Forty years after the United States and its trade adversaries signed the Plaza Accord in New York’s Plaza Hotel to sanction a concerted devaluation of the dollar, the world’s two superpowers ...

The Plaza Accord was a 1985 agreement among the G-5 nations—France, Germany, the United States, the United Kingdom, and Japan—to manipulate exchange rates by depreciating the U.S. dollar ...

The project aims to develop an area dedicated to tourists and mountaineers, complete with accommodation spaces, pools, spas, a restaurant, and a public plaza with views toward the mountain range.