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The Petrodollar Is Dead and That's a Big Deal
The Forex Market· 2 days agoThe petrodollar quietly died this week. While it didn't get big headlines, the demise of the petrodollar could mean big trouble for a U.S. government...
Reports of the petrodollar system’s demise are ‘fake news’ — here’s why
MarketWatch via Yahoo Finance· 2 days agoStories about the collapse of a longstanding “petrodollar” agreement between the U.S. and Saudi...
End of Dollar Dominance? Analyst Addresses Rumors Saudi Arabia Will Replace Dollar With Chinese Yuan
Benzinga· 1 day agoExperts have debunked widespread social media claims about a “petrodollar” agreement between the U.S...
After 50 Years, Death of the Petrodollar Signals End of U.S. Hegemony
TheStreet.com· 3 days agoNow, as this deal has not been renewed, Saudi Arabia can trade or deal in currencies outside of the ...
Yellen says China’s trade policies could ‘interfere significantly’ with US bilateral relationship -...
WTOP Washington· 3 days agoTreasury Secretary Janet Yellen says Chinese “overconcentrated supply chains” pose a threat to U.S....
Storm Clouds on the U.S. Industrial Policy Horizon?
The Dispatch via Yahoo Finance· 4 days agoFirst, the costs of building, staffing, and starting production within subsidized facilities has increased substantially—thanks in large part to U.S. <...
Yellen criticizes Trump’s idea to replace income taxes with tariffs
The Hill via AOL· 10 hours agoTreasury Secretary Janet Yellen criticized former President Trump after he suggested replacing some...
U.S. widens sanctions on Russia to discourage countries such as China from doing business with...
CNBC· 5 days agoS., April 15, 2024. The United States widened its sanctions against Russia Wednesday as...
Treasury Amends the Cuban Assets Control Regulations to Support Cuban Citizens and Independent...
JD Supra· 7 days agoOn May 28, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) amended the Cuban Assets Control Regulations (CACR) to...
Treasury expands sanctions threat against banks dealing with Russia
Politico· 5 days agoIn December, Biden signed an executive order that threatened banks with sanctions if they facilitated transactions to about 1,200 entities in Russia’s military industrial ...