A potential currency swap with the U.S. may be less about financial distress and more about signaling status in the global dollar system.
The country has been chafing under the cartel’s crude oil production limits.
Leaked documents obtained by the BBC show the United Arab Emirates, a major fossil fuel producer, was looking to strike oil deals at COP28.
This morning, David Brancaccio reported on consumer confidence in Egypt, as well as in the region at large. He mentioned the Gold-To-Go ATM in A…
