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.
Tag: global
The following letter of plea in support of Korean people’s just struggle for truth, justice and democracy is fully endorsed by The 4th Media. The 4th Media also joins wonderful friends around the world who’ve voluntarily initiated and worked hard to form the “Alliance of Conscientious People of the World.” In order to make this just effort further globally recognized and practically effective, first of all, The 4th Media, together with its global partners such as Global Research in Canada, nsnbc international in Denmark/Germany, ANSWER Coalition in Washington, DC, and so on, intends to help our Korean brothers and sisters who’ve launched their hard and lonely struggle to fight against the “US-installed ultra-right wing and anti-North regime.”
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