Tag: BRICS

Argentina v. the Hedge Funds

Exclusive: A battle between Argentina and U.S. hedge funds, which gambled on the country’s defaulted bonds, is raising questions about how far U.S. courts can go in requiring governments to pay and whether developing nations can defy the U.S.-dominated financial system, reports…

Israel and US Hit Self-Destruct

Traditional U.S. policies backing Israel whatever it does and assuming the dollar will remain king are facing new challenges as Israel shocks the global conscience with its war on Gaza and emerging economic powers consider a new reserve currency, notes…