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Russia Backs Away From Dollar AGAIN: Shifts $100 Billion To Yuan, Yen, And Euro

Russia Backs Away From Dollar AGAIN: Shifts $100 Billion To Yuan, Yen, And Euro

by Mac Slavo | Jan 10, 2019 | Headline News

Russia is continuing to ramp up its efforts to move away from the American dollar.  The country just shifted $100 billion of its reserves to the yuan, the yen, and the euro in their ongoing effort to ditch the dollar. The Central Bank of Russia has moved further away...
Goldman Sachs: ‘Fiscal Outlook For The US Looks Poised To Go From Bad To Worse’

Goldman Sachs: ‘Fiscal Outlook For The US Looks Poised To Go From Bad To Worse’

by Mac Slavo | Sep 17, 2018 | Headline News

In a new research piece, Goldman Sachs has noted that the “fiscal outlook for both Italy and the United States looks poised to go from bad to worse.” However, the market doesn’t appear to be responding to that prediction.  Why not? Goldman’s Allison Nathan...
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