To break the dominance of the dollar, Iran and Russia finalized an agreement to conduct trade in their local currencies instead of the U.S. dollar.

The G7 leaders decided to grant Ukraine a substantial loan of 50 billion euros, which could have far-reaching consequences for the global order and potentially provoke Russia and China.

In light of the Western sanctions imposed on the regime following its suppression of the revolution in 2011, the Syrian regime found financial remittances as an "alternative source" to acquire foreign cash.

The Saudi cabinet approved the decision to join the SCO on March 29, 2023, at a time when Riyadh is building a long-term partnership with China despite American security concerns.

There is a huge Chinese expansion to deal with the yuan and local currencies, the latest of which is Kenya, Brazil, Saudi Arabia, Egypt, Iran, Russia, and the UAE.