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In recent weeks, authorities have detained economists, analysts and digital platform operators who publish independent financial data, intensifying a campaign of repression aimed at concealing ...
Venezuela’s authoritarian government has arrested dozens of people, including a former finance minister, in a crackdown on ...
Last Thursday, members of the press were invited to a Gilded Age mansion in Manhattan for a presentation titled “A ...
Dollar dominance also allows the U.S. to push around other countries like Venezuela, Iran and Russia by locking them out of a currency they need to buy and sell with others.
Stablecoins are the single best tool for the United States government to maintain the US dollar's hegemony in global financial markets, according to LayerZero Labs CEO and founder Bryan Pellegrino.
Locked out of world oil markets by US sanctions, Venezuela sold its remaining oil output at a discount — about 40% below market prices — to buyers like China and other Asian markets.
True, the dollar has lost some of its shine in recent years: 20 years ago, the dollar accounted for 67 per cent of world foreign exchange reserves. But it is worth noting that the currencies the ...