Donald Trump advisers are looking for ways to counteract the process of dedollarization in the world – the refusal of countries to use the dollar to reduce its influence.Among the measures discussed are fines for countries actively seeking ways to use other currencies in bilateral trade, export controls, as well as fees for currency manipulation and tariffs.The fight against the dominance of the dollar in the financial system intensified in 2022 after the United States imposed harsh economic san... Read More
China’s export rose at a slower rate in September dropped down at a slower rate in September, i... Read More
Investor’s confidence in the eurozone dropped more than the forecast in October based on the survey ... Read More
China’s service sector rose at the quickest pace in July quarter due to pick-up in demand according ... Read More
Household spending rose in August at the fastest annual rate in three years due to higher... Read More
The US services sector grew to a 21-year high in September, supporting employment of most companies... Read More
German services growth reached an 8-month high in September based on the survey on Wednesday which... Read More
The central bank of Australia has been going steady for the 26 consecutive months on Tuesday,... Read More
The manufacturing activity of Japan grew steadily in September based on the revised survey on... Read More