Rumours about the US returning nuclear weapons to Ukraine have been circulating since November 21, when The New York Times published an article citing several unnamed US officials who “suggested that Mr. Biden could return nuclear weapons to Ukraine that were taken from it after the fall of the Soviet Union”. At this stage, these are baseless claims since Washington does not even have these nuclear weapons to begin with. We explain in this edition of Truth or Fake.
China increases gold purchases to reduce reliance on US dollar assets
China’s central bank increased its gold reserves by 23 tonnes in September, the largest monthly acquisition since October 2023, bringing total holdings to approximately 2,410
Zimbabwe’s ZiG seeks to gain trust and reduce reliance on the US dollar
Zimbabwe’s government is actively promoting the ZiG currency to reduce reliance on the US dollar, despite widespread scepticism stemming from past currency crises. The Reserve