World politicsfromAxios1 day agoHow a swap line for Persian Gulf allies would break with the pastKevin Warsh advocates for Fed collaboration with the executive branch on international finance, particularly regarding swap lines for Gulf allies.
Cryptocurrencyfromnews.bitcoin.com1 week agoFrench Finance Minister: Euro-Based Stablecoins Vital to European Financial SovereigntyRoland Lescure urged EU banks to launch euro stablecoins by 2026 to counter U.S. financial dominance.
World politicsfromwww.aljazeera.com2 weeks agoIn Strait of Hormuz, Iran and China take aim at US dollar hegemonyTehran and Beijing aim to elevate the yuan's status to challenge US dollar dominance in global trade and oil markets.
World newsfromAxios2 months agoChina eyes challenge to U.S. dollar dominance - but that's easier said than doneChina aims to build a globally powerful currency and relax capital controls to challenge U.S. dollar dominance.
BusinessfromFortune6 months agoWhy do so many global payments still require a layover in New York? | FortuneGlobal cross-border payments are slow, costly, and overly dependent on U.S. correspondent banking concentrated in New York, creating inefficiency and systemic risk.