Tag Archives: currency

Iran Trading Oil In Euros

will the U.S. petro dollar collapse? Russia, China, Iran, Venezuala and Bolivia are lining up tp trade oil in euros or rubles reducing demand for the dollar. http://www.globalresearch.ca/index.php?context=viewArticle&code=KIM20060521&articleId=2486 china is just going to diversify more towards the euro and yuan. There is no doubt that the US dollar is in a precarious position. China, alone, [...]