A nuclear-powered US Navy submarine has arrived in the South Korean port city of Busan, a day after the two countries held joint military drills in the Korean peninsula. This is the first time in nearly six years that a submarine classified as “SSGN”, or a cruise-missile submarine, has stopped ...
US sanctions are pushing many countries to seek alternatives to the dollar for settlements, Treasury Secretary Janet Yellen admitted during her annual appearance on Tuesday before the House Financial Services Committee to discuss the state of the international financial system. Asked about the risk of de-dollarization, Yellen acknowledged that the ...