China's quest to turn the yuan into a global currency isn't actually driven by domination. It's about sanctions.

Tech Insider : Economy, Economy
Several 100 yuan banknotes and a $100 bill.
China is playing defense more than offense in its international promotion of the Chinese yuan, a researcher says.

Sheldon Cooper/SOPA Images/LightRocket/Getty Images

A group of emerging nations could soon start knocking down one key pillar of dollar dominance

Tech Insider : Economy
US dollar bill with glitch effect
Some emerging nations are calling for a move away from the global financial system dominated by the US dollar.

Michael Raines

3 reasons countries around the world want to break up with the dollar

Tech Insider : Economy, Politics, Economy
A few key outside factors are chipping away at the US dollar's dominance in global trade.
A few key outside factors are chipping away at the US dollar's dominance in global trade.

Getty Images

Argentina's dollar-loving president Javier Milei warns the country to get ready for a painful economic shock

Tech Insider : Economy, Economy
A supporter of Presidential candidate Javier Milei of La Libertad Avanza holds a replica of a hundred dollars bill with Milei's photo during a rally on September 25, 2023 in San Martin, Buenos Aires, Argentina.
A supporter of Presidential candidate Javier Milei holds a replica of a hundred-dollar bill during a rally in September.

Tomas Cuesta/Getty Images

Taking dollarization to the next level: Here's a look at countries using the greenback as local currency

Tech Insider : Economy
Andrew Jackson portrait on twenty dollar bill.
Andrew Jackson portrait on $20 bill.

Elizabeth Fernandez/Getty Images

Dollarization will provide an 'incredible boost' to Argentina's economy, veteran emerging-markets investor says

Tech Insider : Economy
Argentine peso bills

(Photo by LEO LA VALLE/AFP via Getty Images)

This is the world's next major election. The winner has to fix chronic hyperinflation and halt a 6th recession in 10 years.

Tech Insider : Economy, Economy
argentina
Javier Milei and Sergio Massa are set to square off in a run-off vote to elect Argentina's next president on November 19.

Rodrigo Abd/Gustavo Garello/AP Photo

BRICS countries could swing an 'economic wrecking ball' at dollar dominance even without a shared trade currency, former White House economist says

Tech Insider
Money getting shredded

Daniel Grizelj/Getty Images

Argentina used Chinese yuan for part of its payment to the IMF as US dollars remain scarce

Tech Insider
One Chinese yuan bill lying on top of a US dollar bill.
One Chinese yuan bill lying on top of a US dollar bill.

Getty Images

Russia adds fresh capital controls to prop up ruble, but Kremlin is 'applying a Band-Aid to gangrene'

Tech Insider : Economy
Russian President Vladimir Putin attending the final stage of the 3rd International Olympiad on Financial Security on October 4, 2023.
Russian President Vladimir Putin attending the final stage of the 3rd International Olympiad on Financial Security on October 4, 2023.

MIKHAIL METZEL/POOL/AFP via Getty Images

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