The Dominant Dollar Faces a Backlash in the Oil Market
Updated Dec. 28, 2023 12:00 am ET Some major emerging economies are dabbling in trading commodities without using the dollar, as they seek to reduce...
Russia Turns to China’s Yuan in Effort to Ditch the Dollar: WSJ
Russia’s economy, restricted from Western financial networks and the U.S. dollar, has embraced a burgeoning alternative: the Chinese yuan. Energy exporters are increasingly getting paid...
Opinion: The Fed’s inflation promises are simply not credible
With inflation running high for the last 14 months, we can sadly conclude it’s entrenched, will be difficult to conquer and is hardly the province of...
Janet Yellen Faces Challenge to Keep Pressure on Russia, While Addressing Global Consequences
WASHINGTON—How to balance a pressure campaign against Russia with a push to address growing crises like food insecurity will be a central test for Treasury...
What Sanctions Mean for Russia’s $140 Billion in Gold
The U.S. is clamping down on Russia’s ability to sell its gold reserves and raise money, the latest effort to cripple the country’s war chest...
Is the Dollar in Danger?
The U.S. is sitting on top of a horizontal empire, capitalism’s self-organizing, incentive-based structure with its layers of value. It’s not the Marxist mush of...