Browsing: currency
China will continue stagnating as an ‘incomplete superpower’ until it can match U.S. financial might
President Donald Trump’s summit with Chinese counterpart Xi Jinping ended last week without a major breakthrough, but still achieved Beijing’s…
Iran may have a higher tolerance for economic pain—but 100% inflation in just days hits some items
Iran’s regime has so far withstood U.S. and Israeli bombardment, but the economic forces that sparked the most serious conflict…
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…












