Russia’s Dollar Exit Takes Major New Step

For some time both China and the Russian Federation have understood, as do other nations, that the role of the US dollar as the world’s major reserve currency is their economic Achilles Heel. So long as Washington and Wall Street control the dollar, and so long as the bulk of world trade requires dollars for settlement, central banks like those of Russia and China are forced to stockpile dollars in the form of “safe” US Treasury debt, Continue reading

Anonymous hacks Swedish govt emails over seizure of Pirate Bay servers

Swedish government email accounts have been hacked by the Anonymous hacktivist group, in response to last week’s seizure of The Pirate Bay servers by Swedish police. Continue reading