Syria Plans To Avoid Dollar, Euro in Settling Trade Deals

[udun]

Expect a full invasion on Syria. Afterall, Saddam Hussein (May Allah rest him in peace) tried to get rid off the dollar and we all know what happened afterwards. Fomer Pentagon Assistant Secretary of Defense Paul Wolfwitz stated in 2002 in his testimony to the US Senate, "Economically we don't have a choice in Iraq." Mu'ammar Qaddafi (May Allah rest him in peace) adopted the Gold and Silver Dinar, and the next thing you know was the bogus 'Arab-Spring' followed by a full invasion. While war was already imposed on Syria, the downing of the Turkish plane, and the dropping of the Dollar and Euro will be the excuses to launch full scale war on this Muslim country.

One by one, these Muslim countries will fall under the quest to hasten the arrival of the Jewish King, the long-awaited 'messiah' of the Jewish people, and the restoration of the Jewish Kingdom between Euphrates and the Nile.

Syria Plans To Avoid Dollar, Euro in Settling Trade Deals

DUBAI (Zawya Dow Jones)--Syria is planning to settle trade payments in currencies other than the U.S. dollar and euro in order to preserve its foreign exchange reserves and counter the effect of economic sanctions, the country's central bank governor was quoted as saying Thursday.

The Central Bank of Syria has proposed "a work mechanism to settle the payments with friendly countries in their own respective currencies without having to resort to the U.S. dollar or the euro," central bank governor Adib Mayaleh told a group of Syrian industrialists, according to the official Syrian Arab News Agency.

The report did not mention the countries whose currencies would be used as an alternative to the dollar and euro, though last year the central bank floated a plan to create a basket of currencies including the Russian ruble, the Chinese yuan and the Iranian rial to finance imports from those and other countries.

Russia, China and Iran have continued to back the government of President Bashar al Assad in the face of tightening international sactions.

The new proposals "would help render the effect of American, European and Arab sanctions imposed on Syria...and consequently maintain the level of foreign currencies' reserves, as well as strengthen the economic, commercial and banking bonds with these (friendly) countries," Mr. Mayaleh said Thursday, according to SANA.

Syria's Finance Minister Mohammed Al Jleilati said last September that Syria's reserves stood at around $18 billion, though U.S. officials believe they have since dropped below that level.

Last year, the Syrian government briefly introduced an import ban in order to conserve foreign exchange, but the measure was lifted after protests from the business community about rising prices.

-By Leila Hatoum, Dow Jones Newswires; +971-4-446-1686; leila.hatoum@dowjones.com; Twitter: @ZDJnews

Copyright (c) 2012 Dow Jones & Co.


(END) Dow Jones Newswires
06-28-121114ET

http://www.nasdaq.com/article/syria-pla ... 0628-00755

[gurey25]

They have actually spread the contagion in their quixotic quest to serve Isreal by attacking Iran.

Its because of the sanctions on Iran that Russia,Turkey, India, Pakistan, China, Japan and South korea have all started trading with Iran using their own respective currencies and Gold.
Japan, South Korea and India all got exemptions from the US and all they had to do was promise that they will try to reduce their consumption of Iranian oil in the future.

The US government by serving Likuds interest and implementing policies designed in Tel aviv has hurt their ability to use sanctions meaningfully any more.
They have also weakened the Dollars hegemony at the time when it is needed the most.

All those countries save allot of hard currency in those deals and they all benefit , this means that they will continue to do this even when sanctions are dropped, and other countires will start doing the same.

The assad regime in its death throws is doing the same too but it is too late, Russia cannot protect it, and it is slowly losing the war because it doesnt have full control over its security forces.
The solution to Assads problem is to step up attacks by an order of 10 to 20 times, and actually start real genocide( hey it Worked for the Nazis in poland, worked for Russia in chechnya and it worked for Hafez al Assad senior), by dithering and hesitating early on he has lost his chance and he is doomed, syria will become another Lebanon .

