The global power of the dollar

The global power of the dollar

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Impeachments, Iran and the presidency: what’s next after the midterms?

Democrats secured control of both chambers of congress in a stunning victory for the party, and a sharp rejection of President Trump’s Republican Party. Democrats won closely-watched senate races in Michigan and Maine, as well as in conservative strongholds including Texas and Ka ...  Show more

Can Netanyahu hold on to power?

Benjamin Netanyahu emerged from this week’s Israeli elections with a slender lead over his closest rival, Gadi Eisenkot, but his far-right coalition fell short of an overall majority. The prime minister’s performance was better than pre-election polls had predicted, and sets up w ...  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

Iranians count the cost of renewed sanctions
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Gideon Rachman discusses the impact on Iran's economic and political stability of the US decision to reimpose sanctions, with the FT's Najmeh Bozorgmehr and Andrew England Hosted on Acast. See acast.com/privacy for more information.