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Dollar Hegemony, Saudi Arabia, Oil, and Ron Paul
Interviewed Tuesday at Bloomberg, Saudi Arabia Finance Minister Mohammed Al-Jadaan indicated that Saudi Arabia would be open to conducting trade, including involving oil, in various currencies — mentioning in particular the euro and the Saudi riyal — instead of the United States dollar. This is the latest in a series of developments suggesting the Middle East nation and large oil producer is shifting away from supporting US dollar hegemony through trade.
The Periodic Table of Commodity Returns (2013-2022)
The Periodic Table of Commodity Returns (2013-2022)
Trying to predict which commodities will come out on top in any given year is tricky business—especially during this turbulent period in markets.
Survey Results: Will Global Stock Markets Crash in 2023?
Survey Results: Will Global Stock Markets Crash in 2023?
For the upcoming year, expert predictions have ranged from extreme optimism to not-so-subtle nervousness, especially when it comes to gauging the health of the global economy.
This chart from Gilbert Fontana skips past expert predictions, and looks directly at those of citizens in multiple countries around the world.
The Biggest Global Risks of 2023
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