IE: US faith in the stability of the dollar will be tested
Rumours of the death of the dollar are exaggerated, but only for now, writes the author of the article for The New Indian Express. The problems with the American currency are increasing, and the cause of this is Washington itself. Ultimately, the US will overplay their hand and lose their political prestige.
At the moment, there is no doubt in the US about the stability of the dollar as a reserve currency. However, considering the country's economic, political, and social problems, this faith will be put to the test.
To paraphrase Mark Twain's famous joke, rumours of the death of the dollar are exaggerated, although its health problems are increasing.
The problems with the dollar are mainly caused by Americans themselves. The unrestrained fiscal and monetary policies of the US - with a budget deficit and government debt at 7% and over 100% of GDP respectively - have reduced the dollar's long-term purchasing power. Since 1972, it has fallen by 99% against gold and lost 90% of its purchasing power in the market for real goods and services.
American politicians have always sought to use the dollar as a weapon to achieve their own goals, thereby compensating for economic weaknesses, such as lack of competitiveness. The US has sought to exclude foreign entities from international payment systems, such as SWIFT.
Washington imposes secondary sanctions to punish individuals and organisations that are not even under US jurisdiction. If a Russian company is under sanctions, anyone doing business with it may be subject to legal action, even if they comply with their own country's laws. This is done through a questionable system of dollar transactions that only pass through the US banking system. International banks and others have already faced legal action for operations that are legal in their own country. The threats are sufficient to disrupt dealings with organisations under US sanctions.
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Ukrainian forces have begun training and testing exoskeletons for battlefield use. Soldiers from the 147th Separate Artillery Brigade are using them in the Pokrovsk sector for both logistics and frontline operations. The goal is to reduce physical strain, especially when loading heavy artillery shells into howitzers without automatic loaders. Artillery crews can handle up to 1200 kg of ammunition per day, and early tests show that exoskeletons help them work faster and with less fatigue Above all, by improving the conditions for those soldiers on the front lines who handle such heavy loads, plus the stress of work. Seeking to reduce overall fatigue in the troops
🇺🇸🇮🇷🇮🇱 - WAR IN IRAN | APRIL 5th, DAY 37 RECAP:
🇺🇸🇮🇷 - The NYT reports that during the operation in Iran, two U.S. transport aircraft intended to carry the airmen were disabled and abandoned, then blown up. Two MC-130J Combat King II rescue aircraft and four MH-6 Little Bird helicopters were deliberately destroyed by U.S. forces during the search and rescue mission in Iran, according to ABC News, citing U.S. officials.
🇮🇷🇦🇪 - Several fires have broken out at Abu Dhabi’s Borouge petrochemicals factory, with damage currently being assessed following an Iranian missile and drone attack. This comes less than 24 hours after Israel struck Iran’s largest petrochemical facility.
🇮🇷🇮🇱 - An Iranian ballistic missile impacted the Neot Hovav industrial zone near Beersheba in the first wave, the third time this industrial zone has been hit during the war.
🇺🇸🇮🇷 - "Tuesday will be Power Plant Day and Bridge Day, all wrapped up in one, in Iran. ...
F15E SHOOTDOWN AND CSAR OPERATION — FULL VERIFIED BREAKDOWN
APRIL 3 — THE SHOOTDOWN
F15E from the 494th Fighter Squadron out of RAF Lakenheath is hit over southwestern Iran.
Crash site confirmed in Kohgiluyeh and Boyer Ahmad Province near Dehdasht.
Wreckage includes ACES II ejection seat and tail section matching the squadron.
Cause
Iran claims it used a new IRGC air defense system.
Exact weapon system remains unconfirmed.
HOUR 0
Both crew eject.
Pilot activates survival radio and PRD immediately.
Contact established with U.S. aircraft overhead.
Pilot recovered within hours.
WSO lands separately in mountainous terrain.
WSO beacon briefly detected by satellites, then goes silent.
Reason unknown.
HOURS 1 TO 12
WSO begins evasion using SERE training.
Maintains intermittent encrypted communication with U.S. forces.
IRGC launches large scale search operation.
Iranian state TV urges civilians to report or capture the pilot.
Rewards up to $60,000 reported.
Public messaging includes calls to shoot on sight.
HOURS 12 TO 24
WSO moves into high ...
🌆 Market News Digest
April 5, 2026 EST
🔥 Top Stories
• Iranian missile strikes escalate in Israel and Lebanon amid US threats — Iran retaliates with missile attacks; US warns of targeting Iran’s energy infrastructure.
• Iran demands ships pay fees in crypto or yuan to transit Strait of Hormuz — Rising tensions threaten global oil supply.
• Trump warns Iran of destruction if no deal by Tuesday — US President sets aggressive deadline, threatening to target Iranian infrastructure.
• Bitcoin hits $67,000 on Easter, up 80% YTD amid Middle East turmoil — Crypto markets react to geopolitical instability.
• OPEC+ plans to unwind 206K barrels/day in May, citing energy supply concerns — Market anticipates potential oil price fluctuations.
⛽ Oil & Energy
• Oil surges over 80% YTD on Iran tensions, with prices above $108 — Traders eye supply disruptions.
• Iranian energy minister reports surplus electricity, despite attacks — Iran maintains energy stability amid conflict.
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