Latin American leaders Tackle Dollar with New Currency

By Agence France-Presse

Latin American leaders agreed here on the creation of a regional currency, the Sucre, aimed at scaling back the use of the US dollar.

http://www.informationclearinghouse.info/article23743.htm



Iran to completely drop dollar from foreign exchange

Iran's Trade Promotion Organization has announced a near future plan to completely exclude the US dollar from the country's foreign revenues and reserves.

http://www.presstv.ir/detail.aspx?id=108867&sectionid=351020102



'Iran and Russia propose oil trade without USD'

Venezuela's president has said that countries including Venezuela, Russia and Iran have proposed the US dollar should be replaced as the currency used for oil trade.

http://www.presstv.ir/detail.aspx?id=108972&sectionid=3510213



How China is Torpedoing the U.S. Dollar

The dollar's been struggling to retain its value - and now it's about to get worse thanks to China. This report shows you how China is undercutting the dollar and the two best ways for investors to turn this in their favor.

http://www.moneymorning.com/2009/10/18/china-u.s.-dollar/


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