From my understanding, a lot of the headbanging has been converging at the International Monetary Fund and how to progress with a global monetary
policy standard. The SDR was one option that was being considered by establishing a global currency unit from a pool of currencies, but lately it
looks like the US is riding this one alone. Military, trade and oil policy all sound to be in the mix and making progress towards common global
standards difficult as national interests are a high priority at these level of discussions.
The dominance and shakiness of the USD is helping the Sino-Russia-S.America alliance as these nations wish to minimize their fallout should the US
government default on its debt. The BRIC nations, Brazil, Russia, India and China is another commonly used term to describe this alliance and will
help your research on this matter.
edit on 7-1-2013 by kwakakev because: Added part about BRIC