Why in the time of war we need diplomacy more than ever

Why in this time of war we need diplomacy more than ever

What scope is there for diplomacy to play a more effective role in mediating wars and conflicts? On the occasion of the publication of the 8th edition of Satow’s Diplomatic Practice edited by Ivor Roberts, we bring together four former distinguished diplomats to answer that and related questions.

Argentine dollarisation

Is Dollar Hegemony collapsing? South America as the bellwether

Sonia Ruseler, an Argentine and former CNN world news anchor, observes whether dollar hegemony is waning in South America, where China has become the main trading partner. She argues that while China is a respected trade partner in the region, the US dollar is still the dominant currency and remains so in the foreseeable future.

Is the dollar hegemony collapsing

Is US dollar hegemony ending?

Professor Robert Wade from the LSE analyses the urge for de-dollarisation and why the US dollar hegemony unlikely ends soon. He argues that while people have been forecasting the end of dollar hegemony for over half a century, but large-scale alternatives face huge difficulties, and their emergence will stretch over decades.