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The term monetary hegemony appeared in Michael Hudson's Super Imperialism, describing not only an asymmetrical relationship that the US dollar has to the global economy, but the structures of this hegemonic edifice that Hudson felt supported it, namely the International Monetary Fund and the World Bank. The US dollar continues to underpin the ...
Dollar diplomacy of the United States, particularly during the presidency of William Howard Taft (1909–1913) was a form of American foreign policy to minimize the use or threat of military force and instead further its aims in Latin America and East Asia through the use of its economic power by guaranteeing loans made to foreign countries. [1]
A People's History of the United States; Cyclopaedia of Political Science, Political Economy, and the Political History of the United States; Land of Promise: An Economic History of the United States; The History of the United States of America 1801–1817; Oxford History of the United States; The Penguin History of the United States of America ...
The history of the United States dollar began with moves by the Founding Fathers of the United States of America to establish a national currency based on the Spanish silver dollar, which had been in use in the North American colonies of the Kingdom of Great Britain for over 100 years prior to the United States Declaration of Independence.
German reunification in 1990, with the democratic West absorbing the ex-Communist East. The dissolution of the Soviet Union in 1991, replaced by a friendly Russia and 14 other countries. Except for Tiananmen Square in China, all the events strongly favored the United States. Bush took the initiative in the invasion of Panama and the START treaties.
U.S. prosecutors asked a federal appeals court on Wednesday to pause their bid to revive the criminal case accusing President-elect Donald Trump of illegally handling classified documents, citing ...
The term petrodollar warfare refers to the alleged motivation of U.S. foreign policy as preserving by force the status of the United States dollar as the world's dominant reserve currency and as the currency in which oil is priced. The term was coined by William R. Clark, who has written a book with the same title.
BEIRUT (Reuters) -U.S. envoy Amos Hochstein said he will travel to Israel on Wednesday to try to secure a ceasefire ending the war with Lebanon's Hezbollah group after declaring additional ...