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“US is on the slippery slope to economic collapse"
The U.S. dollar-based post WWII phantasmagorical world of never having to pay your debts is coming to a close, states financial journalist Max Kaizer to RT.
Switch away from dollar could bankrupt US economy Celente
Most international trade is done in dollars, but if it is abandoned for another currency, China and other suppliers may no longer want to buy worthless U.S...
BRIC’s look for more diversity in reserve currencies
The worlds major emerging economies – the BRIC nations – are looking at buying each others bonds, and a greater IMF role, to minimize reliance on the U.S. dollar in their talks in Ekaterinburg.
Russia looks to IMF bonds as greenback appeal wanes
The U.S. dollar and U.S. Treasuries declined after Russia said it would buy $10 billion worth of IMF's first-issued bonds, moving out of US debt.
Local US currency strengthens community
Many people call local money issued in a dozen US cities, from East Coast to West Coast, worthless pieces of paper. However, it is not just Monopoly money for the people of Ithaca, New York.
Ditching the Dollar is dangerous
A leading economist claims that Moscow's proposal to ditch the dollar as the world's reserve currency will sink the world economy...
41 the link between Oil and Rouble stability
The Rouble weakened against the Euro -Dollar basket during Monday trade as crude prices after OPEC's decision to maintain output. But a rebound in U.S...
Currency controls
Capital outflows from Russia continue to suggest that banks and companies are shorting the Rouble on a speculative basis...
U.S. recovery aid
Steven Biggar is the Director of Global Equity Research at global ratings agency Standard & Poor's...
Rouble plunge
With Finance Minister Aleksey Kudrin painting a bleak picture on the short-to-mid-term outlook of the Russian economy, and with the rouble continuing its downward spiral, RT spoke with Citibank...
Rouble eases further, with prospect of more to come
The Russian Rouble fell to its lowest level in six years against the dollar after the central bank devalued the currency for a second day...