Some analysts, especially Chinese officials, fear that Trump may resort to trade and currency wars against China to prop up the American economy.
Clearly, the evidence reveals the shift from West to East with these development funds, trade deals and trading blocs.
De-dollarization is gaining momentum…
“Keep in mind, do not have all your money in one place. Keep a stock of cash outside the bank. Cash is recognizable for daily transactions for now.”
The German chancellor made the offer at the World Economic Forum in Davos, where she spoke of a free trade area “from Lisbon to Vladivostok”, according to a report in Süddeutsche Zeitung newspaper.Mrs Merkel said Germany was “ready” to discuss “possibilities of cooperation in a common trade areas”. But she made it clear talks could not start until Russia abides by the Minsk Agreement, the ceasefire agreed in September