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breakingnews
07.10.2009, 00:56
5 comments
A report in the UK’s Independent newspaper says Brazil, China, Russia, Japan and the Gulf states plan to stop using the dollar in oil trading. The newspaper claims the countries have been in secret talks on the matter.
16.03.2009, 23:22
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. trade to a 2 month high has an upside for the Russian currency.
19.06.2010, 03:15
6 comments
The G-20 summit takes place in Canada next week, but spats between the United States and China over currency concerns are already taking place.
06.10.2009, 20:53
3 comments
A switch from using the dollar as a world currency could hurt countries whose assets are mostly in dollars, says Ronald Smith, head of research at Alfa-Bank
13.07.2010, 08:13
27 comments
Estonia is less than six months away from joining the Euro, but instead of seeing gold, many in the country are expressing concerns.
27.07.2009, 10:12
5 comments
In 2008 Russia’s rich almost doubled their transfers abroad compared to the previous year with overall investment into foreign economies totaling $25.6 billion.
17.09.2009, 18:59
1 comment
With key figures reporting to the Duma this week on the outlook for the Russian economy and finance system, Business RT spoke with Nikolay Kascheev, Head of Treasury and Financial Markets Research at Sberbank.
05.03.2010, 18:51
2 comments
First Deputy Prime Minister Igor Shuvalov has suggested that that a currency union between Russia, Kazakhstan and Belarus would be "the next logical step."
19.03.2010, 19:06
2 comments
Oil prices holding at above $70/bbl mean Russia is enjoying strong energy revenues and boosting its current account surplus. But that might not help the economy.
18.05.2009, 10:37
1 comment
The 16 Nation Eurozone economy shrank 2.5% in the first three months of this year. Most nations see the single currency as a prop in the crisis, and many others want to join, with the Czech republic undecided.
Published: 08 October, 2009, 12:51
Edited: 08 October, 2009, 18:02
The US dollar fell to its lowest point in 52 weeks, after Robert Fisk’s report suggested it could be dumped as the top currency for oil trade. Though some have strongly denied his claim, Fisk told RT it was expected.
It is not like it is a big secret anymore. The whole plan to devalue and replace the dollar was outlined on the CNBC TV video "Future of the Dollar" Friday, September 25, 2009 5:41 A.M. Go to the CNBC US website, and you will see Jim Richards of Omnis Scientific Consultants tell you how the Federal Reserve Bank & G-20 has decided to devalue the dollar by 50% so as to be able to deal with the US National debt, by cutting it in half with planned inflation. New, phony IMF money will be used in international trade. Whatever the Federal Reserve Bank wants, the Federal Reserve Bank gets. Even the US Congress doesn't dare audit the Federal Reserve, even though the vast majority of the American people want an audit. They wish to find out where their stolen tax money, used to bailout failed banks, actually went. Few people know that the Federal Reserve is not actually a part of the government. The last US President that tried to diminish their control of the US currency got his head blown apart, JFK. If you doubt what I say, watch the interview video on the CNBC website. Type 'dollar' into the search box, and go way, way down the list until you get to Sept. 25, 2009 5:41 A.M. The video is 6 minutes long. It is all there, see for yourself !