Press
Showing 381-400 of 807 Items
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Cutting the Taliban off from global trade could be a tall order
The head of Afghanistan’s central bank has fled the country. The U.S. has cut off the central bank’s access to reserves held here and may end up taking other steps to isolate ...
By Rachel Ziemba
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Ranking the Currencies That Could Unseat the Dollar
Half a century ago today, on August 15, 1971, U.S. President Richard Nixon took a momentous step. After World War II, the U.S. had used its leverage as the last advanced econo...
By Emily Jin
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The End of Exorbitant Privilege: Inflation, the Global Dollar and What Comes Next
This year has been rife with anxiety about inflation. Economist Lawrence Summers sent up an early warning flare in March, speculating that debt-financed government coronavirus...
By Yaya J. Fanusie
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Should Chinese Bitcoin miners move to the world and the United States should welcome it with open arms?
Since May this year, the Chinese government has severely cracked down on Bitcoin trading and mining, causing Bitcoin miners to have to look elsewhere. Including the states of ...
By Yaya J. Fanusie
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As Biden Prepares to Finally Leave, Iraq Faces a New 'Existential Crisis'
The headlines coming out of U.S. President Joe Biden’s meeting with Iraqi Prime Minister Mustafa al-Kadhimi last week were about the largely symbolic decision to end America’s...
By Rachel Ziemba
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Why does the Federal Reserve need a digital currency?
Digital money is nothing new—debit and credit cards have been with us for years. What’s changed is its pervasiveness. With fewer people carrying paper money, and with some pla...
By Yaya J. Fanusie
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Iraq's energy deals in limbo as US pledges help for clean projects
Iraq's $8 billion worth of energy deals with US companies clinched in August 2020 during the prime minister's inaugural visit to Washington have yet to bear fruit, but Mustafa...
By Rachel Ziemba
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Analysts still expect US, Iran to reach deal to lift oil sanctions despite growing delay
A deal to remove US sanctions on Iran's oil and other energy exports still remains the consensus view among analysts, but the possibility of talks collapsing has started to gr...
By Rachel Ziemba
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Iranian Oil Executive Removed From U.S. Sanctions List Remains Active in Sector
An Iranian oil executive removed from U.S. financial blacklists last month because he had resigned from Iran’s national oil company now holds senior positions with two Iranian...
By Jason Bartlett
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Biden to Temper U.S. Use of Sanctions Weapons, Officials Say
The Biden administration is revamping the way the U.S. uses punitive sanctions, aiming to stem sweeping pressure campaigns, avoid collateral economic damage and act jointly wi...
By Jason Bartlett
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China on Cusp of Eliminating Cash, Pushing the World Toward Total Government Surveillance
The Chinese were the first in the world to invent paper money back in the 7th Century. Now, more than 1,400 years later, China is again on the cusp of creating a new form of g...
By Yaya J. Fanusie
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Memes, NFTs, sanctions: North Korea and the evolving world of cryptocurrencies
As the market for cryptocurrency grows and the wider public engages with the technology behind it, there are new opportunities for illicit actors like North Korea to take adva...
By Yaya J. Fanusie
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Russia Stumbles in Bid to Fight Global Price Surge With Duties
Russia’s answer to the surge in global commodity prices has been a mass experiment with duties, export curbs and price controls. It’s not working. Inflation has spiked to the ...
By Elina Ribakova
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The future of money: The digital currency revolution is here, and may sweep away 5,000 years of monetary history
There is a coming storm in the world of finance as governments around the world engage in a global contest to digitize their currenciesRead the full article and more from The ...
By Yaya J. Fanusie
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Russia Cuts Dollar Holdings From $119 Billion Wealth Fund Amid Sanctions
Russia said it will eliminate the dollar from its oil fund to reduce vulnerability to Western sanctions just two weeks before President Vladimir Putin holds his first summit m...
By Elina Ribakova
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Biden signs order banning investment in dozens of Chinese defence and tech firms
US President Joe Biden on Thursday (June 3) barred Americans from investing in dozens of Chinese companies in the defence sector or whose surveillance technology aids in serio...
By Martijn Rasser
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Sovereign funds pile into U.S. assets at fastest since at least 2005
Sovereign wealth funds stampeded into U.S. equities and fixed income in the first quarter, with inflows at the highest in at least 16 years, data from eVestment showed. Net fl...
By Rachel Ziemba
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The Hackers Next Door
When Lazarus, the notorious North Korean hacker group, needs help, it knows where to turn. Whether it wants to find a place to station hackers, hire money launderers to funnel...
By Jason Bartlett
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Beijing Tries to Put Its Imprint on Blockchain
China, home of the Great Firewall, is trying to bring order to a scrappy corner of cyberspace—and in the process put its mark on the next-generation internet. A Beijing-backed...
By Yaya J. Fanusie
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Australia Draws A Line on China
Australian defense officials and politicians alike are striking an increasingly hawkish tone on China. This week, it was revealed that a former top general warned his troops l...
By Tom Shugart