Expert Comment: Is the dollar’s dominance crumbling?

Published on November 3, 2025

Dennis Snower, International Research fellow at the University of Oxford's Saïd Business School and Professorial Research Fellow at The Institute for New Economic Thinking at the Oxford Martin School, explores whether the US dollar's dominance as the world's reserve currency is at risk, and, if so, whether its fall could trigger a financial tsunami. 
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An international team of scientists, led by the University of Oxford, has achieved a world-first by creating plasma 'fireballs' using the Super Proton Synchrotron accelerator at CERN, Geneva, to study the stability of plasma jets emanating from blazars. The results, published in PNAS, could shed new light on a long-standing mystery about the Universe’s hidden magnetic fields and missing gamma rays

Two Oxford researchers selected for a 2025 Schmidt Sciences AI2050 Research Fellowship

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