That title now belongs to China, with ramifications down the road for the dollar as go-to currency for the pricing of tradable goods.

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Headquartered in Haslemere, a bucolic town an hour south of London, Emergent employs 15 people to scour global debt, equity and currency markets for pricing that's gone out of whack with long-term trends.

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If single-pricing is a problem for currency fluctuations, it is a help when negotiating with suppliers.

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They can borrow and lend using the gold-linked currency of denomination, or simply use it as a basis for pricing goods and services.

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All stores will be optimised for the local territories with local language, catalogue, pricing and currency.

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This data package, coupled with the intellectual property that enables appropriate time-delimited monopoly pricing to extract returns over time, is what creates the futures market for their currency.

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Many nations, including Brazil and Argentina, have considered pricing commodities in their local currency, whereas Buenos Aires buyers would not have to pay for Brazilian commodities like oil in dollars.

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