Monday, April 16, 2007

Another big reason for more dollar fall

While the world press has focused on Iran's plans to move ahead with enriching uranium, Tehran continues to wage economic war against the U.S. dollar behind the scenes.

Tehran has reached a decision to end all oil sales in dollars, according to statements by Iran's central bank governor, Ehrabhim Sheibany, in Kuala Lumpur at the end of last month.
You can bet US gunboat diplomacy is on the way

Uranium is a scapegoat.

It's the dollar, stupid.

Full article.