Crisis of Global Financial System
Even before the war in Ukraine and the severe western sanctions imposed on Russia, the global economic and financial system was entering a period of transition.
Changes in the relative economic power of nations, particularly those of rising powers in Asia, began to challenge America's global financial and economic hegemony.
For the first time, there are serious efforts to replace the US dollar as the international trade currency as well as efforts to create new international financial systems independent of the west, new systems which cannot be abused and weaponized by the west to wage economic war on peoples around the world.
It is not yet clear how these new global economic and financial systems will look like, but what is clear is that they will be centered in Asia and be very different than what existed previously.
Last Episode: Parliament's Role in Iran's Foreign Policy
Islamic Republic of Iran Army
The Future of Occupied Palestine
Iran warns US against resumption of ‘maximum pressure’ policy
Israeli strikes kill 28 people in Lebanon
Hezbollah strikes major Israeli air force base for first time
Iran authorizes imports and sale of unleaded gasoline at free prices
Who said what about genocide in Gaza and Lebanon at OIC-Arab League summit?
More journalists killed by Israel in Gaza than in any conflict in recent decades: Report
Israeli attacks on Syria serious threat to regional stability: Iranian diplomat
Yemen carries out pre-emptive strike against US aircraft carrier
PressTV NEWSLETTER
now
This makes it easy to access the Press TV website
