A new world is being born. Empires fall. There is a world crisis of capitalism, it's shaking the planet," Chavez told Venezuelan state radio after arriving in Qatar.
Iran has proposed replacing the dollar with the euro or other currencies to set worldwide oil prices.
Brazilian President Luiz Inacio Lula da Silva told the gathering that the economic crisis is having "deep repercussions" on all economies, but it offers an opportunity "to correct the financial system and restore balance to global trade."
http://www.breitbart.com/article.php?id=D97929UG0&show_article=1
Iran has proposed replacing the dollar with the euro or other currencies to set worldwide oil prices.
Brazilian President Luiz Inacio Lula da Silva told the gathering that the economic crisis is having "deep repercussions" on all economies, but it offers an opportunity "to correct the financial system and restore balance to global trade."
http://www.breitbart.com/article.php?id=D97929UG0&show_article=1
Russia and China are coordinating proposals on a new global currency that could replace the US dollar as a reserve currency to prevent a repeat of the global economic crisis, the Kremlin said.
