A ‘growing club’ of ‘very powerful countries’ is shifting away from the US dollar – think tank ...News

The US dollar’s status as the world’s major reserve currency, which it held for decades, could come under threat, according to Anne Korin from the Institute for the Analysis of Global Security. “Major movers” such as Russia, China, and the European Union have a strong “motivation to de-dollarize,” Korin, the co-director at the energy and security think tank, told CNBC. “We don’t know what’s going to come next, but what we do know is that the current situation is unsustainable,” she said, adding “You have a growing club of countries — very powerful countries.” Also on rt.com

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