WASHINGTON, Dec. 24 (UPI) -- The U.S. dollar's drop is having a ripple effect worldwide, being blamed for labor strife in the Middle East and job losses in Europe.
When it was strong before 2000, the U.S. dollar allowed Americans to gobble up foreign goods cheaply and it provided worldwide economic clout, The Washington Post reported Monday. Now, though, economists said the weakened dollar is having a diminishing effect abroad.