Iran’s yuan push for oil trade signals fresh challenge to dollar dominanceIran is reportedly considering demanding Chinese yuan for oil shipments through the Strait of Hormuz, a move that could challenge the US do...
Quid delendum: The petrodollar is the menace to world peaceIran war: India faces significant risks from the US-led conflict with Iran. This aggression threatens India's energy security and the globa...
For a few dollars less: The quiet demise of the petrodollar agreementThe USD hegemony is unravelling, and the global financial order is moving towards a new era led by BRICS-plus countries. Hard commodities-b...
Petrodollar, it's alive & flowingReports of demise of the dollar as a reserve currency due to Saudi Arabia potentially pricing oil in other currencies are exaggerated. The ...
City City, Bang Bang: Manchester City have not merely raised the bar, they have changed the gameManchester City secured their fifth Premier League title in six seasons, winning with two games to spare. The team is on course to win the ...
Petrodollar’s debt-fuelled high may be on the wane. That may not be a bad thing for the worldThis is not to say US will not resist with might and main. Even the recent flurry of activity by US diplomats and journalists to convince I...
As petrodollars dwindle, banks in the Gulf look for new survival strategiesThe blowback of these measures taken to control the rampaging virus worldover was felt by major oil suppliers including the Gulf countries ...
Rupee recovers 22 paise, opens at 70.78 against dollarRobust GDP figures further supported the currency.
The untold story behind Saudi Arabia’s 41-year US debt secretWhile oil’s collapse has deepened concern that Saudi Arabia will need to liquidate its Treasuries to raise cash, a more troubling worry has...
The incredible shrinking wealth funds that are ducking DavosIn the days of the commodity boom a few years ago, oil-rich nations and their petrodollar wealth were the darlings of the World Economic Fo...
Petro-dollar withdrawal: Who sold the most in India?Top global funds including Franklin Templeton, Aberdeen, Morgan Stanley and Goldman Sachs have emerged as the largest sellers in India’s eq...
Emerging markets oil exporters leave $70 billion liquidity holeEmerging market energy producers could put pressure on a range of capital market instruments including Treasuries this year.
- Bahrain cannot depend on foreign workers forever
In order to reduce its reliance on foreign labour, Bahrain must train its own workforce as workers from Asian countries will not be lured b...
- Petrodollars will test Asia’s fixation with dollar
A glance at stock values suggests that lower energy prices are an unalloyed blessing for Asia. That may not be true.
- Forget petrodollars, get ready for petroyen
Few countries would find fault with investors looking their way. That is, unless it’s Japan and the buyers in question are central banks.
- Petro-dollars fuel FDIs into India
There’s a silver lining for India which has been suffering due to high oil prices. Petro-dollars are boosting FDI flows in a significant ma...
- From middle-east, with love
The Indian market is attracting the attention of several Gulf-based funds and, sources in the private equity circuit say, there are 6bn pet...