Russia, China, others urge diverse monetary system

Russia China Urge Diverse Monetary System - Politics, Business, Civil, History - Posted: 16th Jun, 2009 - 5:21pm

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Business - European Economy
Post Date: 16th Jun, 2009 - 3:54pm / Post ID: #

Russia, China, others urge diverse monetary system

Russia, China, others urge diverse monetary system (AP)
European Business News

Indian Prime Minister Manmohan Singh (L) and Chinese President Hu Jintao line up for a family photo at the Shanghai Cooperation Organisation (SCO) summit in Yekaterinburg, June 16, 2009. Singh urged regional cooperation against terrorism and other security threats on Tuesday, shortly before he was due to meet Pakistani President Asif Ali Zardari.  REUTERS/Sergei Karpukhin  (RUSSIA POLITICS)AP - Brazil, Russia, India and China say the world needs a more diversified international monetary system.



Source: Yahoo! News: Business - European Economy

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Post Date: 16th Jun, 2009 - 5:21pm / Post ID: #

Russia, China, others urge diverse monetary system
A Friend

system monetary diverse urge China Russia

I believe that there are potential currencies that can take over as the world dominate form. The Euro can be one. I think right now that with the economy the way it is right now any switch to another currency other than the US dollar will cause a major crash.


 
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