The Biggest Threat To Dollar Dominance

Diverse Paper Currency, Coins, Line Graph

(Oilprice.com – Irina Slav – November 12, 2018) Russian oil exporters are pressuring Western commodity traders to pay for Russian crude in euros and not dollars as Washington prepares more sanctions for the 2014 annexation of Crimea by Moscow, Reuters reported last week, citing as many as seven industry sources. While it may have come as a surprise to the […]

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NEWSWATCH: “Russia Uses Its Oil Giant, Rosneft, as a Foreign Policy Tool” – New York Times/ Clifford Krauss

File Photo of Rosneft and Russian Flags Next to Rosneft Banner

“Russia is increasingly wielding oil as a geopolitical tool, spreading … influence … and challenging the interests of the United States. … Moscow risks running into trouble … lend[ing] money and mak[ing] deals in turbulent economies and shaky political climates. The strategy faces a crucial test this week in Venezuela, a Russian ally that must come up with a billion dollars to avert […]

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NEWSLINK: Chavez’s death puts under threat Russia’s position in Latin America

Venezuela Map

[Chavez’s death puts under threat Russia’s position in Latin America – ITAR-TASS – March 7, 2013 – http://www.itar-tass.com/en/c142/669826.html] ITAR-TASS takes a look at Russian press coverage of the death of Venezuelan strong-man Huge Chavez, and the impact upon Russian interests: The Russian newspapers publish broad comments on possible consequences of the death of Venezuelan President Hugo Chavez. According to some […]

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