De Dollar Hegemonie 6

Information Clearing House bericht over de Dollar Hegemony: 'Global Economic Hegemony: A New Kind of Warfare? An Interview with Dr Krassimir Petrov,Ph.D (Teaches Macroeconomics, International Finance & Econometrics at the American University in Bulgaria). Afghanistan, Iraq and now Iran and potentially Syria on the cards for a military intervention, I was intrigued to find out what exactly is driving the neo-conservatives in the echelons of power at the Whitehouse and the few coalition allies to the U.S. to continue their strategy of potential military strikes despite what is universally accepted has been a disastrous foreign policy in Iraq. I interviewed Dr. Krassimir Petrov who has recently wrote an article titled “The Proposed Iranian Oil Bourse” to enlighten me on this subject. The interview focused on two articles, namely the one cited above and by W.R. Clark titled “Petrodollar Warfare: Dollars, Euros & The Upcoming Iranian Oil Bourse.” The response is a combination of statements from the articles and Dr. Krassimir Petrov’s own opinions on the questions asked. The questions were framed as a result of what the authors have highlighted is the setting up of a proposed Iranian Oil Bourse due to become operational from March 2006. The word “bourse” refers to a stock exchange for securities trading, and is derived from the French Stock Exchange in Paris. The Tehran Government has plans to begin competing with New York’s NYMEX and London’s IPE using a Euro based international oil trading mechanism. You may ask, why is this of any significance?Well, in the year 2000, Iraq had decided that it was no longer going to accept dollars for oil being sold under the UN’s Oil For-Food Program and decided to switch to the Euro as Iraq’s oil export currency. The result was a military strike by the U.S. and it’s allies and subsequently in ample time the dollar was restored as Iraq’s oil export currency. The authors feel that this was one of the main reasons for attacking Iraq to maintain the U.S. dollar as the monopoly currency for the critical international oil market. What this signifies is that without some sort of U.S. intervention and if the Iranian oil bourse goes ahead, the Euro is going to establish a firm foothold in the international oil trade market. Under the rubric of what is seen as the potential nuclear threat of Iran in future years, W.D. Clark states in his article that given the U.S. debt levels and taking into consideration the neo-conservative project of U.S. global domination, Tehran’s intentions “constitute an obvious encroachment on dollar supremacy in the crucial international oil market.” With international pressure mounting on the Iranian Government, it was under these circumstances that I posed the questions to Dr. Krassimir Petrov.' Lees verder:
http://informationclearinghouse.info/article12346.htm