Gazprom Begins Accepting Payment For Oil In Ruble, Yuan
The Nail In The Petrodollar Coffin: Gazprom Begins Accepting Payment For Oil In Ruble, Yuan” – Zero Hedge What worries me most about this Zero Hedge headline is that most Americans have no idea what...
View ArticleData Point: China Docks Navy Destroyer In Iran’s Strait Of Hormuz Port
The rise of the PetroYuan has not been far from our headlines in the last year, with China increasingly leveraging its rise as an economic power and as the most important incremental market for...
View ArticleRussia Discovers Massive Arctic Oil Field
In a dramatic stroke of luck for the Kremlin, this morning there is hardly a person in the world who is happier than Russian president Vladimir Putin because overnight state-run run OAO Rosneft...
View ArticleChina Overtakes U.S. As World’s Largest Economy
Chris Giles at the Financial Times flagged up the change. He also alerted us in April that it was all about to happen. Basically, the method used by the IMF adjusts for purchasing power parity,...
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