Sanctions are testaments of American supremacy
January 14, 2020Contrary to popular belief, it’s not the weapon of the dollar that makes US sanctions against a country inescapable. The Greenback is of course the reserve currency par excellence on the global scale and naturally accounts for the American hegemony. However, doing business in another currency – for the many companies and nations under…
Iran is losing but it is far from checkmate
September 12, 2018Has the Iranian rial lost more than half of its value against the dollar since the start of this year? It’s routine for this country’s economy that has seen this same thing other times as, since the end of the Iraq war, each Iranian president has effectively been faced with a monetary crisis. From 1989…
