Browsing: currency
The dollar’s demise has been predicted for 55 years. The BCG Institute says it’s still overstated
Over the past year or so, obituary writers have taken aim at the U.S. dollar. They’ve spilled ink over the…
Scott Bessent says $1 coin with Trump’s face on it will ‘honor the enduring legacy of liberty’ with a ‘lasting symbol of patriotism’
The U.S. Mint is now producing a $1 coin featuring President Donald Trump’s face, tied to celebrations of America’s 250th…
Yen crashes as Japan’s debt crisis hits currency markets, and interventions are ‘doomed to fail’
Japan’s yen is resembling a slow-motion train wreck as it remains stuck near 40-year lows, and there could be even…
Trump has turned the dollar into a foreign policy tool, a move economists say could backfire
For decades, the U.S. largely held off on approving currency swaps with foreign powers, save for rare circumstances. When it…
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…












