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'The Answer Isn't to Shake Faith in the Dollar'

Summary by The Week
'Mismanagement is putting dollar's global standing in jeopardy'Bloomberg editorial boardThe White House has "raised a fundamental question about the international monetary system: Does the dominance of the dollar impose an unfair burden on America?" says the Bloomberg editorial board. The "short answer is no," as the dollar's "centrality gives the U.S. big advantages — and they'll be sorely missed if that standing is eroded." At the "same time, …

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Do the upheavals in our southern neighbours sound like the end of this currency as a global reference?

This innovation of Toyota responds, according to a statement of the company, to the “stabilization of the macroeconomic variables” and to the intention to “expand the options for its different types of customers.” In addition to allowing direct payment in the US currency, the Japanese automaker reported that she is actively working on an alternative financing that will also be in dollars. The specific details and characteristics of this new cred…

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cba24n.com.ar broke the news in on Tuesday, June 3, 2025.
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