UAE to Trump Administration: ‘You started this war; if we run short of USDs as a result of it, either you will give us USD swap lines, or we will be forced to start transacting oil and gas in CNY and other currencies.’

Source: https://t.co/1GPuLSkQ0W — Luke Gromen (@LukeGromen) April 19, 2026 WASHINGTON—The United Arab Emirates has opened talks with the U.S. about obtaining a financial backstop in case the Iran war plunges the oil-rich Persian Gulf state into a deeper crisis, U.S. …

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Central Bank Digital Currencies can replace cash and offer resilience according to International Money Fund Managing Director Kristalina Georgieva. The public sector should, therefore, continue to prepare for CBDC deployment, she said.

by welp007 Central bank digital currencies (CBDC) can replace physical money, especially in economies where cash deployment is costly, Managing Director of the International Monetary Fund Kristalina Georgieva said during a Wednesday speech. CBDCs are digital iterations of sovereign currencies …

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