US blunders threaten to end dollar pricing of oil

NEW YORK : Oil-importing countries suffered an unprecedented double blow this year, as oil prices flower while other foreign currencies depreciated against the ALL OF US dollar. Not only do Asian and other emerging marketplace currencies buy much less in terms of US bucks, but oil costs more in terms of minimal dollars – almost triple its nearby currency price of 2 yrs ago.

The double squeeze will put the tailwind behind Hard anodized cookware efforts to ditch the dollar as being a trading currency. Oriental central banks curently have more than US$400 billion of local currency swap lines and may trade among on their own in their own foreign currencies.

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Thai nightclub fire kills 13: Rescue services

The service mentioned the blaze has been accelerated by flammable acoustic foam within the walls of the club, and it took medical personnel more than three hours to bring it in check. The particular dead – 4 women and nine males – were found mostly crowded from the entrance andContinue Reading

A closer look at Ayman al-Zawahiri’s ‘death’ in US air strike

On Wednesday, US President May well Biden announced that al-Qaeda chief and 9/11 mastermind No 2 Ayman al-Zawahiri had been killed in a jingle strike in Kabul, Afghanistan. The news got no time to make the head lines and Twitter trends. As there is presently zero on-ground (military and/or intelligence) ALL OF US presence in Afghanistan, it is worth […]

The blog post A closer look at Ayman al-Zawahiri’ s ‘ death’ in ALL OF US air strike appeared very first on Asia Times .

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