lundi, 19 novembre 2007

IRAN AND VENEZUELA DON’T WANT US DOLLAR ANYMORE

f00aaf1a3de76e26e5a87948f62a4f4f.jpgIranian president Mahmud Ahmadinedschad and Venezuelian president Hugo Chavez are not exactly what one would call friends of the United States of America. At the current OPEC conference in Riyad (Saudi-Arabia), the two declared that they are not longer willing to trade “valuable oil against worthless paper”, meaning the weak green buck which is generally blamed for the sky-rocketing prices of the barrel which traded today around 95 dollars the barrel.

Lire la suite