For many years the greenback has dominated world markets to turn into the spine of the worldwide capitalist system. Now, nevertheless, Russia’s invasion of Ukraine and the ensuing sanctions in opposition to Vladimir Putin’s regime might have breached the greenback’s dominance. That, not less than, is what many consultants suppose.
On this new video made in collaboration with Worth Faculty, we inform you what function the greenback performs within the world financial system and what dangers the warfare in Ukraine has posed to its dominance.