Trump's policies will displace the dollar

Back in 1965, Valéry Giscard d'Estaing, then France's Minister of Finance, famously called the benefits that the United States reaped from the dollar's role as the world's main reserve currency an "exorbitant privilege." The benefits are diminishing with the rise of the euro and China's renminbi as competing reserve currencies....

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Trump's WTO threats: A spectre of disorder in global trade system

On the last day of the last month, in an interview with the Bloomberg News, President Donald Trump threatened to withdraw the United States (US) from the World Trade Organisation (WTO). "If they don't shape up, I would withdraw from the WTO," Trump said in the interview and alleged that...

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