China's battery maker CATL has made the largest greenfield investment in Hungarian history with a plan to build a 100 GWh battery plant to supply European automakers.

Russia is considering buying the currencies of "friendly" countries such as China, India and Turkey to hold in its National Wealth Fund (NWF)

Russia already holds Yuan and has been adding it to its reserves in recent years.

https://www.reuters.com/markets/europe/russian-could-buy-yuan-rupees-turkish-lira-rainy-day-fund-central-bank-2022-08-12/?utm_medium=Social&utm_source=twitter

Who would have thought? Sound money is the future. Nations have to learn to live within their means.

Gold coins used as currency in Zimbabwe will soon be available in smaller denominations, the central bank says.

https://www.bbc.co.uk/news/world-africa-62520693?xtor=AL-72-%5Bpartner%5D-%5Bbbc.news.twitter%5D-%5Bheadline%5D-%5Bnews%5D-%5Bbizdev%5D-%5Bisapi%5D&at_campaign=64&at_custom1=%5Bpost+type%5D&at_custom2=twitter&at_medium=custom7&at_custom3=%40BBCWorld&at_custom4=FA3E2C7E-1A59-11ED-A55E-3F8D4744363C

The US has been in decline since the great depression not for the past few years as too many believe. It is also why we are in the rapidly accelerating phase of its demise as an hegemonic power.

Another reason why US wanted Xinjiang as a vassal state.

Sinopec has discovered 1.7bn tons worth of oil reserves in Xinjiang.