Home » US Dollar Dominance Under Fire as Sanctions Push Nations to Alternatives

US Dollar Dominance Under Fire as Sanctions Push Nations to Alternatives

by Jennifer Mackenzie



US Dollar Dominance Under Fire as Sanctions Push Nations to AlternativesA top Russian diplomat has squarely blamed former President Joe Biden for the U.S. dollar’s shrinking dominance in global finance, accusing Washington of using payment systems as tools of political coercion. Framing it as a consequence of American economic pressure tactics, Russian Foreign Ministry spokeswoman Maria Zakharova alleged that Biden’s administration deliberately isolated nations from […]



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