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Seizures of foreign exchange reserves will not weaken the dollar's role as dominant reserve currency

Recent sanctions imposed by the US on Russia have called into question the US dollar’s dominant role as a reserve currency. This column argues that sanctions will, in fact, reinforce the dollar’s dominance rather than weakening it. It emphasises the importance of ‘collateral’ demand for reserves, especially by developing countries. Countries which choose to exit the dollar
Crises Of International Macroeconomics Credit Suisse Deutsche Bank Research Economic Development Levy Yeyati Jp Landau
Source: voxeu.org

Reconciling the EU's domestic and global agendas | VOX, CEPR Policy Portal

The EU’s domestic and international agendas are usually discussed in various forums. Given the fallout from the Covid crisis and the dramatic consequences of the Russian invasion of Ukraine, this column argues that these agendas should eventually merge. A central fiscal capacity is a key element for reconciling the EU’s domestic and international goals. Domestically, it would
Herman Van Rompuy European Council Monetary Affairs European Parliament Banking Union Capital Markets Union
Source: voxeu.org

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A Tale of Two Crises: What 2008 Foreclosures Can Teach Us About Attorney General Enforcement Following COVID-19 | Bradley Arant Boult Cummings LLP

Moratoriums on foreclosures due to COVID-19 ended this summer, prompting concerns of a shock similar to the 2008 housing crisis. While there are numerous differences between today and...
United States District Of Columbia Freddie Mac Bradley Arant Boult Cummings Consumer Protection Committee Consumer Financial Protection Bureau

News Highlights: Top Global Markets News of the Day

Provided by Dow Jones Stocks Tumble as Delta Variant Sends Investors to Bonds U.S. stock indexes, oil prices and government-bond yields slid, amid concerns that the spread of the Delta coronavirus variant would hold back the global economy. Oil Prices Slide on Fears Delta Variant Will Crunch Demand Crude falls alongside stocks and government-bond yields as traders fret about a possible economic slowdown. U.S. Coronavirus Recession Lasted Two Months, Ended in April 202...
United States The Bahamas Nuclear Talks Fail Dow Jones Company Inc Central Bank National Bureau Of Economic Research

ETSU researchers examine substance abuse during pandemic

Researchers are working to get a clearer picture of how the COVID-19 pandemic has exacerbated Appalachia’s drug epidemic. Dr. Kate Beatty and Michael Meit, faculty in the East Tennessee State University College of Public Health’s Center for Rural Health Research, have co-authored an article in the Journal of Appalachian Health examining how the pandemic has affected substance abuse and overdose numbers in the region. The article, “Rural Appalachia Battling the Intersection of Two...
East Tennessee State University United States Rebekah Rollston Margaret Miller Kate Beatty Centers For Disease

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