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Is the Reign of the Dollar Coming to an End?

Jiang Tiefeng (China), Stone Forest, 1979. By Vijay Prashad / Tricontinental: Institute for Social Research In early June, a rumour began to circulate – which was widely reported in the Indian press as true – that the government of Saudi Arabia had allowed its petrodollar agreement with the United States to lapse. This agreement, made in 1974, is quite straight-forward and […]