Currency War Goes HOT as Russia Retaliates Against Economic Warfare!
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former ambassador to the United Nations John Bolton declared that under the president’s ineffective leadership, “the world’s descending into chaos” and if America continues to pull back internationally, "you're going to have anarchy increasing."
Russia Sanctions Accelerate Risk to Dollar Dominance
While no one’s suggesting the dollar will lose its status as the main currency of business any time soon, its dominance is ebbing. The greenback’s share of global reserves has already shrunk to under 61 percent from more than 72 percent in 2001.
Italy Falls Back Into Recession, Raising Concern for Eurozone Economy
Faced with Western sanctions, Moscow resorts to food fight
Sources:
http://www.truthrevolt.org/new....s/john-bolton-worlds
http://www.bloomberg.com/news/....2014-08-06/russia-sa
http://www.nytimes.com/2014/08..../07/business/interna
http://news.yahoo.com/faced-we....stern-sanctions-mosc