05/22/2023
Over the past few days, senior political leaders, in most parts of West Asia, have been persistently making statements, suggesting the dollar's dominance in the region may fade.
De-dollarization picks up steam: Iraq joins China, Brazil to dump US dollar
Over the past few days, senior political leaders, in most parts of West Asia, have been persistently making statements, suggesting the dollar's dominance in the region may fade
04/28/2023
De-dollarization has become a buzzword in recent weeks as economists, international media outlets and business leaders have taken note of the slump of the greenback's share in trade and foreign reserves, a development that's particularly marked at a time when Washington's weaponization of the currency has alienated many of its users.
De-dollarization a growing trend as anti-greenback drive intensifies
De-dollarization has become a buzzword in recent weeks as economists, international media outlets and business leaders have taken note of the slump of the greenback's share in trade and foreign reserves, a development that's particularly marked at a
04/21/2023
We tend to be sceptical of “RIP DOLLAR!!!” chatter, as the US currency enjoys the mother of all network effects. But Stephen Jen’s latest note raises some interesting points.
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News, analysis and comment from the Financial Times, the worldʼs leading global business publication
04/09/2023
A recent succession of oil deals has raised concerns in Washington that the supremacy of the dollar in oil transactions is threatened. Recent agreements made by countries like Saudi Arabia and China relating to the trade of crude and petroleum products could pose significant geopolitical consequences.
Is US Petrodollar Dominance Coming to an End?
A recent spate of bilateral economic deals could threaten the longevity of the petrodollar and US supremacy
04/09/2023
China and Malaysia revived a decades-old proposal that would reduce dependency on the U.S. dollar during a meeting between Malaysian Prime Minister Anwar Ibrahim and Chinese leader Xi Jinping last week. The resurfaced Asian Monetary Fund would also lessen reliance on the International Monetary Fund.
Economist sounds the alarm on the 'greatest enemy to the US dollar': 'It's the US Treasury'
'Currency Wars' author and economist Jim Rickards unpacks global threats to the U.S. dollar after Malaysia and China renew talks about an Asian Monetary Fund.
04/03/2023
China and Brazil have reached a deal to trade in their currencies, the AFP reported, citing the Brazilian government on Wednesday.
De-dollarisation inevitable as other currencies gain traction
Zimbabwe's largest daily newspaper
04/01/2023
The billionaire global CEO worries about the loss of the greenback's influence which he attributes to the Biden administration's foreign policy.
Elon Musk Is Very Worried About the U.S. Dollar
04/01/2023
China and Brazil have reached a deal to trade in their currencies, the AFP reported, citing the Brazilian government on Wednesday.
De-dollarisation inevitable as use of other currencies accelerates
Zimbabwe's largest daily newspaper
03/31/2023
According to a recent report by the Federal Reserve, the US money supply is falling at the fastest rate since the 1930s. This decrease in the money supply is due to the central bank reducing the amount of money it injects into the economy, causing concern among some economists who fear it could lead to a recession.
Column: US money supply falling at fastest rate since 1930s
U.S. money supply is falling at its fastest rate since the 1930s, a red flag for the economy and financial markets.
02/17/2022
Inflation is running way ahead of where everyone, including the
Federal Reserve, expected this year.
Data on Thursday showed the consumer price index (CPI), which measures the price of everyday goods and services rose by 7.5% in January, the highest rate since 1982 and ahead of economist expectations for a rise of 7.3%.
US inflation is running far hotter than even the Fed expected. Here's what some of biggest banks and asset managers say about it.
Inflation surged to 7.5% in January, the most since 1982. We've rounded up the views of some of the world's biggest banks and funds.
08/23/2021
The Federal Reserve is creating dollars from scratch at an unprecedented rate, one of many tools to rescue the economy amid the coronavirus pandemic.
US is `printing' money to help save the economy from the COVID-19 crisis, but some wonder how far it can go