Tag: Economy
This month marks 55 years since President Richard Nixon closed the “gold window,” severing the last link between the US dollar and gold. Under the 1944 Bretton Woods agreement, foreign countries pegged their currencies to the US dollar, which was then pegged to a fixed value of gold. Foreign countries could exchange their dollars for gold at a rate of 35 dollars per ounce.
By Tre NOWACZYNSKI Join us on Telegram, X, and VK. Contact us: info@strategic-culture.su The rooftop of Azotea de la India in Centro Habana offers respite. At this elevation, just peaking over the rival buildings, the sea breeze races across the […]
If the people’s basic welfare is not secured, the entire political system is unsafe.
The United States acts unfairly, but Brazil is ultimately responsible for its own economic dilemma.
