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Opinions | Panic at the dollar

Opinions | Panic at the dollar Daniel Drezner © Yan Cong/Bloomberg Signage for the digital yuan at a supermarket checkout in Shenzhen, China. Back in 2018, I expressed some unease with the dollar’s standing in the global economy. This was premised on two worrisome trends. The first was the explosion of U.S. public debt issuances and whether foreign actors would continue to display an appetite for Treasuries. Popular Searches The second was the executive branch weaponizing the dollar to enable more acts of financial statecraft: “If the United States cannot credibly commit to not abusing the dollar’s exorbitant privilege, eventually other countries in the system will become willing to shoulder the burdens of transitioning away from the dollar.”

United statesJames areddyYan cong bloombergTom oconnorBarry eichengreenKen rogoffPeople bankBloomberg signageTomo connorStatus as worldTop currencyWall street journalWorld warWechat payஒன்றுபட்டது மாநிலங்களில்யான் காங் ப்ளூம்பெர்க்

Exxon Floats $100 Billion Federal-Backed Carbon Capture Hub

Exxon Floats $100 Billion Federal-Backed Carbon Capture Hub Bloomberg 4 hrs ago Kevin Crowley © Bloomberg Signage is displayed at an Exxon Mobil Corp. gas station in Falls Church, Virginia, U.S., on Tuesday, April 28, 2020. Exxon is scheduled to released earnings figures on May 1. (Bloomberg) Exxon Mobil Corp. proposed a giant, $100 billion hub to capture carbon dioxide emissions along the U.S. Gulf Coast in Texas but warned that government funding would be required to pay for and develop it. Popular Searches In what would be the world’s biggest carbon carbon and sequestration project, Exxon, along with a multitude of private and public partners, would build a facility to collect emissions from refineries, petrochemical plants and other industrial facilities along the Houston Ship Channel, Joe Blommaert, president of Exxon’s new low-carbon business said in a blog post.

Houston ship channelUnited statesFrance generalFalls churchJoe blommaertJoe bidenExxon mobil corpBloomberg exxon mobil corpBloomberg signageMade in america tax planParis agreementஹூஸ்டன் கப்பல் சேனல்ஒன்றுபட்டது மாநிலங்களில்பிரான்ஸ் ஜநரல்விழும் தேவாலயம்ஓஹோ பிடென்

Toshiba Says CVC Proposal Lacks Sufficient Detail to Evaluate

Toshiba Says Potential Buyout Offer From CVC Has Stalled Bloomberg 43 mins ago Takashi Mochizuki and Yuki Furukawa © Bloomberg Signage for Toshiba Corp. displayed at the company s headquarters while the red figure is illuminated on a pedestrian light in Tokyo, Japan, on Wednesday, April 7, 2021. Toshiba surged its daily limit of 18% after confirming it received an initial buyout offer from CVC Capital Partners, setting the stage for potentially the largest private equity-led acquisition in years. (Bloomberg) Toshiba Corp. said a potential acquisition offer from CVC Capital Partners has stalled after the firm submitted a new proposal that lacks sufficient information for evaluation.

Signage for toshiba corpBloomberg signage for toshiba corpBloomberg toshiba corpBloomberg signageBloomberg newsஅடையாளம் க்கு தோஷிபா கார்ப்ப்ளூம்பெர்க் அடையாளம் க்கு தோஷிபா கார்ப்ப்ளூம்பெர்க் தோஷிபா கார்ப்ப்ளூம்பெர்க் அடையாளம்ப்ளூம்பெர்க் செய்தி

Biden Picks Evercore s Bianchi, Senate Aide for Trade Roles

Biden Picks Evercore’s Bianchi, Senate Aide for Trade Roles Bloomberg 3 hrs ago Jenny Leonard © Bloomberg Signage hangs outside the Office of the U.S. Trade Representative in Washington, D.C., U.S., on Wednesday, Aug. 14, 2019. The Trump administration announced today it will delay until mid-December the 10% tariff on some Chinese products on many holiday-shopping lists, with the president acknowledging that the levies would have hurt consumers. (Bloomberg) President Joe Biden will nominate Evercore ISI policy analyst Sarah Bianchi and senior Senate aide Jayme White as deputies in the Office of the U.S. Trade Representative, the White House said Friday.

Nova scotiaCapitol hillDistrict of columbiaUnited statesWhite houseRon wydenSarah bianchiKatherine taiEvercore bianchiBarack obamaJoe bidenJayme whiteAirbnb incSenate finance committeeBlackrock incUniversity of delaware

China Says Huarong Operations Are Normal, Has Ample Liquidity

China Says Huarong Operations Are Normal, Liquidity Ample Bloomberg 1 hr ago Bloomberg News © Bloomberg Signage atop the China Huarong Tower, which houses the headquarters of China Huarong International Holdings Ltd., a unit of China Huarong Asset Management Co., center, in Hong Kong, China, on Tuesday, April 13, 2021. Growing panic over the financial health of one of China’s largest bad-debt managers China Huarong Asset Management Co. spilled into the broader market, as traders circulated a Caixin report that openly considered the worst-case scenario for the company. (Bloomberg) China’s financial regulator said operations at China Huarong Asset Management Co. are normal and the company has ample liquidity, marking the first outright comments seeking to ease investor concerns over the financial health of the nation’s largest distress-loan manager.

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