Chinese embassy spokesperson urges U.S. to "show sincerity" and "take concrete actions to create the conditions and atmosphere needed for communication."
The court ordered "that the trial court shall forthwith conduct such proceedings as appropriate to resolve" the signature verification allegations raised by Lake.
Hillary Clinton criticizes House Republicans for using the debt ceiling as a political weapon, warning that it undermines the U.S.'s global credibility and plays into the hands of adversaries like Vladimir Putin and Xi Jinping, and warns of the potential danger of playing games with the debt ceiling to the U.S. dollar's pre-eminent position in the global economy.
"The dollar suffered a stunning collapse in 2022 in its market share as a reserve currency, presumably due to its muscular use of sanctions," says CEO and co-CIO of Eurizon SLJ Capital.
"There is risk when we use financial sanctions that are linked to the role of the dollar that over time it could undermine the hegemony of the dollar," Yellen said, adding that implementing sanctions against Russia "does create a desire on the part of China, of Russia, of Iran to find an alternative."
The Chinese yuan has surpassed the U.S. dollar in trading volume on the Moscow Exchange due to Russia moving away from transacting in the currencies of "unfriendly" countries amidst sanctions.
The Pentagon is investigating the leak of classified American and NATO plans to bolster the Ukrainian military ahead of a planned offensive against Russian troops.
