11 Aug, 2015 09:47 RT Question More live The central bank of China has cut its daily reference rate by 1.9 percent, making its biggest downward adjustment since 1994. The People’s Bank insists Tuesday’s measures are a one-off aimed at reviving faltering exports. The bank’s announcement prompted … [Read more...] about China stages biggest currency devaluation in 20 yrs to revive exports
Declining Rigs and the Rise of Oil
By Jocelynn Smith, Sr. Managing Editor Sovereign Investor. Oil production levels have fallen off a cliff in the U.S. In the latest reported results, total U.S. oil rig count dropped by four last week to 631. Over the past year, total oil rig count has plunged by 914 rigs. That’s a 59% … [Read more...] about Declining Rigs and the Rise of Oil
China wants to have a reserve currency
BATR Realpolitik - James Hall – March 11, 2015 Common wisdom has China as the future model for the Globalist economy. Also, conventional thinking has the Western financial debt created money system as the backbone of the New World Order. The big question is, are both components of the … [Read more...] about China wants to have a reserve currency