News and views from around the web posted to the Wonderland Wire:
Posts Tagged ‘euros’
Daily Briefing—2nd June 2010
Posted: 2 June 2010 by Editors in Daily BriefingTags: Baghdad, Bilderberg, Eric Holder, euros, Freedom Flotilla, Gaza blockade, Gitmo, gold, Guantanamo Bay, Gulf oil spill, habeas corpus, IAEA, indefinite detention, Iran, Iraq War, Ireland, Israel, Japan, Justin Raimondo, law, miranda rights, NPT, NY Times, Obama Administration, propaganda, protests, Sami Awad, SCOTUS, William Fisher, Yukio Hatoyama
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Gold Hits Another Record-High, Dollar Hits New Low
Posted: 13 October 2009 by Little Alex in International Affairs, National News, Political ScienceTags: Anchalee Worrachate, banking, central banking, China, Christoph Kind, corporatism, dollar hegemony, economics, economy, euros, Federal Reserve, fiat money, foreign exchange, FOREX, GCC, Gerard Lyons, global economic crisis, gold, gold futures, Gulf Cooperation Council, Japan, libertarian, liberty, market-anarchism, Moming Zhou, monetary policy, Newspeak, oil, OPEC, Robert Fisk, US, US dollar, Ye Xie, yen, yuan
This morning, gold hit a new high nearing $1,070/oz. showing the U.S. dollar ‘reaching a breaking point’ as it hits another new 14-month low.
Dollar Hits All-Time Low Facing Rational ‘Demise’
Posted: 6 October 2009 by Editors in International Affairs, Political ScienceTags: Abu Dhabi, anarchism, anti-Statism, Bahrain, bailout, banking, Brazil, Bretton Woods, BRIC, Camilla Hall, China, corporatism, dollar hegemony, economy, euros, fascism, Federal Reserve, fiat currency, fiat money, France, GCC, Gerald Celente, gold, greenback, Gulf Cooperation Council, India, Iran, Iraq, Iraq War, Japan, Jean-Claude Trichet, Kuwait, libertarian, market-anarchism, Max Keiser, Medvedev, Muhammad al-Jasser, Newspeak, Obama, oil, OPEC, petrodollar warfare, pounds, Qatar, renminbi, Robert Fisk, roubles, Russia, Saddam Hussein, Saudi Arabia, SCO, Shanghai Cooperation Organisation, The Independent, US, US dollar, War, yen, yuan
Weeks after Iran officially announced it would replace the U.S. dollar—its value heavily dependent on Middle East oil trading—with euros in its foreign exchange holdings, The Independent Middle East correspondent Robert Fisk’s article, “The Demise of the Dollar,” breaks the story that: “In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the U.S. currency for oil trading” by 2018. I wrote of the alliance between Brazil, Russia, India and China (BRIC) here in June.
Russia Today (RT) reports on Mr. Fisk’s exclusive (3:25):
Iran Replaces All Dollar Holdings With Euros
Posted: 20 September 2009 by Editors in International Affairs, Political ScienceTags: Ahmadinejad, dollar hegemony, economy, EU, euros, fascism, foreign exchange, FOREX, international banking, Iran, Iranian Oil Bourse, Iranian rial, Iraq War, OPEC, petrodollar warfare, Saddam Hussein, US, US dollar
Iran’s decision to abandon the U.S. dollar from its foreign exchange accounts comes less than 20 months after opening the Iranian Oil Bourse–a commodity exchange devoid of U.S. dollars. Early December 2007, Iran announced that “nearly all” of the world’s 4th largest crude producer’s oil transactions were now being paid in non-U.S. currencies, which President Mahmoud Ahmadinejad has adequately called a “worthless piece of paper”. It was the first oil producer since Iraq under Saddam Hussein to do so. Months later, the U.S. invaded Iraq and overthrew that ‘rogue’.
