The global power of the dollar

The global power of the dollar

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Mark Carney on a world in rupture — and what comes next

Canada’s Prime Minister, Mark Carney, received a standing ovation at the World Economic Forum in Davos after warning that the global order has entered a period of “rupture”. In a post-speech interview with Gideon, Carney reflects on how globalisation went wrong — and on what can ...  Show more

Alexander Stubb on Greenland: the good, the bad or the ugly?

Gideon speaks to Finland’s president about how to resolve the stand-off between Europe and the US over Greenland. Alexander Stubb describes the dispute as the "most difficult issue he has faced since taking office", arguing that discreet “back office” diplomacy, rather than publi ...  Show more

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It’s all about the dollar
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The US Supreme Court rejects an existential legal challenge to the country’s top consumer finance watchdog, a $10bn US property fund is running low on liquidity as investors demand their money back, and Russia and China agree to tighten military ties and deepen their economic ...

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Israel debates retaliation against Iran
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US lawmakers face new pressure to approve military aid for Israel, and Tianqi Lithium’s strategy is at risk as Chilean President Gabriel Boric’s government works to take back control of resources. Plus, depositors put pressure on big US banks.


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Apple posted record revenue of $123.9bn in the holiday quarter, and investors had a tough time gauging the Federal Reserve’s hawkish tone, the UK’s new information watchdog says he wants the country to take the lead on holding Big Tech to account in a post-Brexit Britain free ...

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Is a post-dollar world coming?
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US inflation is expected to have eased due to falling energy prices and Ukraine has regained momentum fighting back the Russian invasion. Plus, Ruchir Sharma tells us why he thinks the dollar may not be the world’s dominant currency for much longer. 


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