MoneyRussia is holding off on dollar and euro trading altogether as a new round of sanctions kicks inJune 14, 202460Russia’s main exchange said it’s halting trading in US dollars and the euro after President Joe Biden’s administration unveiled a...
InvestingTrade and investment data in the last two years dispel the deglobalization and decoupling myths as U.S.-China competition ignites reglobalizationMay 15, 2024102Recently, a trend toward deglobalization has been taken as a given, prompted by the rise of protectionism, nativism, and a...
EconomyDollar dominance: Americans vacationing overseas hurt U.S. economyMay 12, 202498Americans have been indulging in “revenge travel” with gusto since pandemic-era restrictions were lifted, and the dollar’s recent surge has...