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How the greenback became an instrument of coercion
MAX HARRIS
“The dollar is the cornerstone of US power… it is the main weapon used by the US to maintain its power… [But] as soon as the political leadership decided to use the US dollar as a political instrument
Issue of the week: currency gyrations The “debasement ...
The US dollar has slid to a four-year-low. The dollar index, which tracks the greenback against a basket of major trading partners’ currencies, has dropped 12% since the start of 2025. Sterling now bu
“Japan has been the world's financial shock absorber for a generation,” says Nigel Green of deVere Group. No longer. Two decades of ultra-low interest rates have pushed Japanese investors overseas in
From the 1940s until 2024, the challenge facing ...
LETTERS