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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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Thursday, September 06, 2007

Japanese firm Nippon Oil is to start paying for Iranian oil in yen, rather than in US dollars.

Iran has been increasingly selling oil in currencies other than the US dollar, which has fallen in value.

Iran, the fourth-biggest oil exporter, has made the shift in the light of political differences with the US over its nuclear programme.

[...]

Labels: Bush Broken Economy, Declining Dollar, World Reserve Currency

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