Hdeel Abdelhady was quoted in American Banker, on Russia and Brics nations’ efforts to develop U.S. dollar cross-border payments alternatives, including considering U.S. sanctions. The article, BRICS vs. Swift: Russia spearheads payments plan to guard against U.S. sanctions, is available here.
For more on the links between U.S. dollar dominance and sanctions, see:
- Hdeel Abdelhady, A Great BRIC Wall? Emerging Trade and Finance Channels Could Curtail the Reach of U.S. Law, MassPoint PLLC.
- Hdeel Abdelhady, Reimposed U.S. anti-Iran sanctions leverage American economic power, Reuters.
- U.S. Ratchets up sanctions on Iran and North Korea, NPR (with Hdeel Abdelhady)