Lawmaker Seeks to Ban U.S. Dollar

Warning that the U.S. dollar is on the brink of collapse, a State Duma lawmaker has submitted legislation to ban dollar deposits and transactions at Russian banks. Mikhail Degtyaryov of the Liberal Democratic Party said the dollar will collapse in 2017 if U.S. national debt continues to grow at the current rate, and he cautioned that countries with a high dependence on the currency would suffer an economic disaster. “In light […]

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Putin topples Obama as world’s most powerful man

Russian President Vladimir Putin has been named the most powerful person in the world by Forbes magazine. The Russian leader moves from third in 2012 to first in this year’s rankings, while US President Barack Obama drops to second place, according to the US business magazine published on Wednesday.   continue reading at thebricspost.com

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Why It's a Mistake to Ignore Russia

“The White House’s decision earlier this month to call off a Moscow summit with Vladimir Putin, but not President Obama’s trip next week to a Putin-hosted meeting of the G-20 in St. Petersburg, occasioned a rare burst of bipartisan agreement. In Washington, there’s a spreading trope that the Russian leader is making himself irrelevant and […]

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