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The demise of the dollar and the rise of gold

In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf

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The demise of the dollar and the rise of gold

Gulf Arab States: Oil Producers Deny Dollar Dump

Gulf Arab States and Russia deny plans to dump the U.S. dollar as the currency for oil trading. The Russian deputy finance minister, Dmtry Pankin, said there was no discussion of giving up the USD for a basket of currencies. Saudi’s central bank chief said the reports are “absolutely incorrect.” Gulf Arab States  Converting oil purchases to non-dollar purchases is hot news. There are abundant statements from world leaders to make the effort believable: Russia has in the past

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Gulf Arab States: Oil Producers Deny Dollar Dump

Coffee in the Morning

I need coffee in the morning; it is not exactly an option. I’ve been known to chew coffee beans to wake up enough to remember how to use the coffee pot. My one true talent is sleeping, but this talent does not include waking up. I rarely make my own coffee, thankfully, the munchkins at work make it for me. Since neither drinks coffee, they don’t mind making it strong enough to induce heart tremors. Wonderful! Coffee should not only have a flavor, it should be felt in the chest. Sadly, I think

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Coffee in the Morning

Senate Panel Kills Government Healthcare Plan

“In a long-anticipated showdown, liberal Democrats twice failed on Tuesday to inject a government-run insurance option into sweeping healthcare legislation taking shape in the Senate, despite bipartisan agreement that private insurers must change their ways. The two votes marked a victory for Montana Democrat Max Baucus, the Senate Finance Committee chairman, who is hoping to push his middle-of-the-road measure through the panel by week’s end. It also kept alive the possibility that at least on

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Senate Panel Kills Government Healthcare Plan

The European Union's and Lisbon treaty. The Next great Global Powers might be The E.U.

  The European Union’s hopes of greater global clout centered on Ireland on Friday as voting started in a referendum to ratify the Lisbon Treaty. A year ago, Irish voters rejected the treaty, a watered-down version of the constitution that was vetoed by French and Dutch voters in 2005. The treaty is designed to give the bloc stronger leadership, a more effective foreign policy and a fairer decision-making system. Follow the link for a clear map of the E.U.   http://www.ezilon.com/europ

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The European Union’s and Lisbon treaty. The Next great Global Powers might be The E.U.

Subsidised loan disbursement obtains over 404tr dong

VNBusinessNews.com – State Bank of Viet Nam (SBV) reported that total subsidised loans of the dong till September 24 reached over 404.256 trillion dong, growing by 3.195 trillion dong or 0.79% from September 17.In which, state commercial banks and central people’s credit funds provided 276.705 trillion dong of soft loans, up 0.84%, joint stock banks offered 100.897 trillion dong, rising by 0.1%,

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Subsidised loan disbursement obtains over 404tr dong