Nations have reached their limit in subsidizing the United States’ military adventures. During meetings in June 2009 in Yekaterinburg, Russia, world leaders such as China’s President Hu Jintao, his then Russian counterpart Dmitry Medvedev, and…
Tag: US dollar
“The Bretton Woods times institutions are not the right tools to meet the 21 century challenges.” “An agreement to replace the US dollar by own currencies in mutual credit lines is a great achievement of…
When I first entered the floor and learned about oil pricing, it was clear that the cash market, where real barrels of oil were bought and sold, was where pricing was decided. Later, it became…