World-News

OPEC considers dumping US dollar

Organization of Petroleum Exporting Countries plans to discuss a proposal by Iran and Venezuela to price oil in non-dollar currencies.

http://www.presstv.ir/detail.aspx?id=43221&sectionid=3510213



The fall of the Dollar Empire

The following is an interview with Hamid Varzi an economist and banker based in Tehran about the US economic crisis.

http://www.presstv.ir/detail.aspx?id=43253&sectionid=3510302



Dollar Has Biggest Weekly Loss in 2008 on Signs Growth Slowing

The dollar had its biggest weekly loss this year against the euro after Federal Reserve Chairman Ben S. Bernanke signaled he may cut interest rates further amid mounting concern that the economy is headed for a recession.

http://snipurl.com/1ztx0


From Information Clearing House



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