observer wrote:Selective Quotations, but you can read the whole thing here.
http://en.rian.ru/business/20091028/156617011.html
"ANKARA, October 28 (RIA Novosti) - Turkey is switching to national currencies in trade with Iran and China, ending dependence on the U.S. dollar and the euro for about 20% of its commodity turnover, local media reported on Wednesday.
Turkey has already switched to settlements in national currencies with Russia amid weakening confidence in the greenback as the world's major reserve currency. The move was initiated by Turkish President Abdullah Gul during his visit to Moscow in February.
According to the paper, Turkey's trade with Russia, Iran and China exceeds $65 billion a year. Russia is Turkey's largest trade partner, with $37.8 billion commodity turnover registered last year.
Britain's Independent newspaper reported in early October that Russian officials had held "secret meetings" with Arab states, China and France on ending the use of the U.S. dollar in international oil trade.
The countries are reportedly seeking to switch from the dollar to a basket of currencies including the euro, Japanese yen, Chinese yuan, gold, and a new unified currency of leading Arab oil producing countries.
The Independent said the meetings have been confirmed by Chinese and Arab banking sources, although Russian officials said they had no knowledge of the talks."
For Turkey to join the EU is so the-day-before-yesterday an idea.
Fine by us, so I guess it's bye bye then???
When do you leave and take all your trash with you.
Come on do us all a favour, so strong is Turkey's 'supposed' alliance with the east that she dribbles the EU?
let's see how tough Turkey is when faced with China, Russia, Iran. Thanks for making me smile today, it has brittened my day to know that our cancer may be cured very soon.