October 13 2015 image description
by: John Galt 0 Comments

Anti-Dollar Alliance: Russia, China & Ecuador advance against the global dominance of the U.S. dollar

SFS Policy Report No. 2 — Anti-Dollar Alliance: Russia, China & Ecuador advance against the global dominance of the U.S. dollar addresses an emerging global alliance that is working to undermine the international monetary system.

The report is co-authored by SFS Executive Director Joseph M. Humire, Senior Fellow Fernando Menéndez, and Juan Cordero, which is a pseudonym for an economic analyst and expert on money laundering in Ecuador. Enea Gjoza and SFS International Fellow Evgueni Novikov contributed to this report. After months of study including thorough field research, the co-authors provide the facts showing Quito’s extensive collaboration with strategic partners in Moscow and Beijing to upend the dollar as the world’s dominant reserve currency. Can this new axis of economic warfare against the U.S. succeed in supplanting the dollar through an alternative international financial system?

Download the Full Report (PDF)

April 10 2015 image description
by: jmhumire 0 Comments

Watch Correa, not Castro at Americas summit: Column

As three dozen world leaders meet in Panama, April 10 to 11 for the 7th Summit of the Americas, conventional wisdom is to watch Barack Obama and Raul Castro.

After all, this is Cuba’s first attendance since these summits began in the 1990s. Based on the principles of democracy and free trade, the Organization of American States had excluded Cuba since the Castro regime obviously practices neither. Despite that reality, President Obama is normalizing relations with Havana after more than 50 years.

While most people will focus on Obama and Castro, the man to watch isn’t Barack, 83-year old Raul, nor his 88-year old brother Fidel.

Obama is already something a lame duck, with Republicans controlling Congress and less than two years left in office. And both Castro brothers don’t have much time left. Period.

The man to watch is Ecuador’s Rafael Correa, wherever he might be. He represents the future and his growing influence is more powerful than most think, and now is playing games with the summit, saying he might even boycott…. (more…)