The US froze Russia’s dollar assets in 2022 and stunned global holders of US bonds as forex reserves. But the world is stuck with dollar dominance as no other currency can take over its role.
China will always be Latin America's "trustworthy" friend and partner, its foreign minister told his Bolivian counterpart, as ...
So, what is the real source of the dollar’s strength and its hegemony? Is it due to President Trump’s political support and ...
KANSAS CITY, MISSOURI, US – After decades in which the United States has been economically, politically and culturally dominant, the world is drifting into a new era.
This is why New Delhi is under pressure, given its $35 billion trade surplus with the US, to reduce or even abolish tariffs ...
South Africa’s powers of diplomacy will be tested this year as it leads the G20 group of major economies amid a rise in geopolitical tensions.
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
The dollar nears two-month lows due to tariff concerns and uncertainty over U.S. rate cuts, while the Australian dollar remains high despite expectations of an imminent rate cut. The yen holds steady ...