A U.S. debt default would mangle the dollar’s international reputation.
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The mere threat of a default was enough to see the US’s credit rating downgraded in 2021. The consequences of a default actually happening could be dire, an economist warns.
That sinking feeling.
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The markets have thumped the new UK government over its fiscally bold ‘mini-budget’.
Look out below!
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The greenback is at its heftiest since 2002 and still rising fast.
What Vladimir did next.
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This is the first time a world currency has been pegged to gold since the Bretton Woods system ended in 1971.
Another fine mess.
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Contrary to most economists, President Erdoğan has long believed that raising interest rates increases inflation.
E as in ebbing.
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To understand the euro’s weakness, you have to look at the US as well as Europe.
It’s all legal tender.
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The country became the first to make bitcoin a formal part of its payments system, but whether it’ll catch on is another story.
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El Salvador has become the first nation in the world to make Bitcoin legal tender. So what exactly is President Nayib Bukele thinking?
Busted Benjamin.
Bruce Rolff
The greenback has taken a pounding in 2020, but it’s about to make a comeback.
Y, as in “yes please”.
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As the sun sets on world markets, rumours of the death of investors’ favourite safe haven have been much exaggerated.
Cash of the titans.
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Stand by for cryptocurrencies 2.0.
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Donald Trump is eroding trust in the US – but the dollar’s preeminence in global finance will easily withstand this.
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Market volatility and value fluctuations are scaring some investors away from Bitcoin – but stablecoins could be one solution.
The value of Argentina’s peso has plummeted in recent months.
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A number of emerging markets are struggling but this doesn’t mean they are totally related.
The financial system is awash with money, which is why interest rates have been so low for so long.
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It’s been 10 years since the U.S. signed into law a scheme to print money, essentially, and save the financial sector amid the sub-prime mortgage meltdown. Did it work? And who’s truly benefitted?
Will the rupiah continue to weaken against the US dollar?
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It should not come as a surprise if the rupiah touches the Rp15,000 level by the end of the year.
Marine One arrives in the Alps.
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The Conversation scholars analyze a few of the key themes and speeches that punctuated the three-day gathering of global elites in the Alps.
Treasury Secretary Steven Mnuchin walks through the snow at Davos.
AP Photo/Markus Schreiber
The treasury secretary said a weak dollar would be ‘good’ for the U.S. Here’s why he’s wrong.
if you like to drink (or sell) German beer, higher rates are a wonderful thing.
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While borrowers may not be thrilled by the Federal Reserve’s decision to raise rates, many of us have plenty of reason to celebrate.
Approaching parity?
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The drop in sterling following Brexit has been as strong as when Germany invaded France in 1940.