Salt River, Cape Town 23 January 2026

growing major economy

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The evolution of the U.S. Dollar: From domestic expansion to global dominance

By Vusuthando Percyvil Dube The United States has emerged as the world's preeminent economic power, with the U.S. dollar serving as the major global currency. This transformation is rooted in a complex interplay of domestic growth and international conflicts, notably three significant wars: the Spanish-American War, World War I, and World War II. Each of these conflicts played a crucial role in redefining America’s global standing and establishing the dollar’s […]

5 December 2024

International

Saudi Arabia tops India as world’s fastest growing major economy

Saudi Arabia has overtaken India as the fastest growing major economy in the world, with it’s non-oil sector growing at the fastest rate in more than one year. The kingdom’s non-oil economy grew an annual 6.2 percent during the fourth quarter of last year, the highest level since the third quarter of 2021, according to the General Authority for Statistics. The oil economy rose 6.1 percent, data released on Tuesday showed. Overall, the […]

1 February 2023

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growing major economy

The evolution of the U.S. Dollar: From domestic expansion to global dominance

Saudi Arabia tops India as world’s fastest growing major economy

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