Page 24 - Deutsche Mark News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Russia's war in Ukraine, Vladimir Putin and Xi Jinping's recent meeting in Moscow, and China's apparent success in brokering a diplomatic...

Jim O'Neill thinks renewed speculation about alternative currency arrangements for the US Dollar is generally misplaced

Russia's war in Ukraine, Vladimir Putin and Xi Jinping's recent meeting in Moscow, and China's apparent success in brokering a diplomatic rapprochement between Iran and Saudi Arabia have fueled renewed chatter about threats to the global primacy of the United States??"and particularly to that of the U.S. dollar. I encountered such commentary in the responses to my recent Global Policy article assessing the future of the BRICS (Brazil, Russia, India, China, and South Africa).

Perceived threats to the dollar’s role in the global financial system are nothing new; they have been a frequent occurrence since the 1980s. But until would-be challengers can find a credible alternative to the dollar for their own savings, the greenback’s dominance will not really be in doubt.

Content creators are always looking for ways to connect with their audiences and monetize their content. Fanfix poses as a new way to do just that.