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Americas

“Concerns about the U.S. dollar’s dominance are not justified”

Commenting on the entry into BRICS of Saudi Arabia, an editorial by Al-Monitor, authored by its foreign affairs correspondent Sabena Siddiqui, argues that concerns about the U.S. dollar’s dominance are not justified. She notes: Oil transactions between China and the Gulf may be settled in Chinese currency, but experts do not foresee an end to …

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U.S climate debate raising tensions with trading partners

Time magazine reports how “the World Is Protesting America’s Climate Plan”, highlighting how not only the EU but also South Korea, Japan and India are angry at the U.S. climate measures. One South Korean official dubs the law a “betrayal.” as during the COP conference in Egypt, the EU dropped an extensive document complaining of “problematic” tax …

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