Unusual remarks and actions by the outgoing head of the Bank of England and other central banking insiders strongly suggest that there is a very ugly scenario in the works to end the role of the US dollar as world reserve currency.
The G-20 summit is traditionally one of the most iconic world events, to which everyone’s attention is riveted. From November 30 to December 1, this global forum will be held in the capital of Argentina - Buenos Aires.
The Russian government has recently announced it will issue nearly $1 billion equivalent in state bonds, but denominated not in US dollars as is mostly the case. Rather it will be the first sale of Russian bonds in China’s yuan.
The Peoples’ Bank of China has just announced a payment-versus-payment (PVP) system for Russian ruble and Chine
Greece is in a terrible situation. In a way it is worse than a military occupation, because with a military occupation you see your enemy and everything is clear, you know against whom to struggle.