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Prof. Michael Hudson has an analysis of the recent financial summit at Yekaterinburg, Russia. It was attended by Russia, China, and other Asian countries. The US was not invited and was told to stay home when they asked to attend. It is all about establishing other currencies in facilitating world trade.
These meetings were held on June 22 and 23. This thoughtful analysis shows that we are now at the end of the American Financial-Military Empire. It's all over but the loud crying.
http://www.michael-hudson.com/articles/globalism/090614De-DollarizationDismantlingEmpire.html