BRICS and a handful of developing countries are reducing the US dollar intake in their respective Central Banks’ reserves. The US prints trillions of USD currency and disburses them around the world importing its inflation to other countries.
Developing nations and BRICS countries bear the risk of debt and fund the US deficit by keeping the dollar in their reserves. If other nations stop hoarding the dollar, the currency will return to America leading to a deficit in the homeland.
BRICS and a handful of developing countries are reducing the US dollar intake in their respective Central Banks’ reserves. The US prints trillions of USD currency and disburses them around the world importing its inflation to other countries.
Developing nations and BRICS countries bear the risk of debt and fund the US deficit by keeping the dollar in their reserves. If other nations stop hoarding the dollar, the currency will return to America leading to a deficit in the homeland.
But Kliuchnikov, the Ukranian now in France, said he will use Signal or WhatsApp for sensitive conversations, but questions around privacy on Telegram do not give him pause when it comes to sharing information about the war. In February 2014, the Ukrainian people ousted pro-Russian president Viktor Yanukovych, prompting Russia to invade and annex the Crimean peninsula. By the start of April, Pavel Durov had given his notice, with TechCrunch saying at the time that the CEO had resisted pressure to suppress pages criticizing the Russian government. He said that since his platform does not have the capacity to check all channels, it may restrict some in Russia and Ukraine "for the duration of the conflict," but then reversed course hours later after many users complained that Telegram was an important source of information. "There are several million Russians who can lift their head up from propaganda and try to look for other sources, and I'd say that most look for it on Telegram," he said. Andrey, a Russian entrepreneur living in Brazil who, fearing retaliation, asked that NPR not use his last name, said Telegram has become one of the few places Russians can access independent news about the war.
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