A serious crisis looms for the declining US dollar as the UAE, along with other Gulf Cooperation states, are reportedly considering a move to dump the US currency. The rapid decline is the dollar has already had a severe effect on inflation and foreign balances in the region, and while Saudi Arabia and other US supporters advocate not rocking the boat, many Gulf states are thinking of following the example of Gisele Bundchen, Brazilian supermodel, who refuses $$ in favour of €€ these days.read more | digg story
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