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Fund Manager Explains Why Dollar's Creeping Global Retreat May Soon Snowball


Moscow has pointed to a "consistent and strong interest" by countries across Europe, Asia and the Middle East to minimize the use of the dollar in trade, saying the issue was on agenda in Russia as well. Austrian economist and fund manager Ronald-Peter Stoferle says this process could lead to profound negative consequences for the US.

Blast Rocks Syria's Afrin, Casualties Reported

The explosion comes just days after a strong bomb blast in the northern city of Afrin, Syria...
Sputnik (English) | 08:14, 23 January 2019 Wednesday

Merkel to Speak at Davos Economic Forum as 'First Step Toward EU Army Made'

The upcoming speech of the German chancellor comes just a day after she and the French President...
Sputnik (English) | 07:52, 23 January 2019 Wednesday

Finland Betting on Russian Mums-to-Be Amid Low Fertility Rates

Since Finnish fertility rates have fallen to an all-time low of 1.49 children per woman,...
Sputnik (English) | 08:00, 23 January 2019 Wednesday

Azealia Banks 'Makes Peace' With Fans After Slamming 'F*cking Ugly' Irish Women

The renowned rapper previously chastised the Irish airline, Aer Lingus, on her Instagram after...
Sputnik (English) | 07:43, 23 January 2019 Wednesday

Italy's Deputy PM Hopes French Voters Won't Choose Macron's Party at EU Election

The ties between the two members of the European Union have become tense amid political rifts...
Sputnik (English) | 07:17, 23 January 2019 Wednesday

Austrian Stakeholder of Nord Stream 2 Hits Back at US Pressure on EU Gas Market

Earlier in January, European companies participating in the venture aimed at building a new route...
Sputnik (English) | 07:08, 23 January 2019 Wednesday

'Frozen' Fairytale: Niagara Falls Partially Freezes Up (PHOTOS, VIDEO)

The natural wonder of Niagara Falls annually turns into an icy spectacle when temperatures plunge...
Sputnik (English) | 07:00, 23 January 2019 Wednesday

NASA Astronaut Fincke Replaces Boe in Crew of Boeing Starliner's Test Flight

MOSCOW (Sputnik) - The US National Aeronautics and Space Administration (NASA) is replacing...
Sputnik (English) | 06:50, 23 January 2019 Wednesday