It's all been set up. First the CIA deposed the shah and installed a dictator 
into Iran, (see <http://www.truedemocracy.net/w01/3.html>) and now this.

Peace,

Arlene Johnson
Publisher/Author
http://www.truedemocracy.net


-----Original Message-----
From: Vigilius Haufniensis 
Sent: Dec 18, 2006 8:18 PM
To: [EMAIL PROTECTED]
Subject: [cia-drugs] Fw: [GATA] Iran announces switch from dollars to euros



 
----- Original Message ----- 
From:Gold Anti-Trust Action Committee
To:[EMAIL PROTECTED]
Sent: Monday, December 18, 2006 8:05 AM
Subject: [GATA] Iran announces switch from dollars to euros

Iran announces switch from dollars to euros
Submitted by cpowell on 06:05AM ET Monday, December 18, 2006. Section: Daily 
Dispatches

>From Agence France-Presse
Monday, December 18, 2006

http://news.yahoo.com/s/afp/20061218/wl_mideast_afp/iranforexbank_061218...

Iran announced it has ordered the central bank to use euros for foreign 
transactions and transform the state's dollar-denominated assets held abroad 
into the single European currency.

"The government has ordered the central bank to replace the dollar with the 
euro to limit the problems of the executive organs in commercial transactions," 
government spokesman Gholam Hossein Elham told reporters Monday.

"We will also employ this change for Iranian assets (in dollars) held abroad."

Elham implied that the move would apply to oil revenues from the world's No. 4 
crude producer, although it remains to be seen how this would be received by 
the market.

"Foreign income sources and oil revenues will be calculated in euros and we 
will receive them in euros in order to put an end to our dependence on the 
dollar," Elham said.

The move comes amid mounting pressure from the United States for the UN 
Security Council to agree sanctions against Iran over its controversial nuclear 
programme.

Bankers in Iran have complained in recent weeks that it was becoming 
increasingly difficult to receive Iranian-held money denominated in dollars 
from European bank accounts.

They said that this was because of US pressure on European banking giants not 
to allow dollar-denominated funds to be sent into, or out of, the Islamic 
republic.

Elham added that Iran's budget would in future be calculated in euros.

"Until now the budget has been calculated according to revenues in dollars, but 
this calculation will now change," he said.

* * *

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[]
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