[Arabmann]

One by one, these Muslim countries will fall under the quest to hasten the arrival of the Jewish King, the long-awaited 'messiah' of the Jewish people, and the restoration of the Jewish Kingdom between Euphrates and the Nile.

Is there a Hadith that supports your personal opinion?

[ZubeirAwal]

^ It's not personal, its called using your spiritual insight. You have eyes in your heart akhi, get inspiration from Sayid Khidr.

[Arabmann]

^ It's not personal, its called using your spiritual insight. You have eyes in your heart akhi, get inspiration from Sayid Khidr.

Who is Sayid Khidr?

[ZubeirAwal]

^ It's not personal, its called using your spiritual insight. You have eyes in your heart akhi, get inspiration from Sayid Khidr.

Who is Sayid Khidr?

The great teacher who took Nabi Musa on a trail of patience, don't you know?,
Imam Bukhari reports that Khiḍr got his name after he was present over the surface of some ground that became green as a result of his presence there. There are reports from Al-Bayhaqi that Khiḍr was present at the funeral of Muhammad (S A W) and was recognized only by Abu Bakr and Ali from amongst the rest of the companions, and where he came to show his grief and sadness at the passing away of the Prophet. Khiḍr's appearance at Prophet Muhammad's funeral is related as follows: A powerful-looking, fine-featured, handsome man with a white beard came leaping over the backs of the people till he reached where the sacred body lay. Weeping bitterly, he turned toward the Companions and paid his condolences. Abu Bakr and Ali said that he was Khiḍr.

He has immense knowledge given to him by Allah (swt) he is allah's Cabd, and he taught nabi musa a few lessons on patience.

"The 18th sura ("The Cave") presents a narrative where Khidr accompanies Moses and tests him about his oath to not ask any questions."

[grandpakhalif]

^ It's not personal, its called using your spiritual insight. You have eyes in your heart akhi, get inspiration from Sayid Khidr.

Who is Sayid Khidr?

Khidr is a man whom Moses met in the forest, featured in Surat Kahf.

Mainstream scholars differ on whether he was a Prophet or simply a notable man in front of Allah.

Suufis have a corrupted belief that this man is still alive and can see the future, revealing it too Suufi tariqahs. its a very corrupted idea.

[ZubeirAwal]

^ He was a teacher of the prophet musa, Sufis take inspiration of him, if he lived from the time of moses and was present at the funeral of habiiballah (saw) why would he die now?. Protestant Islam (salafis) are ignorant because they believe no more knowledge can come out of the qur'an after the aslaf of the 3rd generation.

The Qur'an is the past , present, and the future.

[Somaliman50]

abukarsubeer, explain your last sentences, why is one ignorant on how can there be a limitation of knowledge that is from the qur'an?

[Arabmann]

Khidr is a man whom Moses met in the forest, featured in Surat Kahf.

I read Surat Kahf every Friday. Is he the man who is patient with Moses (calayhi salaam) for 2 times, but leaves him on the 3rd time when Moses (calayhi salaam) fails the tests?

[ZubeirAwal]

Khidr is a man whom Moses met in the forest, featured in Surat Kahf.

I read Surat Kahf every Friday. Is he the man who is patient with Moses (calayhi salaam) for 2 times, but leaves him on the 3rd time when Moses (calayhi salaam) fails the tests?

Yes thats sayid khidr, people see him in their dreams, he is spiritual and has great knowledge, a role model.

abukarsubeer, explain your last sentences, why is one ignorant on how can there be a limitation of knowledge that is from the qur'an?

Sxb it ain't no secret that Salafis say that no one can interpet a ayah, even if it hasn't been interpeted by the aslaf, this is bogus because the qur'an that was revelead 1,400 years ago had information about things going on today, which today fits in perfectly, the salafis now believe reading the quran LITERALY, is the best way to read it, in my way every AYAH can have hundreds of meanings the qur'an is a rich text , it is the words of Allah (swt).