Posts Tagged ‘yuan’

News and views from around the web posted to the Wonderland Wire:

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News and views from around the web posted to the Wonderland Wire:

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News and views from around the web posted to the Wonderland Wire:

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News and views from around the web posted to the Wonderland Wire:

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News and views from around the web posted to the Wonderland Wire:

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News and views from around the web posted to the Wonderland Wire:

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News and views from around the web posted to the Wonderland Wire:

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News and views from around the web posted to the Wonderland Wire:

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News and views from around the web posted to the Wonderland Wire:

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News and views from around the web posted to the Wonderland Wire:

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News and views from around the web posted to the Wonderland Wire:

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Russia’s prime minister says it and China ‘is ready to consider using the Russian and Chinese national currencies instead of the dollar in bilateral oil and gas dealings’, Ria Novosti reports.

[picapp src=”e/c/e/7/PM_Putin_visits_1c8f.JPG?adImageId=6149826&imageId=6807371″ width=”500″ height=”407″ /]

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This morning, gold hit a new high nearing $1,070/oz. showing the  U.S. dollar ‘reaching a breaking point’ as it hits another new 14-month low.

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Weeks after Iran officially announced it would replace the U.S. dollar—its value heavily dependent on Middle East oil trading—with euros in its foreign exchange holdings, The Independent Middle East correspondent Robert Fisk’s article, “The Demise of the Dollar,” breaks the story that: “In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the U.S. currency for oil trading” by 2018. I wrote of the alliance between Brazil, Russia, India and China (BRIC) here in June.

Russia Today (RT) reports on Mr. Fisk’s exclusive (3:25):

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Rep. Ron Paul (R-TX) takes questions on the Federal [sic] Reserve, fiat money and U.S. imperialism in the wake of his most recent book, End the Fed, on al Jazeera’s (AJE) “The Riz Khan Show” (22:25):

Part One (10:55):

Part Two (11:30):

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