09/10/2009 | Economia y Finanzas
Dollar Dolor
British paper The Independent reported that Arab states in conjunction with China, Japan, Russia, and France have drafted a secret initiative to oust the U.S. dollar as the oil trade’s recognized currency. The British newspaper detailed that the pricing overhaul was set to take place over the next nine years and would implement a basket of currencies in the dollar’s place—including the Chinese Yuan, the Japanese Yen, and the Euro.
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