Zerohedge: Russia and India Consider Bypassing Dollar

July 31, 2014 — In direct responsearticle-1 to increased involvement by the U.S. in Ukraine, Russia’s central bank is working with its Indian counterpart to use national currencies in settlements. This is just another hit to the U.S. dollar as the reserve country to the world.

In related news, Ron Paul analyzes the newly-created relationship between Brazil, Russia, India, China, and South Africa (BRICS). Watch it here.