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The UAE plans to convert dollar reserves

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posted on Dec, 31 2006 @ 01:40 PM
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The UAE plans on converting 8% of is dollar reserves to euro by the end of 2007 more and more countries selling or converting their dollar reserves

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posted on Dec, 31 2006 @ 02:20 PM
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Yeh, smart move. Now incur the wrath of the west



posted on Dec, 31 2006 @ 02:33 PM
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Well I imagine hat UAE been very close allies and personal friends to the Bush family and our nation, will be persuade into holding a littler bit longer.

Until our country get their hands in the Iraqi oil and starts production.

Who knows our nation always have a way of persuasion that is very well known.



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