World News@lemmy.worldEnglish · 1 year ago

Backlash Against Weaponized Dollar Is Growing Across the World

finance.yahoo.com

Backlash Against Weaponized Dollar Is Growing Across the World

finance.yahoo.com

Korkki@lemmy.world to

World News@lemmy.worldEnglish · 1 year ago

(Bloomberg) -- All around the world, a backlash is brewing against the hegemony of the US dollar.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiHedge Funds at War for Top Traders Dangle $120 Million PayoutsEverything Apple Plans to Show at WWDC: XR Headset, iOS 17 and MoreBrazil and China recently struck a deal to settle trade in the

(Bloomberg) – All around the world, a backlash is brewing against the hegemony of the US dollar.

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Derbicus@kbin.social
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1 year ago
Global trade is conducted in US dollars, so they kind of are forced to use the dollar if they want to trade.

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