JNN 10 JUNE 3014 Moscow : Russia will start settling more contracts in Asian currencies, especially the yuan, in order to lessen its dependence on the dollar market, and because of Western-led sanctions that could freeze funds at any moment. Continue reading
Tag Archives: Dollar
Russia threatens replacing Dollar with Ruble in Trade
JNN 29 May 2014 Moscow : Russia’s Prime Minister Dmitry Medvedev has threatened to replace US dollar with Russian ruble as its currency for global trade, citing US-led Western sanctions against Moscow over Ukraine tensions. Continue reading
Chinese Renminbi launches economic war against US Dollar
JNN 05 Mar 2011 : In a surprising turn of events, today’s biggest piece of news received a mere two paragraph blurb on Reuters, and was thoroughly ignored by the broader media. An announcement appeared shortly after midnight on the website of the People’s Bank of China. Continue reading
US, China closer to trade war
JNN 10 Feb 2011 : US lawmakers say they are pushing for a legislation that would punish China for allegedly manipulating its currency. Continue reading US, China closer to trade war
JNN 10 Feb 2011 : US lawmakers say they are pushing for a legislation that would punish China for allegedly manipulating its currency. Continue reading 
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