UK newsfromFortune1 week agoScott Bessent made a billion betting against a faked currency. On China's, the Treasury chief is silent | FortuneA central bank propping an unsupported currency level eventually loses to market forces, creating opportunities for those who anticipate the crash.
World politicsfromFortune1 month agoDollar dominance is reinforced by the global oil trade, but the Iran war could give rise to the 'petroyuan' as U.S. security shield weakens | FortuneTrump's actions against Iran may weaken the petrodollar and allow China's currency to gain influence in global trade.