Japan’s Takaichi fast headed for a Liz Truss moment
Currency and bond traders voting on Takaichi’s fiscal spending plans by dumping the yen and pushing yields to record highs. Read More Here
Tag: currency
The Dollar May Be Down, but It’s Still on Top
Why America’s currency can survive Trump’s wrecking ball. Read More Here Also Read: The True Costs of Trump’s Economic Agenda
Can BRICS Derail the Dollar’s Dominance?
The group’s countries share one concern—the growing use of U.S. sanctions to restrict trade and investment globally. Read More Here
A BRICS Currency Could Shake the Dollar’s Dominance
It’d be like a new union of up-and-coming discontents who, on the scale of GDP, now collectively outweigh not only the reigning hegemon, the United States, but the entire G-7 weight class put together. Read More Here
Is Pakistan The Next Sri Lanka?
Pakistan, too, has a shambling economy, now going from bad to worse in the wake of political uncertainty. There is gross unemployment, while the inflation rate has skyrocketed. Read More Here
Falling Rupee Puts Modinomics In Great Peril
Though drops in the Japanese yen and Chinese yuan are getting the global headlines, the all-time lows set by the Indian rupee may be the most troubling currency stumble of them all. Read More Here
Short Of War
Officials in Washington and Beijing don’t agree on much these days, but there is one thing on which they see eye to eye: the contest between their two countries will enter a decisive phase in the 2020s. Read More Here
Why Russia’s Economy Is Holding On
Despite predictions of doom for the heavily sanctioned Russian economy, nearly two months into Russian President Vladimir Putin’s invasion of Ukraine, his country’s oil exports to Europe and other have actually risen, and its financial sector is so far avoiding a serious liquidity crisis. Read More Here
The Rethinking Of The International Monetary System
Fifty years ago, the world changed. On August 15, 1971, US President Richard Nixon slammed shut the “gold window,” suspending dollar convertibility. Although it was not Nixon’s intention, this act effectively marked the end of the Bretton Woods system of fixed exchange rates. But, in truth, with the rise of private cross-border capital flows, a system […]
Will Central Bank Digital Currencies Doom Dollar Dominance?
Some say that issuance of central bank digital currencies will transform the international monetary status quo by eroding the US dollar’s dominance of cross-border payments and greatly reducing transaction costs. But this is not going to happen. Read More Here
looking beyond borders 