Renminbi and crypto pose no major threat to dollar’s global dominance

Tuesday 22 March 2022 – Vol.13 Ed.12.2

Commentary: Russia sanctions, the renminbi and the dollar’s future

By Mark Sobel in Washington

The dollar’s global dominance remains well entrenched. Yet every ripple in international finance engenders a tedious new round of chatter – will the dollar lose its dominant status? With the imposition of severe financial sanctions on Russia, rumblings that China will provide Russia a lifeline and rumours Saudi Arabia will denominate oil prices in renminbi, markets...

https://allaboutshipping.co.uk/2022/03/22/renminbi-and-crypto-pose-no-major-threat-to-dollars-global-dominance/

Aircon’s ‘freight people building tech’ to optimize air cargo

Air cargo consolidation platform Aircon announced Monday it has closed on a $1 million pre-seed round led by Schematic Ventures to leverage shared airfreight gateways to reduce shipping costs, lower the risk of cargo damage and bring sustainability to air cargo operations.

The Dallas-based air cargo platform was founded in 2021 by Vice President of Operations Irl Wakefield, Vice President of Sales Reed Rivers, and CEO Chris Condon, who have a combined 56 years of experience in air transportation...

https://www.freightwaves.com/news/aircons-freight-people-building-tech-to-optimize-air-cargo

Rise in US private debt jeopardises stability as crypto divides regulators

Monday 21 March 2022 – Vol.13 Ed.12.1

Commentary: Cocktail of private debt and inequality makes US more vulnerable to stagflation

By Julian Jacobs in London

The Ukraine crisis is a portentous event for the global economy. The combination of rising prices and stifled growth is presenting central banks and governments with a dilemma about the possible emergence of stagflationary pressure. Yet the macroeconomic conditions that have left the US economy vulnerable to economic shocks have remained...

https://allaboutshipping.co.uk/2022/03/21/rise-in-us-private-debt-jeopardises-stability-as-crypto-divides-regulators/

How the ECB can improve its communications, How high will the Fed have to go? and more

THE WEEKEND REVIEW Latest opinion and analysis from OMFIF around the world

14-18 March 2022, Vol.13 Ed.11

Most-read Commentary

How the ECB can improve its communications: As the European Central Bank approaches its first significant monetary tightening since 2011, President Christine Lagarde faces a threat of cacophony among the voices making up the 25-member governing council. This endangers the cohesion and the credibility of the central bank as it confronts the economic and political...

https://allaboutshipping.co.uk/2022/03/19/how-the-ecb-can-improve-its-communications-how-high-will-the-fed-have-to-go-and-more/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon