Currently, the U.S. dollar accounts for 58% of global reserves, compared to 73% in 2001. This is believed to be[…]
The Business Cycle Dating Committee, a group of economists at the National Bureau of Economic Research, determines recessions’ official beginning[…]
They claim this should make Democrats negotiate conditions for raising the nation’s borrowing limit. The bill, which was supported by[…]
In comparison, the percentage of cross-border payments made with the US dollar has decreased from 83% to 47%. Stephen Chiu,[…]
This idea has attracted the attention of several developing countries interested in joining the alliance. According to Bloomberg, 19 nations,[…]
In a recent report by TASS, a Russian state-funded news organization, Alexander Pankin, the deputy minister of Foreign Affairs, called[…]
During an interview with Columbia Law School’s Beyond Unprecedented podcast, Pill suggests that people should avoid seeking higher salaries to[…]
In addition to de-dollarization, the economist commented on the dollar’s movement over the years. He said the currency’s share in[…]
The industry has been cautioned to prepare for potential issues that may arise as imbalances within some banks are brought[…]
At the beginning of April, the firm released its State of Crypto 2023 Report, outlining its views on Web3 and[…]