Being the world’s leading reserve currency has allowed the United States to enjoy a massively inflated standard of living: that one is coming to an end. For decades, the US dollar has been the undisputed king of global currencies, but dramatic changes are happening. China, Russia, India, Brazil, Saudi Arabia …
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Lebanon’s Hezbollah hosts Hamas chief as rockets fly over Israel border
The delegation has reportedly discussed efforts to coordinate action against Israel. As Israel staves off rocket attacks launched from the Gaza Strip and Lebanon’s border in an apparent response to the escalation in Jerusalem’s Al-Aqsa Mosque — Islam’s third holiest site — a Hamas delegation led by the head of …
Read More »Is China playing long game against dollar in Middle East?
Hemingway’s law of motion says change comes gradually, then suddenly. The other China deal Much attention has been rightly focused on China’s role in closing the deal between Saudi Arabia and Iran to reestablish diplomatic relations. Another deal has gotten less attention, but may be just as telling in serving …
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