Donald Trump has imposed high tariffs on countries around the world, falsely claiming they are "reciprocal". Trump's deeply contradictory policies will likely backfire, hurt...
Argentina's US-backed libertarian President Javier Milei is using an emergency decree to take a huge loan from the IMF, deepening the debt trap that...
Trump's protectionist policies threaten to radically unbalance the balance of payments and exchange rates throughout the world, preventing debtor countries from earning the dollars...
BRICS plans to transform the international monetary and financial system, and debated policies at the 2024 summit in Kazan, Russia. How can it challenge...
The US dollar is gradually losing its dominance, and foreign central banks are buying fewer Treasury securities, instead holding more gold in their reserves,...
The BRICS Cross-Border Payment Initiative (BCBPI) will use national currencies, instead of the US dollar. Russia's finance ministry and central bank released a report...
China is de-dollarizing rapidly. It now uses the renminbi (RMB or yuan) in just over half of cross-border transactions. The dollar's share of bilateral...