• Gold could be used as a temporary replacement for the dollar, Independent claims• Story denied by Russia, Saudi, UAE, KuwaitChina, Russia, Japan and several of the most powerful Gulf States are actively plotting to end the decades-old practice of bu... ...full story at Guardian Unlimited
from Guardian Unlimited on Tue, Oct 06 2009
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| 02 Nov 08 |
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PM Putin suggests Russia, China ditch dollar in trade deals »
YouTube video MOSCOW, October 28 (RIA Novosti) - Russian Prime Minister Vladimir Putin proposed on Tuesday that Russia and China gradually switch over to national currency payments in bilateral trade, expected to total $50 billion in 2008.
"We should consider... |
| 14 Oct 08 |
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China, Russia to boost trade, investment » People's Daily China and Russia will further promote trade and economic cooperation while bilateral trade volume is expected to exceed 50 billion U.S. dollars this year, senior trade officials of the two countries said here Tuesday. &$ &$China and Russia... |
| 05 Sep 08 |
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Gold loses its luster » People's Daily Despite occasional spikes, Shanghai gold prices have mirrored the global downturn, as the strengthening US dollar and declining oil prices combine to take the sheen off the yellow metal. Although the price of the most actively traded gold futures... |
| 19 Oct 09 |
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Trade between China, Russia down 34.9 pct in first nine months » People's Daily Trade between China and Russia in the first three quarters topped 28.04 billion U.S. dollars, down 34.9 percent from the same period last year, said a report from the General Administration of Customs of China Monday. Chinese exports to Russia in... |
| 06 Jul 09 |
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Crossborder Settlements: A Story to Watch » All Roads Over the past few months, a new trade related story has begun to pick up steam, the settlement of crossborder trade in various currencies other than the US Dollar. At first glance it is a story that does not catch the eye, because it is often laden wit... |
| 19 May 09 |
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Brazil and China to abandon dollar for two way trade? » Danwei By Jonathan Wheatley in The Financial Times: Brazil and China will work towards using their own currencies in trade transactions rather than the US dollar, according to Brazil's central bank and aides to Luiz Inácio Lula da Silva, Brazil'... |
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