Iraq has just banned US-dollar transactions, the Saudis and Emiratis plan to sell oil without it and there are plans to establish a whole new currency to bypass it
Iraq has just banned US-dollar transactions, the Saudis and Emiratis plan to sell oil without it, and there are plans to establish a whole new currency to bypass it. To know why, first have a look at the war in Ukraine.
Iraq has just banned US-dollar transactions, the Saudis and Emiratis plan to sell oil without it and there are plans to establish a whole new currency to bypass it. To know why, first have a look at the war in Ukraine.
Livia Moretti took the reins at Switzerland-based Bank CIC in February amid turbulent times for the bank. After years of boisterous growth, she is prioritizing quality at the institution, the Luxembourg-based banker tells finews.com.
The era of near zero interest rates arguably made our current inflation problems worse and left the financial system more vulnerable to bouts of instability.