Israel asks U.S. foreign aid be paid in EUROS

[Aptrgangr]

Israel asks U.S. foreign aid be paid in EUROS

FYI - the Euro is now worth about 1.4 US Dollars.


Israeli Foreign Minister Tzipi Livni

Secretary of State Rice has acknowledged a communique from Israeli foreign minister Tzipi Levni which requests that all foreign aid payments and loans from the United States be made in Euros rather than in Dollars. Foreign Minister Levni cited the rapidly declining dollar and it's disfavor as a world currency as reasons for the request. "In the spirit of Yom Kippur, the United States will not hold Israel to any agreements obligating them to accept Dollars as payment for their foreigh aid. We will translate our obligations into Euros or whatever currency that best fits Israel's needs" Secretary RIce said in the Friday, Sept 21 announcement.
"We need to place our Israeli obligations at the top of our national prioriy list. Israel should not suffer any inconvenience due to currency fluctuations" said Rice before heading off to Camp David.
A similar request from Egypt was declined last week.

Israel asks U.S. foreign aid be paid in EUROS | Wake Up From Your Slumber

[Menydh]

FYI - the Euro is now worth about 1.4 US Dollars.

FYI, European exports are going to suffer from the strength of the euro currency.

I wonder if Israel's demand for euros may have something to do with a possible forthcoming mass scale currency market speculation.

[Susi]

The Canadian dollar is now worth more than the US dollar (not much more, but still more). ^^ 1 Canadian dollar = 1.0003 U.S. dollars

Take that, America!

This is impressive considering roughly 7 years ago it was around 62-70 cents to the USD. Of course this change isn't reflected in the prices of anything.. :

European exports will suffer. Canadian ones are already (even at the exchange of around 90 cents) and will continue to.

[Almost a Christian]

Apparently the article is a satire ladies and chumps. But the best satire is never without it's real world validity..

[Marcus Marulus]

Originally Posted by Almost a Christian

Apparently the article is a satire ladies and chumps. But the best satire is never without it's real world validity..

Decaying and rotting empires always resemble some kind of satire...

[Errigal]

Originally Posted by Plethon

Decaying and rotting empires always resemble some kind of satire...

I thought of a phrase for it: parody is prophesy. Imagine the most ridiculous extreme of neocon policy and that's what's likely to happen next.