When practical men in power espouse crazy causes, you can count on some expert or the other to crawl out of the woodwork to lend them intellectual justification. So it is with Donald Trump's trade war ...

America’s international arrangements are too expensive for the country to sustain. These costs include security alliances in which America bears too much of the burden, the World Trade Organization ...

Given the concerns over tariffs and a potential global trade war, a growing number of investors have suggested that Bitcoin (BTC +0.17%) might eventually replace the U.S. dollar and become the global ...

The head of China's central bank has called for a new international monetary system led by a few strong sovereign currencies, after decades of U.S. dollar dominance. "The development of the ...

It is one of the great paradoxes of the financial crisis that while the private sector scrambles for dollars, central banks are stuffed full of them. Ever since the Asian financial crisis in 1997, ...

This is an excerpt of the Planet Money newsletter. You can sign up here. Amid the dizzying trade actions President Trump has taken in recent days, it was easy to miss a remarkable speech the White ...

CEO and investor Jack Truong has identified several substantial economic barriers that will prevent the BRICS currency initiative from seriously challenging U.S. dollar dominance in the global ...

BEIJING -- In calling for a new global currency to replace the dominant dollar, China is showing a growing assertiveness on revamping the world economy ahead of next week's London summit on the ...

The position of the dollar as the world’s reserve chief currency has come under question this week from two significant quarters—the European Central Bank and the central bank of China. In an opinion ...

LONDON, Sept 30 (Reuters) - Global currency trading volumes soared to a record $9.6 trillion a day in April as Donald Trump's 'Liberation Day' U.S. trade tariff blitz triggered widespread market ...

The overvalued dollar has benefits for Americans, but also costs. A true global currency might be the answer. America's international arrangements are too expensive for the country to sustain. These ...