According to a 2025 report by the People's Bank of China, the RMB is now the world's third most-used currency for trade ...
Writing wistfully in 1919, John Maynard Keynes reflected on how the first world war had brought the first great age of financial globalisation to a crashing end. A few years earlier a Londoner sipping ...
Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...
Indeed there would be. VTB’s shop front in the City of London kept busy for years (and briefly employed your correspondent). Russia’s invasion of Ukraine in 2022 finally prompted severe enough ...
THE European money crisis only dramatized what many experts have long regarded as an unassailable dictum: the free world’s monetary system is overdue for an overhaul. That system—the internationally ...
The International Monetary Fund says a painful slowdown, which could include a recession, has become a bigger risk for the global economy. By Alan Rappeport WASHINGTON — The world economy faces the ...
Explore the key roles and differences between the IMF, WTO, and World Bank, and learn why these global organizations are ...
Brian Brooks and Charles Calomiris make an interesting case for expanding dollarization of the world economy through stablecoins (“Stablecoins Can Keep the Dollar the World’s Reserve Currency,” op-ed, ...
In Washington late this month, 2,000 men from 102 countries will gather to discuss what is probably the world’s most fascinating, most widely, talked about—and most misunderstood—subject: money.
The author is a Reuters Breakingviews columnist. The opinions expressed are his own. Sign up here. In “The Death of Money,” author James Rickards sees a world of reasons for the dollar to crash and ...