The term ldquo;petrodollar rdquo; originated in the 1970s to describe U . S . dollars earned by oil-exporting countries, primarily in the Middle East .

Countries that buy crude oil and those that produce it exchange USD in a system called the petrodollar system. The USD has ...

Following my three part article titled “Agenda for Nigeria’s Economic Recovery and Transformation”, many readers weighed in ...

Currently, the dollar is strong due to the strength of the U.S. economy, its function as the petrodollar, its status as the ...

In a striking reversal and significant consequence for the international finance landscape, a new emphasis on cryptocurrency ...

There are several factors that have led to the dollar maintaining its international reserve currency status. One is the ...

The 2024 U.S. election resulted in a Trump victory, impacting gold prices and creating potential volatility, but maintaining ...

The US dollar emerged from the post-WWII Bretton Woods agreement as the sole global reserve currency, and has retained its ...

Following recent discussions within the State Administration Coalition, Subhi expressed optimism about reaching an agreement ...

The first Trump administration gave the world the Nobel Prize-worthy Abraham Accords, an extraordinarily inventive and ...

To be fair, this structure had facilitated trade for decades and provided the financial stability needed for global revival ...

Capitalism, militarism and imperialism are disastrously intertwined with the fossil fuel economy….A globalized economy ...