• Fri, December 27, 2024

by: Forbes

How Long Will US Energy Sector, And Government, Survive A High Dollar

Major US stakeholders historically loved a strong dollar. This is changing as the high dollar is forcing foreign governments to sell bonds, increasing rates the US pays.

by: Mediaite

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by: Yahoo

Dear Democrats: I survived the Biden administration. You'll survive Trump. | Opinion

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by: nysfocus

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by: WLRN

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by: MSN

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by: MSN

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by: MSN

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by: MSN

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Also: something characterized as likely to lead to such deterioration." Oxford University Press continues: Our experts noticed that 'brain rot' gained new prominence this year as a term used to capture concerns about the impact of consuming excessive amounts of low-quality online content,

by: MSN

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by: MSN

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by: MSN

How Radical Nationalists Infiltrated Russia's Police and Politics

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Utah taking targeted approach on illegal immigration, Venezuelan prison gang violence

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by: MSN

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by: MSN

If You Ride Public Land, You Should Have to Buy a License

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Top 10 stories that shaped Georgia politics and policy in 2024, a swing state year for the ages

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by: MSN

Assam: Villagers forced to use pond and stream water as Jal Jeevan Mission fails in Bokakhat

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by: MSN

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by: MSN

Starmer smothering Britain in red tape as Labour found to have established new quango every week since election win

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by: MSN

Councils can't make halal certification a 'must' for licence renewal, says Nga

by: MSN

How Manmohan Singh revitalised India's economy and global standing

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by: MSN

Manmohan Singh, Indian ex-PM and architect of economic reform, dies at 92

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by: MSN

Government 'committed' to banning trail hunting

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How Long Will US Energy Sector, And Government, Survive A High Dollar

Major US stakeholders historically loved a strong dollar. This is changing as the high dollar is forcing foreign governments to sell bonds, increasing rates the US pays.
The article by Mark LeDain for Forbes, published on December 26, 2024, discusses the potential impacts of a persistently high U.S. dollar on the American energy sector and government finances. It explores how a strong dollar affects energy exports, making them less competitive globally, which could lead to reduced revenues for energy companies. This scenario might force these companies to cut back on investments or seek cost reductions. Additionally, the article examines the implications for the U.S. government, noting that a high dollar could decrease the cost of imported goods, potentially lowering inflation but also reducing the competitiveness of U.S. exports. This could lead to a decrease in tax revenues from exports, impacting government budgets. The piece also touches on the broader economic effects, including potential job losses in the energy sector and the government's fiscal strategies to manage these challenges, such as adjusting monetary policies or seeking alternative revenue sources.

Read the Full Forbes Article at:
https://www.forbes.com/sites/markledain/2024/12/26/how-long-will-us-energy-sector-and-government-survive-a-high-dollar/