Since his return to office, US President Donald Trump has been systematically destroying markets’ faith in the dollar and the US economy. If he refuses to heed their warnings, as seems likely, the US ...
Gold is flat in dollars and slightly higher in euros and British pounds. The pound is weaker after poor UK consumer sentiment figures underlined the risk of another UK recession. Global equities have ...
Beijing is decoupling the internationalisation of the yuan as a transactional currency from the role of an unconstrained ...
The U.S. dollar's role as the world's reserve currency is often portrayed as an "exorbitant privilege" granting America endless benefits like cheap borrowing and global clout. Career economists fill ...
DAKAR, Senegal / KUALA LUMPUR, Malaysia, Jan 29 2025 (IPS) - Ending US dollar dominance alone will not end monetary imperialism. Only much better multilateral arrangements to clear international ...
Ruchir Shamir again used a New York Times column to complain about plans put forward by Elizabeth Warren and Donald Trump (more the former than the latter) to lower the value of the dollar to make U.S ...
Forbes contributors publish independent expert analyses and insights. I cover the economic and financial world outside the USA, for the USA. In the last week, I have fielded questions from audiences ...
Moody's added to the growing list of U.S. debt warnings and appeared to inch closer to a downgrade in a recent report that sounded the alarm on the deteriorating fiscal situation. The ratings agency ...
Debt is an effect of wealth, not desperation. That’s true for individuals and corporations, but also governments. The power of compounding vivifies this truth, and explains why Apple has lots of debt ...