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European Central Bank Introduces Negative Interest Rates

This month, the European Central Bank (ECB) has made a number of moves designed to stimulate the continent’s economy, including the introduction of negative interest rates. According to the BBC, the ECB is... Read More »

How Russia-China Deals Will Affect the Dollar

Russia’s conflict with Ukraine has dominated the news recently, but it is Russia’s economic deals that should be garnering more attention. The Kremlin has made it very clear that they are interested in... Read More »

China and Russia Continue De-Dollarization With Latest Deal

Vladimir Putin is in China and apparently he had a very busy first day. ZeroHedge.com is reporting that VTB, Russia’s second largest bank, has signed a deal with Bank of China which includes... Read More »
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Russia Moving Towards De-Dollarization

There have been an increasing number of reports that Russia has been pushing hard for its allies, and the world, to move away from the U.S. dollar as the world’s reserve currency and... Read More »

People’s Bank of China Starts Yuan-Denominated Gold & Oil Futures Trading

The U.S. dollar has dominated as the world’s reserve currency for so long that some experts feel that it may never be challenged. Other world powers like China and Russia, however, have not... Read More »

Russian Oil Deal with Iran

The recent fears regarding the world moving on without the petrodollar received even more justification this past week as Russia announced a multi-billion dollar oil-for-goods deal with Iran. By developing the deal without... Read More »
 

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