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2006-02-13 Syria-Lebanon-Iran
Syria switches to euro amid confrontation with US
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Posted by Steve White 2006-02-13 13:17|| || Front Page|| [6 views since 2007-05-07]  Top

#1 "It looks like a kind of pre-emptive action aimed at making their foreign assets safer, preventing them from getting frozen in case of any conflict,"

Buddies will naturally want to cozy up to each other...
Posted by Bomb-a-rama 2006-02-13 14:33||   2006-02-13 14:33|| Front Page Top

#2 Real question should be: where are they moving all their foreign bank accounts?
Posted by RWV 2006-02-13 14:41||   2006-02-13 14:41|| Front Page Top

#3 Real question should be: where are they moving all their foreign bank accounts?

Swiss bank accounts, baby! Works for nazis and baathists!
Posted by mmurray821 2006-02-13 15:52||   2006-02-13 15:52|| Front Page Top

#4 It was of course Saddam's switch (with Un approval) to sell oil under the OIl for Food program in Euros and not USD that precipitated the illegal invasion and occupation. A policy immediately reversed by the CPA.

Iran is also threatening on March 10th to open an oil bourse selling oil in Euros.

Tweaking Uncle Sam's Beard. It will end in tears as my old nanny used to say.
Posted by Ebbeager Whaving3121">Ebbeager Whaving3121  2006-02-13 19:51|| www.postmanpatel.blogspot.com]">[www.postmanpatel.blogspot.com]  2006-02-13 19:51|| Front Page Top

#5 Why on earth would we care what currency they use? It's not like Syria is a major economy. And, since the majority of Iraq's customers are in Europe, pricing in Euros is a nice courtesy. Ebbeager Whaving3121, your old nanny was clearly uninformed about international events. Leave the poor dear in peace, and stop bothering her when she has nappies to change and chins to wipe.
Posted by trailing wife 2006-02-13 22:38||   2006-02-13 22:38|| Front Page Top

#6 They are frost proofing TW. Sanctions could include freezing assets. No US dollars, no US banks, no frost bite.
Posted by Besoeker 2006-02-13 22:43||   2006-02-13 22:43|| Front Page Top

#7 sounds like a question of what the survivors calculate their net debt (holdings) in before begging for a new Marshall plan to save their ass. Nothing to worry about
Posted by Frank G">Frank G  2006-02-13 22:52||   2006-02-13 22:52|| Front Page Top

#8 Iran of course, not Iraq.

Besoeker, I yield to your greater knowledge of tactics. (Or is it strategy? I have trouble discerning where one ends and the other begins.)
Posted by trailing wife 2006-02-13 22:57||   2006-02-13 22:57|| Front Page Top

16:48 Besoeker
16:36 Jomble Glavimp6138
16:24 Explain This
16:18 Explain This
23:57 Sherry
23:55 Frank G
23:47 CrazyFool
23:40 DMFD
23:38 Old Patriot
23:38 RD
23:37 trailing wife
23:28 Old Patriot
23:21 Besoeker
23:19 RWV
23:17 Barbara Skolaut
23:09 Old Patriot
23:08 RWV
23:06 Frank G
23:04 Besoeker
23:04 trailing wife
23:03 Frank G
23:01 Ebboth Hupuper2982
23:00 DMFD
22:59 Old Patriot









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