Tag Archives: G20

RUSSIA: CIRCUMVENTING US AND EU SANCTIONS?

Russia is a self-sufficient and self-reliant country at the moment.  Sanctions imposed on Russia by the US and the EU will not have permanent teeth.  The West seems to be suffering from a bad case of amnesia because the last time I researched the forex report, Russia had surpassed all EU G7 members with exception [...]

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BRICS IN THE G7 WALL

The emergence of BRICS (Brazil, Russia, India, China, and South Africa) has resulted in tremendous consternation for the G-7 alliance.  Why?  It all broils down to the monetary position of each alliance.  Currently, four of the five economies have foreign exchange reserves surpassing the combined foreign exchange reserves of the G-7(Canada, France, Germany, Italy, Japan, [...]

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