US Dollar
Economy
Is the De-dollarization of the World Economy Underway?
For almost a century, the US dollar has been the world's reserve currency. This means that the central banks primarily conduct international transactions and settle international debts using the dollar.
However, some economists are pointing to signs of de-dollarization; that...
Economy
Is US Petrodollar Dominance Coming to an End?
A recent succession of oil deals has raised concerns in Washington that the supremacy of the dollar in oil transactions is threatened. Recent agreements made by countries like Saudi Arabia and China relating to the trade of crude and...
Economy
Working for the Yankee Dollar: United States, the Unexpected Winner of Greek Elections
Sunday's Greek elections had more than one winner. In fact, several winners emerged from the ballot, some completely unexpected.
SYRIZA scored the first victory of a leftist party in Greek history. Next to SYRIZA, the full of contradictions Independent Greeks...
Economy
Euro Sinks Near 30-Month Low Due to Political Developments in Greece
The Eurozone currency hovers near a 30-month low against the US Dollar today due to the uncertainty spread in the union by the developments in the Greek political scene. The Greek Parliament yesterday failed for a third consecutive ballot...