Tuesday, 8 May 2012

#BANKSTERS FIAT FOREX MELTDOWN #GOLD #SILVER #OTB


8 May 2012 Last updated at 10:50

China buying oil from Iran with yuan

China is promoting the usage of the yuan as a rival international currency to the dollar

China is buying crude oil from Iran using its currency the yuan, an Iranian diplomat has said.

Oil transactions are usually settled in dollars but US sanctions make it difficult for Iran to accept payments in the US currency.

Iran is using the revenue to buy goods and services from China, Mohammed Reza Fayyad, Iran's ambassador to the United Arab Emirates, confirmed.

China is the biggest buyer of Iranian crude oil exports.

The US has been pressuring Beijing to join an international boycott of Iran over Tehran's nuclear programme.

Source : BANKSTERS' BULLSHITTING COMMIES 


ps. The world's most successfully marketed Banksters' Disinformation Source & one of the heads of the multi-headed Hydra that will need to be dealt with for the NEW FINANCIAL SYSTEM to get off the ground. ;)  BBC; WE DO NOT FORGET; EXPECT US!





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