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Repiglican Roast

A spirited discussion of public policy and current issues

Name: TheFuriousGourmet

Location: The mouth of being

I'm furious about my squandered nation.

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Saturday, May 27, 2006

New threat to Petrodollar

It seems that the U.S. dollar is not only threatened by the Iranian oil bourse but also by Russian plans expected to deal a similar blow to the American currency.

The Russian President Vladimir Putin has announced recently that a Russian bourse would be trading oil and gas in Roubles which will threaten the stability of the U.S. Dollar and deal a worse blow than what the Iranian Oil bourse would do, according to Global Research.
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