LAURA KNIGHT-JADCZYK AND JOE QUINN
Since the 9/11 attacks, no book has provided a satisfactory answer as to WHY the attacks occurred and who was ultimately responsible for carrying them out - until now.
US General Dempsey: Putin May 'Light a Fire' He Can't Stop in UkraineI could go on and on and on, for hours. Vladimir Putin is perhaps the next Adolf Hitler, maybe Adolf Hitler on steroids. He must have personally shot the Dutch airplane down, too.
Dempsey: Putin's Moves Like 1939 Poland
Putin's voracious appetite is not sated
Putin's Pal [a nasty attack against Stephen Cohen]
Putin's inner circle sheds light on his "sinister, lonely life"
The growing calls to strip Putin and Russia of the 2018 World Cup
Putin's Crime, Europe's Cowardice
Vladimir Putin is responsible for shooting down Malaysia Airlines Flight 17. His next move will matter most of all.
Q. Doesn't the role of the dollar as an international currency create systemic risk?In other words, the head of the French central bank, and ECB member, Christian Noyer, just issued a direct threat to the world's reserve currency (for now), the US Dollar.
Noyer: Beyond [the BNP] case, increased legal risks from the application of U.S. rules to all dollar transactions around the world will encourage a diversification from the dollar. BNP Paribas was the occasion for many observers to remember that there has been a number of sanctions and that there would certainly be others in the future. A movement to diversify the currencies used in international trade is inevitable. Trade between Europe and China does not need to use the dollar and may be read and fully paid in euros or renminbi. Walking towards a multipolar world is the natural monetary policy, since there are several major economic and monetary powerful ensembles. China has decided to develop the renminbi as a settlement currency. The Bank of France was behind the popular ECB-PBOC swap and we have just concluded a memorandum on the creation of a system of offshore renminbi clearing in Paris. We have very strong cooperation with the PBOC in this field. But these changes take time. We must not forget that it took decades after the United States became the world's largest economy for the dollar to replace the British pound as the first international currency. But the phenomenon of U.S. rules expanding to all USD-denominated transactions around the world can have an accelerating effect.