Finance News

Sanctions & the Dollar: A Fall From Grace? : By Conn M. Hallinan

August 27, 2014 "ICH" –  The recent round of sanctions aimed at Moscow over the crisis in the Ukraine could backfire on Washington by accelerating a move away from the dollar as the world’s reserve currency. While in the short run American actions against Russia’s oil and gas industry will inflict economic pain on Moscow, in the long run the …

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The Halal Guys: Cashing In on Street Cred – By: ALEX VADUKUL

Some empires are managed from a distance: in corner offices, from cellphones on beaches, under palm fronds while being fanned by servants. The Halal Guys attracting a crowd, and a tourist, Camille Panzera of Brazil.CreditDave Sanders for The New York Times Hesham Hegazy, the general manager of the Midtown street-food empire the Halal Guys, prefers sitting by a window at …

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Russia Is Abandoning The US Dollar : By Michael Snyder

June 11, 2014 "ICH" – The Russians are actually making a move against the petrodollar.  It appears that they are quite serious about their de-dollarization strategy.  The largest natural gas producer on the planet, Gazprom, has signed agreements with some of their biggest customers to switch payments for natural gas from U.S. dollars to euros.  And Gazprom would have never …

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