Browsing: currency
Iran’s crumbling economy is the regime’s greatest weakness as authorities worry about making payroll
The Iranian economy was already in shambles before the U.S. and Israel launched their war on the Islamic republic, and…
The petrodollar faces increased risk, but a petroyuan is ‘far-fetched,’ strategist says
President Donald Trump’s war on Iran has raised doubts about America’s superpower status and currency dominance as the Strait of…
The ‘petrodollar’ has been weakening for years, economist warn. The Iran war put a spotlight on it
The gold standard may have ended in the early 1970s, but something else quietly took its place for the next…
Even amid the torrent of disquieting news from the Middle East in recent weeks, an Iranian suggestion that it might…
Dollar dominance is reinforced by the oil trade, but the Iran war could give rise to the ‘petroyuan’
Middle East oil has long been a linchpin of the U.S. dollar’s status as the dominant currency in global trade…
Iran, the $39 trillion national debt and dedollarization: How Trump exposed America’s Achilles Heel
The year was 1974 and President Richard Nixon had dispatched his Secretary of State Henry Kissinger to Saudi Arabia to…
The U.S. Mint just dropped the olive branch from the dime. What does that mean for the country?
The U.S. Mint unveiled new designs for the country’s 250th anniversary and it left out one key detail: the olive…
Trump’s plan B on tariffs is also illegal as balance-of-payments deficit doesn’t exist, experts say
Just hours after the Supreme Court struck down President Donald Trump’s global tariffs on Friday, he signed an order to…
The U.S. economy was growing at an annualized rate of 4.4% last year (the most recent period for which we…
One of Wall Street’s most feared hedge fund managers on the decline of the dollar: gold is ‘becoming the reserve asset’
Gold blasted past $5,300 per ounce last month as President Donald Trump’s hawkish foreign policy and tariff threats sent investors…












