CURRENCY WAR! 40 Countries Buy Yuan & Drop U.S. Dollar!

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Beijing, Seoul agree to direct trade in national currencies
Beijing promotes greater use of its currency overseas
BRICS morphing into anti-dollar alliance
establish an international alliance of countries willing to get rid of the dollar in international trade and refrain from using dollars in their currency reserves
Russian-led 'gas OPEC' may emerge soon
Central banks' investment in yuan puts currency nearer reserve status
At least 40 central banks have invested in the yuan and several others are preparing to do so, putting the mainland currency on the path to reserve status even before full convertibility

Sources:
http://voiceofrussia.com/news/....2014_07_04/Beijing-S
http://voiceofrussia.com/2014_....07_03/BRICS-is-morph
http://voiceofrussia.com/2014_....05_07/Russian-led-ga
http://www.zerohedge.com/news/....2014-04-08/40-centra
http://www.scmp.com/business/b....anking-finance/artic