The global power of the dollar

The global power of the dollar

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David Miliband: ‘Peacemaking has gone into retreat’

The world is experiencing a record number of conflicts, just as governments retreat from international aid and diplomacy to leave a more politically fragmented international landscape in their wake. That is the view of David Miliband, the former UK foreign secretary and president ...  Show more

The world at war

War is raging in Ukraine, the Middle East and Sudan, while tensions are rising between China and Taiwan. What is driving this surge in global conflict, how should we respond and where, if anywhere, are the prospects for peace? Gideon is joined by Sir John Sawers, former head of M ...  Show more

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How the US Dollar Became an International Weapon of War
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After Russia's invasion of Ukraine, the US took a number of extraordinary steps to cut Moscow out of the international financial system. The country immediately was hit with a slew of sanctions. It was cut off from the SWIFT payment system and it even had its dollar reserves seiz ...  Show more

Weapons of cash destruction
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The US hopes the threat of sanctions will dissuade Russia from invading Ukraine. Historian Nicholas Mulder explains the surprising history of economic penalties as a weapon of war. This episode was produced by Amina Al-Sadi, edited by Matt Collette and Sean Rameswaram, engineered ...  Show more

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