Is the Petrodollar System Coming to an End?
Everyone today knows that the US dollar is the world’s reserve currency More dollars are held as foreign exchange reserves than any other currency in the world, and more international transactions...
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Everyone today knows that the US dollar is the world’s reserve currency More dollars are held as foreign exchange reserves than any other currency in the world, and more international transactions...
When President Putin announced that he was sending peacekeeping troops into Ukraine, Western governments immediately responded by pledging sanctions The big question is, will these sanctions have any...
Since the end of World War II, the US dollar has functioned as the world’s reserve currency For the first quarter century that was as part of the Bretton Woods system, in which the dollar could be...
The federal government has already pledged $2 trillion to help households and businesses withstand the pressure placed on them from the coronavirus But the final price tag could end up far higher,...