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The latest swell of dedollarization really gained steam after the U.S. levied harsh financial sanctions against Russia for invading Ukraine. Russia, its allies and economic partners have gone as far as discussing creating a brand new currency to combat dollar dominance. As the current world reserve currency, the U.S. dollar is at the center of…
In response to a number of recent national security concerns, including spy balloons and espionage within the military, state legislators are moving to put restrictions on Chinese land ownership in the United States. A Washington Post analysis of data compiled by the advocacy group Asian Pacific American Justice found that lawmakers in 33 states have…
Tropical Storm Hilary left thousands without power in California, and Russia’s lunar mission ended with a crash. These stories and more highlight The Rundown for Monday, Aug. 21, 2023. Tropical Storm Hilary hits southern California The first tropical storm to hit southern California in 84 years brought heavy rains to the region, with forecasters telling…
According to North Korean state media, the country has concluded that U.S. Army private Travis King crossed the South Korean border into the North due to “inhuman maltreatment and racial discrimination.” The report marks North Korea’s first public acknowledgement of the crossing, nearly a month after it happened. “During the investigation, Travis King confessed that…
President Joe Biden commented on the deadly wildfires in Hawaii, and new data showed how television viewers are changing the industry. These stories and more highlight The Rundown for Wednesday, Aug. 16, 2023. Biden speaks on deadly Hawaii wildfires President Biden has offered his first remarks on the Hawaii wildfires after facing criticism for not…
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