U.S. Dollar Hegemony

Is the Reign of the Dollar Coming to an End?

June 24, 2024 UNAC Editor BRICS, Global South, Global Trade, US Foreign Policy

by Vijay Prashad, printed in TriContinental Institute Newsletter, June 20, 2024 Though the Dollar-Wall Street regime remains significantly powerful, de-dollarisation and possibilities of a shifting global order are being driven by US economic weakness, the aggressive use of illegal sanctions by the US and its Global North allies, and the growing political and economic strength of the Global South through[…]

A Roadmap to Escape the West’s Stranglehold

October 16, 2022 UNAC Editor Austerity, Economic Collapse, Economics, Global Trade, International Aid and Debt, Uncategorized

by Pepe Escobar, published on The Cradle, October 6, 2022 Recent discussions question how to frame the coming changes, will there be relief for those suffering austerity and sanctions, is the suffocating grasp of dollar hegemony coming to an end, and if so, what are the significant global changes that will enable this transformation of the global economy? Is there[…]