Dollar Dominance at Risk If Saudi Ends Exclusive Deal to Use Greenback in Oil Trade
In a new blog post, the think tank mulled the prospect that a 1974 accord that mandates Saudi Arabia exclusively use greenbacks when selling its crude oil could come to an end. For 50 years, the “petrodollar” deal has ensured the US dollar’s role as the world’s chief financing and trading currency, the think tank […]
10 Ways to Avoid Crypto Tax in the UK 2024
For those who are self-employed and receive cryptocurrency as payment for services or running a business, it’s necessary to report this income as self-employment income. Keep in mind that you need to maintain records of all transactions and their value in pounds at the time of receipt. This allocation is crucial for understanding the base […]