Collapse of the Petrodollar Looming
The announcement by President Putin of a Russian bourse trading oil and gas in Roubles threatens the stability of the US Dollar far more than Iran's bourse alone would do, and continues the slide in relations between the old Cold War foes.
http://home.austarnet.com.au/davekimble/peakoil/petrodollars.htm
Russian bourse to start trading oil, oil products, gold on June 8
Exporting nation, should establish its own oil exchange to trade crude and petroleum products for rubles.
http://en.rian.ru/russia/20060522/48434383.html
From Information Clearing House
http://home.austarnet.com.au/davekimble/peakoil/petrodollars.htm
Russian bourse to start trading oil, oil products, gold on June 8
Exporting nation, should establish its own oil exchange to trade crude and petroleum products for rubles.
http://en.rian.ru/russia/20060522/48434383.html
From Information Clearing House
rudkla - 20. Mai, 11:23
