that was interesting about the purchase of iron ore in chinese currency .. watso was not aware of that ..
In a separate statement, Baowu noted it had now struck yuan-based deals with the “three giants” of iron ore - BHP, Rio Tinto and Vale.
The fourth-biggest iron ore miner, Australia’s Fortescue Metals Group, is also selling in yuan after setting up a trading entity in China in April 2019.
probably early tentative steps - but from little things big things grow ..
yes - sadam hussein tried to cut out the american dollar for oil sales .. and what about libya - gaddaffi was talking about an african gold dinar (or whatever) ..
all the wars in the middle east are about the enforcement of countries accepting american dollars for their oil.. the american dollar is backed by the oil reserves of other countries (and why america is really interested in imposing democracy in venezuela )..
- Forums
- World Politics
- The Collapse of the American Empire
The Collapse of the American Empire, page-10
-
- There are more pages in this discussion • 2,355 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin