In the Market: How the US is daring the world to find a dollar alternative

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 50 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 63%

Donald Trump ข่าว

The United States,Legal System,President Ronald Reagan

The United States is merrily chipping away at the pillars that hold up the dollar as the world's reserve currency, with the latest blows coming from some...

- The United States is merrily chipping away at the pillars that hold up the dollar as the world's reserve currency, with the latest blows coming from some powerful Americans questioning the rule of law following the conviction of Donald Trump.

These conversations showed consternation is growing, both at home and abroad, about the consequences of U.S. hubris. But despite trying, no one so far has been able to find a credible alternative or expects one to emerge anytime soon, and they have partly themselves to blame. The belief in democracy runs deep. Last week, I asked U.S. Securities and Exchange Commission Chair Gary Gensler, who has been in government since 1997, whether partisan politics had made the job of officials like him harder. A conservative-leaning U.S. appeals court had struck down one of his signature initiatives that morning.Nevertheless, the messiness is testing some of the underpinnings of the dollar's global appeal.

An October 2021 Treasury Department review of sanctions found such designations had increased to 9,421 by that year from 912 in 2000. It noted at the time that "American adversaries — and some allies — are already reducing" their use of the dollar.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 47. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Record market highs, Cisco earnings: Market Domination OvertimeOn today's episode of Market Domination Overtime, Yahoo Finance Hosts Julie Hyman and Josh Lipton reflect on the trading day and break down what to watch on ...
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

Bull market 'still very young,' driven by strong earnings: market strategistOne market strategist says earnings are continuing to power recent gains in equity markets.
แหล่ง: BNNBloomberg - 🏆 83. / 50 อ่านเพิ่มเติม »

Financial market feud: Coinbase launches oil & gold futures, CME targets bitcoin spot marketThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
แหล่ง: KitcoNewsNOW - 🏆 13. / 78 อ่านเพิ่มเติม »

Nvidia earnings, housing market outlook, BNPL regulatory pressure: Market DominationOn today's episode of Market Domination, Yahoo Finance hosts Julie Hyman and Josh Lipton break down the trading day's biggest stories and latest trends...
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

US labor market remains strong; housing market losing momentumThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
แหล่ง: KitcoNewsNOW - 🏆 13. / 78 อ่านเพิ่มเติม »

Stock market today: Dow leads stock market slide as rising Treasury yields rattle nervesA spike in Treasury yields has unsettled investors already weighing whether recent data will shift the needle on interest rates.
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »