How the US dollar came to dominate the world
From Colombia to Vietnam and beyond, the US dollar is the currency in which much of international business is conducted, and which many people outside the US use as a means of exchange and a store of value. So how did a country with just over 4 percent of the world’s population come to dominate global banking and trade? When the position of the US dollar as the linchpin of global commerce was confirmed at the end of the Second World War, not everyone was happy with this state of affairs: the Fre
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How the US dollar came to dominate the world
Welcome to the program. I'm your host.
Welcome to the program. I'm your host.
0:00Today we look at the major stories shaping the news cycle.
Today we look at the major stories shaping the news cycle.
0:04We start in Europe, where leaders met in Brussels.
We start in Europe, where leaders met in Brussels.
0:09The summit focused on energy policy and migration.
The summit focused on energy policy and migration.
0:14Reporting from the ground, our correspondent has more.
Reporting from the ground, our correspondent has more.
0:19Thank you. The mood here was tense but constructive.
Thank you. The mood here was tense but constructive.
0:24