Emerging Market Investors Dump Dollar-Denominated Debt as Currency Continues Global Decline

May 21st 2023 7:17am EDT

The United States is facing what is shaping up to be a perfect storm of economic bad news, with higher than normal energy prices and inflation compounded by a spiraling debt crisis and fears of economic turmoil amid high stakes debt limit talks. Meanwhile, BRICS nations are brainstorming a way to de-dollarize the international trade […]

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