Surely, financial upheaval lay ahead. Almost immediately, Google searches for the term “petrodollar” spiked to the highest ...
The dominance of the U.S. “petrodollar” continues to this day. Recent news coming out of Russia, however, suggests that the era of U.S. dollar dominance could be coming to an end, due to ...
On June 9, there was a rash of reports that Saudi Arabia would not be renewing its 50-year-old petrodollar agreement with the US. Thus ended an extended period when the US dollar pretty much had a ...
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For over a century, the dollar has evolved, always adapting to the changing demands of the global economy. When one era ends, ...
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