The United States–Saudi “petrodollar” arrangement has underpinned American economic and military power for nearly five ...

Surely, financial upheaval lay ahead. Almost immediately, Google searches for the term “petrodollar” spiked to the highest ...

The answer is simple “PETRODOLLAR”. On August 15 th 1971, USA president Richard Nixon shocked the world by ending the Gold convertibility system. Gold convertibility system was born during the ...

With the foreign investment watchdog spending the past three months scrutinising the deal, broadcast rights for AFL, NRL, ...

The dominance of the U.S. “petrodollar” continues to this day. Recent news coming out of Russia, however, suggests that the era of U.S. dollar dominance could be coming to an end, due to ...

The petrodollar system, which mandates that most oil transactions be made in U. S. dollars, has controlled the world oil ...

Add articles to your saved list and come back to them any time. The sale of News Corp’s Foxtel to DAZN is moving closer to completion, with the deal – bankrolled by Saudi petrodollars, sending ...

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...

Discover the long history of money, from goldsmiths to Bitcoin, and how digital currencies are challenging traditional monetary systems.

and we would expect investors such as the petrodollar-fueled sovereign wealth funds to bid up those values at a measured pace over time. For global investors, a higher dollar is a positive factor ...