Tag Archives: Russia

US dollar, Dropped in oil trading?, October 6, 2009, Arab states, China, Russia, France, The demise of the dollar, New world order

From the United Kingdom Independent, October 6, 2009:

“The demise of the dollar”

“In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.

 Secret meetings have already been held by finance ministers and central bank governors in Russia, China, Japan and Brazil to work on the scheme, which will mean that oil will no longer be priced in dollars.

The plans, confirmed to The Independent by both Gulf Arab and Chinese banking sources in Hong Kong, may help to explain the sudden rise in gold prices, but it also augurs an extraordinary transition from dollar markets within nine years.”

“The decline of American economic power linked to the current global recession was implicitly acknowledged by the World Bank president Robert Zoellick. “One of the legacies of this crisis may be a recognition of changed economic power relations,” he said in Istanbul ahead of meetings this week of the IMF and World Bank. But it is China’s extraordinary new financial power – along with past anger among oil-producing and oil-consuming nations at America’s power to interfere in the international financial system – which has prompted the latest discussions involving the Gulf states.

Brazil has shown interest in collaborating in non-dollar oil payments, along with India. Indeed, China appears to be the most enthusiastic of all the financial powers involved, not least because of its enormous trade with the Middle East.

China imports 60 per cent of its oil, much of it from the Middle East and Russia. The Chinese have oil production concessions in Iraq – blocked by the US until this year – and since 2008 have held an $8bn agreement with Iran to develop refining capacity and gas resources. China has oil deals in Sudan (where it has substituted for US interests) and has been negotiating for oil concessions with Libya, where all such contracts are joint ventures.”

Read more:

http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html

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Obama ODM Candidate for President, Obama going behind officials backs, Offshore Oil, Drilling, Venezuela, Chavez, Cuba, Castro, Russia, China, Obama anti-American

We have reported on Obama’s trip to Kenya in 2006, Obama lying about the purpose and the complaint from the Kenyan government. We received a report from an anonymous source that quotes Fox low key banner notes. Here is the report as sent to us:

“As referred to in Part 3 “Connect the Dots” in the “Obama ODM Candidate for President” article (which can be found – with  document/video links – at logisticsmonster –  here’s today’s news (courtesy of Fox low key banner notes only);
 
Recap from article  in brief: obama has been  acting like he already has Presidential authority which is  outrageous. Sent Gov Richardson discreetly few months back to Venezuela to meet with Chavez – only report of this in Caribbean (not US) press. Then  shortly thereafter Chavez went to Cuba to meet with Castro. What a coincidence!
 
Not long after Cuba announced it is planning oil deal in the sea just off the FLA. Coast- with China!
 
Month later goodie-goodie (lol) Chavez pressed New Hampshire to accept his generous offer of free fuel for heat this winter. NH was the last Eastern state left that hadn’t already capitulated to Chavez suspicious hand out.
 
As of today, September 7, Chavez has announced he is making some similar deal himself  with Russia off the coast of Venezuela. Just to be sure we got the point he threw in one of his demeaning anti-American insults.  Notice these wheels have been in motion – spurred on by obama – since May of this year. 
 
Also today Cuba demanded that US lift the embargo on Cuba. Another well  timed  coincidence
 
Hmmmm….  so we’ve got China coming in off the coast of  FLA……Russia coming in off the coast  of  Venezuela..and Chavez blackmailing the US East Coast with free fuel….. while Cuba demands  end to US embargo.
 
Let’s be  clear – we have absolute IDIOTS running our government. . . and obama going behind our officials backs, playing connect the dots – on his own and through his  ’emmissaries’ across the international terrorism network right under everyone’s noses and  no one even seeming to notice!
 
Americans had better WAKE UP before we are taken over from our borders offshore- and inland on Mexican border where the drug thug circuit has pretty much free reign and last we heard GW was removing the Nat’l  Guard there.
Not sure what role obama  plays there- except for his original foot-in-mouth  that we don’t really need  Mex  border security that much (like Iran and North Korea are tiny countries and all). 
 
We MUSTelect McCaine and defeat obama and pay attention to this underbelly of obama’s connect the dots anti-American activities while we still have a democracy! 
 
Please share this info to help others be aware.”
If you  are concerned about Obama, his past and his associations, visit: