U.N. PANEL SAYS WORLD SHOULD DITCH DOLLAR
March 19, 2009
Reuters reports: “A U.N. panel will next week recommend that the world ditch the dollar as its reserve currency in favor of a shared basket of currencies, a member of the panel said on Wednesday, adding to pressure on the dollar.
Currency specialist Avinash Persaud, a member of the panel of experts, told a Reuters Funds Summit in Luxembourg that the proposal was to create something like the old Ecu, or European currency unit, that was a hard-traded, weighted basket.
note…”
Search This Blog
Subscribe to:
Post Comments (Atom)
Reason to vote republican
So if you want to see what the Democratic party is about and what it stands for, just see what is going on in California. Remember this the...
-
Europe is bleeding. Misguided citizens are cheering for “diversity” and “tolerance” while the very foundation of their society is being erad...
-
A chunk from a 53-year-old Soviet spacecraft designed to land on Venus is set to cannonball back to Earth next weekend, and nobody knows w...
No comments:
Post a Comment