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06.10.2009, 20:53 3 comments

“No single currency will replace the dollar”

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

15.04.2009, 00:34

Creditors nations fret on U.S. budget

The U.S. budget deficit is raising concerns among creditors, with Russian Finance Minister, Aleksey Kudrin, expecting the recession to last 18 months with no progress on cutting the budget deficit for at least 3 years.

18.12.2008, 14:12

Rouble in the spotlight

RT’s Spotlight has interviewed Aleksey Ulyukaev, Deputy Chairman of the Central Bank. He spoke to RT in detail about what will happen to the Russian currency in the near future.

26.03.2009, 17:23

Reserve currencies and the Russian budget

Amidst calls for a move away from the use of the U.S. dollar as an international reserve currency RT spoke with Elina Ribakova, Chief Economist at Citibank for her thoughts, and also the outlook for the Russian budget.

10.03.2010, 10:55

Customs Union eyes single currency

Since the launch of the customs union with Belarus and Kazakhstan, Russia has toyed with the idea of taking the common market one step further - with a single currency.

RIA Novosti / Grigoriy Sysoev, STF 27.04.2010, 16:04

Rouble signals mixed as strengthening concerns mount

With the Russian Rouble holding at about 29 to the US dollar, analysts are wary about its likely future movements, with concern mounting about the impact of a rising Rouble on manufacturers.

RIA Novosti / Aleksey Kudenko, STF 09.09.2010, 17:15

Long haul to rouble prominence

The Russian Rouble has a long way to go before become an internationally reserve currency, but it is beginning the long road to increased global use.

11.10.2011, 19:01

Historama, October 11

Darkest pages of Russia’s economy are recalled in tonight’s Historama.

22.10.2010, 01:17 6 comments

Chinese economic model replacing Washington consensus

China’s rate of development on a global scale is moving faster and more consistently the other nations. Should the world take note of the Chinese economic system?

13.07.2010, 08:13 27 comments

Euro for Estonia: ready or not, here it comes

Estonia is less than six months away from joining the Euro, but instead of seeing gold, many in the country are expressing concerns.

No immediate alternative for dollar, but it will fade in long term

Published: 13 October, 2009, 17:34
Edited: 18 October, 2009, 05:41


In the next few decades countries will be managing national currencies against those of their key trade partners, rather than with the dollar, expects Dr Gerard Lyons, Chief Economist at Standard Chartered Bank.

 
1 COMMENT
007 October 17, 2009, 16:43 quote
0

Its so hypocritical because it exactly what these bankers are up to, they trying to replace the Dollar with the Euro, that is what this financial crisis is all about and it’s the reason the USA is a total mess, these cretins sold it. So if they said, no, don’t do that because its exactly what we trying to do, it would be more accurate. And this other garbage they keep saying, it takes a long time to become a reserve currency, rubbish, it simply takes consensus, so if the BRICs, Africa and the Arabs said, lets do it, it takes 2 months, and a new international currency does not need total consensus. The Earth would spin just fine without UK’s Rothschild and his criminal international bankers. That China and Russia could never do it because they hold too many dollars, what absolute garbage, if you have a global currency that does not matter. Why, because it’s a journal entry, we put 3 trillion next to China’s name in BRIClets and say to the USA, you are now debt free… DONE! Now China uses BRIClets to buy gas from Russia, invest in Africa, and buy oil from the Arabs, what difference does it make? So lets say it as it really is, there is a group of international bankers causing misery and destroying our planet because THEY don’t want to lose their precious banking empire. They criminals, and they used Hitler to install the Dollar as the reserve currency in the first place, yes WWII was not about people that just didn’t like each other, it was how they switched from the pound to the dollar and forced countries to accept it, and this is precisely what they up to again! We are all being sold out to these evil bankers… again!

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