Entries in Global Economic Picture (1)

Wednesday
Sep232009

Iran begins to drop USD for EURO

Wow this is some pretty big news!  Iran begins exchanging their dollar reserves into the Euro.  It will be interesting to see if this continues to include oil being priced in dollars.  Many have speculated that this is what would lead to war.  The replacement of the USD to another currency in the oil markets.  

Let's hear the insight!

here is the article