Russia to oust US dollar
Something Strange In Russia???
Wed Feb 9, 2005 02:57
64.140.158.110

 

Something Strange In Russia???

This first link is a background link that you will need to understand why the other two links are important and the first link is the foundation for those other links.

If nothing else, its incredible the size and scope of the facility they are building underground and the recent increased activity going on there. Don't forget Russia is an ally of Iran. Also don't forget that Iran has been threatened by the US and Israel.

In fact the various links I have sent say that Israel will use US aircraft carriers to launch their attack against Iran's nuclear power plants. The rest I believe could be a sign of Russia's preparation for Iran's reaction.

I don't know, but this information is sufficient to cause concern and bears watching. We won't see anything in the American press about anything, so I am going to try and follow foreign press reports on this as much as possible.

Read this one first for background

Yamantau
http://www.globalsecurity.org/wmd/world/russia/yamantau.htm

Read this one 2nd

Russian Military Movements towards Protected Areas Beginning
http://www.whatdoesitmean.com/index675.htm

Then read this one 3rd

RUSSIAN DEFENSE MINISTER VISITS SIBERIAN MILITARY DISTRICT
http://snipurl.com/ci0u

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http://english.pravda.ru/main/18/88/351/14927_euro.html
Russia to oust US dollar from nation's financial policy

PRAVDA, 02/07/2005 15:58

The majority of Russian people were saving their money in dollars during post-perestroika years

The Central Bank of Russia has recently announced that the official ruble rate will be calculated on the base of the dollar and euro cost. A spokesman for the Central Bank said that the dollar-oriented approach to the Russian currency policy is outdated. "Guaranteeing stability to the dollar rate against the ruble was leading to considerable fluctuation of the ruble and other foreign currencies, including the euro," a statement from the bank ran. It is noteworthy that the European currency has obtained stable positions both in the Russian and in the world economy.

The Central Bank introduced the bi-currency approach to the financial policy: from now on it will be oriented on the cost of the standard value equal to $0.9 + 0.1. The ruble rate will stabilize against the euro a little, whereas it will still fluctuate against the dollar. When market members become accustomed to the novelty, the euro share will be growing according to objects and needs of the state.

The majority of Russian people were saving their money in dollars during post-perestroika years. Needless to say that the dollar has not been doing at its best lately. Slowly but surely, the US currency has been losing value after the crisis of 1998 - presumably because of high oil prices. According to experts' estimates, the trend will be preserved in 2005, if the USA does not take measures to cut budget deficit. The euro, however, continues breaking all records, although analysts did not lay much hopes on the European currency before.

It is not ruled out that the reform will exert a positive influence on the Russian economy. The bi-currency approach will be capable of regulating the financial market with the help of interest rates (as it is practiced in all civilized countries) and use currency interventions at a lower capacity. Common Russian citizens are not likely to enjoy considerable changes for the better, though. If the Central Bank of Russia continues backing the weak dollar, everything will be left as it is.

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Russia to oust US dollar from nation's financial policy
Pravda, Russia - Feb 7, 2005
The Central Bank of Russia has recently announced that the official ruble rate will be calculated on the base of the dollar and euro cost. ...

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BE ALERT....SOMETHING IS GOING ON HERE!!!!

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Dollar vs euro strength no longer big concern - Europe G7 source
Reuters South Africa, South Africa - Feb 3, 2005
LONDON (Reuters) - The strength of the euro against the dollar has become less of a concern and is not considered recessionary for the euro zone economy,
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