The move is part of Russia’s desire to hedge against further American sanctions
Tag: dollar
The fate of the dollar will shape financial markets in 2019
After rising by 7% against a basket of currencies in 2018, where is it headed next?
The fate of the dollar will shape financial markets in 2019
After rising by 7% against a basket of currencies in 2018, where is it headed next?
‘Flash crash’ rips through Asia’s currency markets sending the yen into orbit and the Aussie dollar crashing to Earth
Zhang Peng/LightRocket via Getty Images Japan’s yen has gone into orbit on Thursday, breaking through key technical support levels as rising global growth risks nudged investors into a rush to safe haven-assets. Apple cut its sales forecast for its latest quarter, citing slowing iPhone sales in China, while Chinese manufacturing reads added to the burden […]
Top 5 countries opting to ditch US dollar & the reasons behind their move
The past year was full of events that inevitably split the global geopolitical space into two camps: those who still support using US currency as a universal financial tool, and those who are turning their back on the greenback. Global tensions caused by economic sanctions and trade conflicts triggered by Washington have forced targeted countries […]
The million dollar drug that patients can’t access
Glybera is a made-in-Canada discovery that made history, becoming the world’s first drug approved to treat a genetic disease. But when it went on the market at a price of $ 1 million, it was immediately labelled the most expensive drug in the world and was only sold once.
Paul Volcker’s Guide to the Almighty Dollar
Paul Volcker’s 6-foot-7-inch frame was draped over a chaise longue when I spoke with him recently in his Upper East Side apartment, in Manhattan. He is in his 91st year and very ill, and he tires easily. But his voice is still gruff, and his brain is still sharp. We talked about his forthcoming memoir, […]
US economy about to collapse, taking down dollar & American standard of living – Peter Schiff
Tuesday’s US stock plunge following a massive selloff on global markets is seen by some analysts as a sign of more bad things to come. RT talked to veteran stock broker Peter Schiff to explore the issue in depth. After the dramatic early drop, US stocks recovered but finished lower after a wild day on […]
Earn up to 15x Miles per Dollar on Macy’s, Groupon, Neiman Marcus and More
Earn up to 15x Miles per Dollar on Macy’s, Groupon and More Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This […]
Earn 10 AAdvantage Miles per Dollar Spent at Crowne Plaza
Earn 10 AAdvantage Miles per Dollar Spent at Crowne Plaza Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does […]
