Oil Producers Shifting from US dollars to EUROS

Ethical Markets Trendspotting

Financial Times, Dec. 10, 2006. The Bank for International Settlements latest report indicates this shift to euros, pounds, yen and other strong currencies — a factor in the dollar’s continuing decline.Hazel Henderson has been predicting this scenario since 2003. See Hazel’s April 2003 article “Iraq, The Dollar and the Euro” Dec. 2006