Rise of the Petro Yuan: End of US Dollar

How the Chinese currency is replacing the U.S. Dollar in global oil markets History is being written in the East. As the U.S. stays distracted with stone age warriors in Central Asia and the Middle East, the last platform of the American economic foundation, the U.S. Dollar’s currency reserve status, is being underminded by their trade partners in Asia. Both Australia and Japan are set to start direct-trading in Chinese currency and they are not the only ones. There are almost 20 countries whom have currency swaps in place with China all in order to side-step the U.S. Dollar in global trade.

Bolivia to Sue US for Crimes against Humanity

  Bolivian President Evo Morales has decided to file a lawsuit against the US government for crimes against humanity, censuring its violation of international law. “I would like to announce that we are preparing a…

Russia Pressured to Pass UN Resolution on Syria Allowing the US Military Force

The US is pushing Russia into approving a UN resolution that would allow for military intervention in Syria, in exchange for American support of Syria’s accession to OPCW, Russian Foreign Minister Sergey Lavrov has said. “Our American partners are starting to blackmail us: ‘If Russia does not support a resolution under Chapter 7, then we will withdraw our support for Syria’s entry into the Organization for the Prohibition of Chemical Weapons (OPCW). This is a complete departure from what I agreed with Secretary of State John Kerry’,” Russian Foreign Minister Sergey Lavrov told Channel 1’s Sunday Time program. Chapter 7 of the UN charter would allow for potential military intervention in Syria.