Stories written by Monica Hirst

Trump’s Tariff Tsunami Hits Brazil

By Monica Hirst
Since January 2025, Donald Trump’s second presidency has been focused on securing the global supremacy of the United States. It justifies a package of international coercive and intimidatory measures, accompanied by an aggressive, arrogant rhetoric. Right at the outset, the new administration announced a veritable tsunami of tariffs and immediately implemented them as a sign of its new independence.

The End of Dollar Supremacy

By Monica Hirst and Juan Gabriel Tokatlian
Half a century ago, the dominance of the United States dollar in the international finance and trade system was indisputable. By 1977, the US dollar reached a peak of 85 per cent as the prevailing currency in foreign exchange reserves; in 2001, this position was still around 73 per cent. But today, it is at approximately 58 per cent.
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