SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: IngotWeTrust who wrote (96004)10/1/2003 8:46:08 AM
From: d:oug  Respond to of 116764
 
How to honor the flag of the United States ?
... most people would reply
... hanging the flag from a pole, especially on July 4.
Sounds good and patriotic, but [puts] at risk [freedom...]
My answer...
5. Spit on it, walk on it...
8. ... put it into a trash container [like] unwanted garbage....
[stop.]
#reply-19359004
Plus albert kovalyov Proof in his Pudding awaits.



To: IngotWeTrust who wrote (96004)10/9/2003 7:15:00 AM
From: lorne  Read Replies (2) | Respond to of 116764
 
German Sources Say Russia Might Price Its Oil in Euros
Thursday, Oct. 9, 2003.
themoscowtimes.com

Combined Reports YEKATERINBURG, Ural Mountains -- Russia is increasingly looking at pricing oil sales in euros instead of dollars, reflecting the euro's growing role as a reserve currency, German government sources said Wednesday.

"The question is taking on increasing significance," a person travelling with German Chancellor Gerhard SchrÚder on an official visit to Russia said.

A switch into euros by Russia, the second-biggest oil exporter behind Saudi Arabia and holder of the world's largest natural gas reserves, would represent a major shift in the balance of currencies behind the world's most traded commodity.

European leaders have long expressed interest in seeing energy contracts priced in euros rather than dollars to promote the currency and boost price stability in the European Union.

Most energy contracts are settled in dollars, meaning that for European buyers, trade in gas and oil is subject not only to fluctuations in their market prices but also to variations in the value of the U.S. currency. In 1999, just after Vladimir Putin became prime minister, he laid out a proposal to move Russia's trade out of dollars and into euros.

A Russian Energy Ministry official said he could not confirm the report. "We cannot confirm this information. No talks are taking place on the issue. The ministry draws up export timetables, but does not deal with financial issues on oil supplies," the source said. (Reuters, MT)