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The US’s selfish war on inflation will tip the world into recession
Jul 22, 2022 08:40As the US Fed raises interest rates, dollar-denominated loans become an unsustainable burden to states around the globe.
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Iran’s flourishing economy a slap on the US face
May 11, 2022 09:19A recent report has placed Iran’s economy in the 20th position in the world based on the gross domestic product (GDP) per capita adjusted by purchasing power parity (PPP) in 2021.
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'Indefensible': US billionaires became $2.1 trillion richer in 19 months of pandemic
Oct 22, 2021 11:57American billionaires grew in number and expanded their collective fortunes by $2.1 trillion since COVID-19 sparked a worldwide pandemic nineteen months ago, according to a new analysis unveiled recently.
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The world is de-dollarizing
Jul 23, 2019 10:39What if tomorrow nobody but the United States would use the US-dollar?
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One year since the start of US trade war against China
Jul 15, 2019 11:07These days mark the first anniversary of the initiation of the US trade war against China when Washington imposed a 25 percent tariff on $34 billion worth of Chinese goods.
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Global de-dollarization spells jolts and crises for US economy
Oct 09, 2018 12:18Earlier this month, Moscow and Beijing announced a plan to use their own national currencies in bilateral trade.