It’s time to think about the prospects of creating a currency union between Russia, Belarus and Kazakhstan, President Vladimir Putin has said. “We think the time has come to talk about the possibility to form a currency union in the future,” Putin said Friday at a meeting with his Kazakh and Belarusian counterparts Nursultan Nazarbaev and Aleksandr Lukashenko in Astana. It’s easier to protect... 

S&P on Monday downgraded Russia’s credit grade to junk status. Rating agency Standard & Poor’s downgraded Russia’s credit rating to the speculative BB+ grade from BBB-. Analysts say that the decision of the rating agency was politically motivated. The speculative level means that securities that a BB+ state issues can only be good for short-term transactions to earn on their... 

China and Russia have effectively switched to domestic currencies in trading using financial tools as swaps and forwards, as they seek to reduce the influence of the US dollar and foreign exchange risks. The agreement signed in the end of October comes into force Monday, December 29, and provides a currency swap of CNY150 billion (up to US$25 billion). The country’s Foreign Exchange Trade System... 

This brand new story excerpted below from Silver Doctors is hard-hitting and straight to the point, the story is called “Checkmate: Is Russia Selling Oil For Gold?” The 1st paragraph from the story warns us clearly: “This is called ‘checkmate’, “the game is over.” The new videos below from Elite NWO Agenda with Jim Rogers in the 1st video, corbettreport in the 2nd and Newsy World in... 

A chilling report published today by the Ministry of Economic Development (MED) is warning of potentially “catastrophic unknown consequences” relating to President Putin’s issuance to the Central Bank of Russia (CBR) of orders to initiate what is commonly known within the Kremlin as the “Samson Defense” designed to crash the Russian ruble, while at the same time insuring the economic collapse... 

For the first time in five years Standard & Poor’s has cut Russia’s credit rating to ‘BBB-‘, just above junk status. It warns the tension in Ukraine and ‘significant’ capital outflow could mean another downgrade. Moscow says it is “politically motivated.” “In our view, the tense geopolitical situation between Russia and Ukraine could see additional... 

Despite the fact that the weakening of the ruble has been predicted since late 2013, the rapid devaluation of the Russian currency is now associated with political instability in Ukraine. Pravda.Ru asked experts whether the Ukrainian revolution and instability adversely affected the ruble and whether we should fear further deterioration of the situation in Ukraine. Since the beginning of the year... 

Fears of bank runs have escalated with the news that Russian lender ‘My Bank’ has banned all cash withdrawals until next week. “Bloomberg reports that ‘My Bank’ – one of Russia’s top 200 lenders by assets – has introduced a complete ban on cash withdrawals until next week. While the Ruble has been losing ground rapidly recently, we suspect few have been expecting bank runs in Russia.... 

The state secretary of the Union State of Belarus and Russia Pavel Borodin on Friday argued that a new Soviet Union is likely to come into being by 2017 as the result of the emergent customs union of Belarus, Russia and Kazakhstan The state secretary of the Union State of Belarus and Russia Pavel Borodin on Friday argued that a new Soviet Union is likely to come into being by 2017 as the result of...