Financial News

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 »

Huge Blow Coming To The Petrodollar Both Russia and China have been increasingly vocal about having the U.S. dollar replaced as the world’s reserve currency, or at least having additional currencies added to... Read More »

Russia and China unite to fight against the dollar as the main reserve currency. It seems that even vanishing planes and Justin Bieber cannot keep Russia out of the headlines. Fresh off of... Read More »

The U.S. economy is still too weak to stand on it’s own and the Fed knows it. Federal Reserve chairman, Ben Bernanke, recently announced that the Fed would begin tapering of its billion-dollar... Read More »

The U.S. dollar has been the world’s strongest currency for decades. Recently, however, this exalted position has shown signs of weakening. A disturbing national debt situation and a sputtering economic recovery are the... Read More »

The recent government shutdown and debt crisis in the United States was not only frustrating for Americans, but for the rest of the world as well. According to the Washington Post, China went... Read More »