Wednesday, August 6, 2014

2014-08-06 Cold War 2.0 as a currency war

===2014-08-06 Cold War 2.0 as a currency war===
Finally, Russia Today gets to the point...
What started as a dispute over the downing of the Malesian passenger plane, and continued as sanctions and counter sanctions, is now evaluated based on the impact on currencies...
Unintended consequences: Sanctions on Russia may hurt US dollar dominance
rt.com
The US dollar, the dominant global currency since 1944, may lose some of its luster due to the American-led sanctions against Russia over the turmoil in Ukraine. The greenback has been...
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