Will Iran, China, Russia Push US Dollar to the Brink of Extinction?
SputnikNews.com
28.12.2015
Iran is moving forward to get rid of the US dollar as a means of payment, independent researcher Timothy Alexander Guzman points out, adding that Washington has obviously shot itself in the foot by imposing sanctions on Moscow and Tehran.
The supremacy of the US dollar is in danger: more and more countries around the world are seeking to replace the American currency, independent researcher and writer Timothy Alexander Guzman notes, pointing to a series of Russo-Iranian agreements aimed at stopping mutual settlements in US dollars with foreign countries.
“This past March, Iran and Russia signed an agreement to jointly create a regulation committee to ‘oversee interbank financial transactions between the two countries.’ The positive outcome of the agreements is to avoid any future sanctions Washington and its crony allies use as a financial weapon against its adversaries,” Guzman writes in his article for SilentCrowNews.com.
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