The Petrodollar's Long Goodbye

As part of their concern about “currency power,” many countries in the Global South are eager to develop non-dollar trade and investment systems, writes Vijay Prashad.



By Vijay Prashad
Tricontinental: Institute for Social Research
On Dec. 9, China’s President Xi Jinping met with the leaders

Related Keywords

Qatar , Australia , Renmin , Liaoning , China , Afghanistan , United States , Shanghai , Brazil , Arab League , Al Qahirah , Egypt , Russia , New Zealand , India , Uruguay , Libya , Switzerland , Spain , Norway , Moscow , Moskva , Argentina , Iran , South Africa , Riyadh , Ar Riya , Saudi Arabia , Canada , Chongyang , Hubei , Iraq , Arabian Peninsula , Saudi Arabia General , Denmark , Singapore , Paraguay , Sweden , Venezuela , Turkey , Australian , Singaporean , Saudi , Swedish , Norwegian , Canadian , Chinese , Russian , Saudis , Spanish , Danish , Swiss , American , Vijay Prashad , Sarah Mohanna Al Abdali , Joe Biden , Abdulaziz Al Saud , Vladimir Putin , Ahmed Zaki Yamani , Wikimedia Commons , Noam Chomsky , Gal Luft , Manal Al Dowayan , Fernando Haddad , Kul Yoghani Ala Laylah , Ghada Al Rabea , Adam Tooze , Richard Nixon , Abdulhalim Radwi , William Simon , International Monetary Fund , Consortium News , Society For Worldwide Interbank Financial Telecommunications , People Bank , Institute For Social Research , Chongyang Institute For Financial , Renmin University Of China , Mastercard , Shanghai Cooperation Organisation , Institute For Analysis Of Global Security , Visa , Gas Exchange , Fedwire Funds Service , Gulf Cooperation Council , Salomon Brothers , I Ama Petroleum , Us State Department , Global South , King Salman , President Xi Jinping , Road Initiative , Central Asia , Petroleum Engineer , Shanghai Petrol , Secretary William Simon , Ahmed Zaki , Global Security , Thewall Street Journal , President Vladimir Putin , Worldwide Interbank Financial Telecommunications , Clearing House Interbank Payment Services , Fedwire Funds , Financial Messages , Cross Border Interbank Payment System , Digital Silk Roads , South American , Local Currency Payment System , Mohanna Al Abdali , Yoghani Ala , Their Own , Stealth Erosion , Free Trade , Gulf Arabs , Saudi Vision , West Asia , Leftword Books , Chongyang Institute , Financial Studies , Renmin University , Darker Nations , Struggle Makes Us Human ,