Oil vs dollar
Leading manufacturers of raw materials are going abandon calculations in the American currency.
Black and natural Gold.
According to British newspaper “The Independent”, for this purpose have already been held secret meetings at the level of finance ministers and heads of central banks, which discussed the possibility of introducing a currency basket, which will include the yen, yuan, euro, gold and even the new unified currency of the States – Members of the Cooperation Council countries of the Persian Gulf. Interest in the rejection of the dollar also expressed Brazil and India. The publication suggests that the existence of such plans, confirmed by his sources in the Gulf and Hong Kong, due to the sharp rise in gold prices, which the Arab states have long been calculated with one another. It is expected that the final rejection of the dollar could happen by 2018.
Also, British journalists reported that the United States is aware of the negotiations and we intend to resist the agreement of countries, which include even Washington’s closest allies (Japan). Former China’s special envoy in the Middle East Sun Bigan even warned the newspaper that “there is a serious risk of deepening the contradictions between China and the United States for influence in the Middle East energy resource base.”
However, Chinese financial experts believe that the U.S. president Barack Obama is too busy with the economy of the United States to focus on the consequences of failure of these countries with the dollar in payment for oil.
Meanwhile, the U.S. economy has already suffered yet not concluded the deal – on Tuesday amid reports in the Independent quotes the U.S. dollar went down.
The issue is ripe
Also reported that the U.S. government was aware only of a meeting, but the details were left for the Americans closed.
This year, Iran was the first Persian Gulf countries have already announced the transition to the euro in oil sales, which account for more than 80% of its revenues from foreign trade of the Islamic republic.