enforcement .  - Vladimir Putin: Emphasizes the success of CIS trade in national currencies, calling it a step toward "economic resilience". While the dollar remains the world’s primary reserve currency, the 2025 de-dollarization initiative marks a symbolic challenge to U.S. economic hegemony. This move reflects broader trends of financial multipolarity, driven by geopolitical tensions and technological innovation. For now, the dollar’s collapse is unlikely, but its unchallenged supremacy may be nearing an inflection point .  Recommendation: Investors and businesses should monitor exchange rate volatility and diversify portfolios to navigate this evolving landscape. #fyp

SimplyMe

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Different outfit for different days!

Ayana

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Freestyle Time ✨🔥🔥Dance choreography

Dante Freestatte

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⁣Ever wondered why ADHD brains have the incredible ability to hyperfocus? 🤔 Let's dive into the fascinating world of ADHD and discover the superpower within! 🚀
Laser-Sharp Focus: 🔍
ADHD hyperfocus is like having a mental magnifying glass! It allows individuals to hone in with unparalleled precision on tasks that capture their interest.
Intense Passion Ignited: 🔥
When ADHD kicks in, passion levels skyrocket! The hyperfocus mode ignites an intense fire, propelling individuals to channel their energy into a single task.
Time Warp Phenomenon: ⏳
Hours can feel like minutes in the hyperfocus zone. The time warp effect is real, creating a sense of time distortion as the ADHD brain immerses itself completely in the task at hand.
Unstoppable Productivity: 🚀
Say hello to turbocharged productivity! ADHD hyperfocus turns the ordinary into the extraordinary, allowing individuals to accomplish tasks with unmatched efficiency.
Selective Superpower: 🎯
ADHD hyperfocus is selective, choosing specific tasks that captivate the individual. It's like having a superhero's power, activated only when needed most.
Creative Brilliance: 🌈
Ever witnessed a burst of creative brilliance? ADHD hyperfocus is often accompanied by a surge of creative energy, unlocking innovative solutions and ideas.
Task Immersion Mastery: 🤹‍♂️
Hyperfocus turns individuals into task immersion maestros! Distractions fade away as the ADHD brain becomes fully absorbed in the chosen activity.
Passionate Pursuit: 💡
The pursuit of knowledge becomes a passionate adventure. ADHD hyperfocus transforms learning into an exhilarating journey of discovery.
Goal-Oriented Drive: 🎯
Goals become not just achievable but a thrilling challenge. The hyperfocus drive pushes individuals to surpass their own expectations.
Embrace the Hyperfocus Ride: 🎢
Rather than resisting the hyperfocus rollercoaster, embrace it! Understand how this incredible ADHD superpower can be harnessed for positive outcomes.
ADHD hyperfocus is a unique and powerful aspect of the ADHD experience. It's not just a challenge; it's a remarkable ability to be celebrated! 🌟✨

Shadow Strike

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Thoughts on what he's saying.

SimplyMe

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