R1.6bn financing deal set to ease currency risks for local businesses
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Iran’s crumbling economy is the regime’s greatest weakness as authorities worry about making payroll
The Iranian economy was already in shambles before the U.S. and Israel launched their war on the Isl[……] Read More
The petrodollar faces increased risk, but a petroyuan is ‘far-fetched,’ strategist says
President Donald Trump’s war on Iran has raised doubts about America’s superpower status and currenc[……] Read More
Aspire taps JPMorgan for currency conversion services
Aspire serves over 50,000 businesses and secured eight licenses across Australia, Europe, and the US[……] Read More
The ‘petrodollar’ has been weakening for years, economist warn. The Iran war put a spotlight on it
The gold standard may have ended in the early 1970s, but something else quietly took its place for t[……] Read…
Dollar doomsayers can relax: Iran’s ‘petroyuan’ gambit won’t topple the greenback
Even amid the torrent of disquieting news from the Middle East in recent weeks, an Iranian suggestio[……] Read More
Dollar dominance is reinforced by the oil trade, but the Iran war could give rise to the ‘petroyuan’
Middle East oil has long been a linchpin of the U.S. dollar’s status as the dominant currency in glo[……] Read…
Iran, the $39 trillion national debt and dedollarization: How Trump exposed America’s Achilles Heel
The year was 1974 and President Richard Nixon had dispatched his Secretary of State Henry Kissinger[……] Read More
Iran issues its largest-ever currency denomination as spiraling inflation ravages financial sector
Iran’s economy was already crashing before the U.S. and Israel launched a war against the Islamic re[……] Read More
The U.S. Mint just dropped the olive branch from the dime. What does that mean for the country?
The U.S. Mint unveiled new designs for the country’s 250th anniversary and it left out one key detai[……] Read More