Windows to Russia

Singing the blues will only help instigate the demise of Visa credit cards in Russia… (Reuters) – Visa Inc (V.N), the world’s largest credit and debit card company, said U.S. sanctions on Russia were hurting its card transaction volumes and that revenue growth would slow further this quarter, sending its shares down 5 percent after […]

All those U.S. bonds are priced in dollars and poised to stab the U.S. dollar in the heart, this is exactly what China wants and will do when the time is correct, to those dollars in the future. The act of buying bonds was for political leverage period, that’s the real value of the transaction […]