Thousands of Miles From the Iran War, Asia’s Currencies Feel the Strain
The Indian rupee and the Philippine peso have fallen to record lows. Japan and South Korea have spent billions propping ...
Tag: currency
The dollar has fallen 10% under Trump. It helps big multinational companies, but is a ‘hidden tax’
A hidden force is quietly pushing up costs for everything from your summer vacation to your weekly grocery bills: a ...
A Year Later, Trump’s ‘Most Exclusive’ Memecoin Event Is a Lot Less Exclusive
But few of his crypto actions have attracted as much attention or scrutiny as his memecoin.Unveiled three nights before the ...
Crypto Entrepreneur Justin Sun Sues Trump Family’s World Liberty Financial, Accusing It of Fraud
Not long after the 2024 presidential election, the cryptocurrency entrepreneur Justin Sun bought $75 million in digital coins from World ...
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 ...
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 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 ...
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