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Publisher: Democracy At Work
2022-07-27BRICS - The Powerful Global Alliance
(00:00) My next update has to do with something called the BRICS, and I want to make sure you all are  familiar with the BRICS because you're going to become more familiar in the years ahead. And it  would be good to know it sooner rather ...(00:00) My next update has to do with something called the BRICS, and I want to make sure you all are  familiar with the BRICS because you're going to become more familiar in the years ahead. And it  would be good to know it sooner rather ... -
Publisher: Asia Times
2022-04-28Dependence on China shrinks the US economy in Q1
The US economy shrank in the first quarter due to a significant increase in the trade deficit, largely driven by the country's dependence on China. The trade deficit in goods reached a record high of $125 billion in March, contributing to a negati...The US economy shrank in the first quarter due to a significant increase in the trade deficit, largely driven by the country's dependence on China. The trade deficit in goods reached a record high of $125 billion in March, contributing to a negati... -
Publisher: Investopedia
2022-03-14How Petrodollars Affect the U.S. Dollar
The petrodollar system, established through agreements with Saudi Arabia in the 1970s, elevated the U.S. dollar to the world's reserve currency. This allowed the U.S. to enjoy persistent trade deficits and become a global economic hegemony. Petrod...The petrodollar system, established through agreements with Saudi Arabia in the 1970s, elevated the U.S. dollar to the world's reserve currency. This allowed the U.S. to enjoy persistent trade deficits and become a global economic hegemony. Petrod...
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