The Italian political theorist Antonio Gramsci presciently observed: “The crisis consists precisely in the fact that the old is dying and the new cannot be born; in this interregnum a great variety of morbid symptoms appear.” This period that we live in is arguably shaped by three elements: two moribund …

Western sanctions against Russia have accelerated the move away from the U.S. dollar worldwide, Stephen Jen, the CEO of London-based asset management company Eurizon, warned on Tuesday. The dollar’s share in global reserves fell ten times faster last year than over the past two decades, Jen said, as cited by …

Recent US Dollar weakening against other developed market and emerging market currencies coupled with announced plan of BRICS economies to create a new global currency have fueled concerns about the decline of the greenback as the pre-eminent global currency. All the while there are ominous signs of the weakening of …