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Republican presidential candidate Vivek Ramaswamy trails former President Donald Trump and Florida Gov. Ron DeSantis (R) in the polls. Ramaswamy’s platform, which includes tightening security along the southern border and endorsing conservative family values, seems to be resonating with GOP voters. Straight Arrow News contributor Ruben Navarrette highlights what he sees as an Achilles’ heel,…
The latest swell of dedollarization really gained steam after the U.S. levied harsh financial sanctions against Russia for invading Ukraine. Russia, its allies and economic partners have gone as far as discussing creating a brand new currency to combat dollar dominance. As the current world reserve currency, the U.S. dollar is at the center of…
The U.S. dollar has been the world’s dominant reserve currency for as long as most people alive can remember. Dedollarization talk in the past has never amounted to much, but with renewed calls to dedollarize, is king dollar about to lose its reign? I should say never is a very long time. I shouldn’t say…
The U.S. dollar’s global dominance has been a sure thing for about a century. Now emerging economies are looking to dethrone it. Foreign ministers from Brazil, Russia, India, China and South Africa, nations known collectively as BRICS, have recently discussed using alternative currencies to challenge U.S. global influence. Representatives from the bloc gathered in Cape…
Is the U.S. dollar really at risk of losing its reserve currency status? Dedollarization talks are heating up as more countries look to cut the U.S. dollar out of trade transactions. What would a move away from the U.S. dollar mean for the U.S. economy and what currency could replace it? Geopolitical strategist Peter Zeihan…
President Biden’s approval of the transfer of F-16 fighter jets from the Netherlands and Denmark to Ukraine comes at a crucial time. Ukrainian air force spokesman Yuriy Ihnat said that while the planes will not contribute to their defense this fall and winter, the F-16s will help “completely change the course of combat actions.” Meanwhile,…
A hearing was set for Tuesday, Aug. 22 where a judge will consider whether Texas can keep the floating buoy barrier it constructed in the Rio Grande near Eagle Pass. The Justice Department sued Texas over the barrier, arguing it could impact relations with Mexico. Both the department and Mexico have expressed concern the buoys…
Donald Trump is skipping the first Republican presidential primary debate Wednesday, Aug. 23, in Milwaukee. The former president instead taped an interview with former Fox News host Tucker Carlson which is expected to be posted online around the same time. Trump wrote on social media, “The public knows who I am & what a successful…
Aircraft carriers may be the pinnacle of power on the surface, but no modern navy is complete without submarines. The underwater craft rely on stealth to stay alive, but researchers in China may have just blown that ability to stay hidden out of the water. China, the United States and Russia have the most submarines…
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