The U.S. dollar isn’t going to be replaced by China’s yuan as the world’s top reserve currency any time soon, according to HSBC Holding Plc, one of the world’s biggest trade finance banks. “I don’t think the U.S. dollar’s position at this point is anything other that dominant,”
via Bloomberg...
The richest billionaires in the world added a cool $1 trillion to their collective wealth in 2017 with Amazon’s Jeff Bezos raking in the most. New figures from Bloomberg show that the world’s 500 richest people saw their wealth expand this year from $4.4 trillion to more than $5.3 trillion...
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