Non-dollar oil trade: a distant dream or a feasible reality?
Oil Markets
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The U.S. Dollar and the Global Economy
"I don't see any other alternative besides, first of all, moving away from the dollar," says Arthon. "Washington is forcing this from the world because Washington keeps saying, we don't like you and therefore you cannot use dollars," he adds. But there isn't a currency that's liquid enough or deep enough to replace the U.S. dollar right now,. Except conceivably the men beat, but even that is what I said before."
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