Is the US dollar in danger?
CNN
The US may have the world's most powerful military, but the dollar is its greatest weapon. Now, after nearly 80 years of dollar dominance, the US might be in danger of losing its global reserve currency status.
About 60% of the $12.8 trillion in global currency reserves are currently held in dollars, giving the US an exorbitant privilege over other countries. And that privilege pays: Because US government debt backed by the dollar is very attractive, interest rates are lower. The US gets to borrow from other countries in its own currency — so if the US dollar loses value, debt does too. American businesses can make international transactions in dollars without having to pay conversion fees.
President Donald Trump has said ICE agents will head to US airports tomorrow amid a partial government shutdown. Follow for live updates
Cuba is working to restore the electricity supply after another island-wide blackout left more than 10 million people without power.
President Donald Trump said Sunday border czar Tom Homan will be in charge of deploying Immigration and Customs Enforcement agents to airports on Monday, with Homan telling CNN the agents will help with security at entrances and exits to ease the Transportation Security Administration’s workload.
Donald Trump wants us to believe that a deal with Cuba is close at hand. After this past week, I am not so sure.
President Donald Trump has said ICE agents will head to US airports tomorrow amid a partial government shutdown. Follow for live updates
President Donald Trump said Sunday border czar Tom Homan will be in charge of deploying Immigration and Customs Enforcement agents to airports on Monday, with Homan telling CNN the agents will assist with security at entrances and exits to ease TSA workload amid a partial government shutdown.
Janet Mills and her allies are counting on a gender gap to narrow Platner’s wide lead ahead of the June 9 primary to decide who will face incumbent Republican Sen. Susan Collins. They are betting that the unfiltered style that has brought Platner widespread attention as someone who could help Democrats reach young men will backfire with women.
Why do people “pledge allegiance” to a “state” that is no longer a state? And what spurs someone to not just attack innocent people, but to then make a statement of loyalty while doing so?
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As a shrinking number of Transportation Security Administration agents work to keep hourslong security lines moving despite not being paid, President Donald Trump stepped into the fray Saturday, announcing he will send Immigration and Customs Enforcement officers to airports by Monday if Congress doesn’t agree to a plan to end the partial government shutdown.
Donald Trump wants us to believe that a deal with Cuba is close at hand. After this past week, I am not so sure.
The search for missing 84-year-old Nancy Guthrie, mother of “Today” show host Savannah Guthrie, has stretched into another anguished week, with mounting pressure on investigators and a family grappling with uncertainty.
Cuba’s Ministry of Energy announced Saturday evening that entire island has suffered another electrical blackout, leaving more than 10 million people without power.