{"id":7465,"date":"2009-03-24T11:19:29","date_gmt":"2009-03-24T16:19:29","guid":{"rendered":"http:\/\/karmalised.com\/?p=7465"},"modified":"2009-03-24T17:52:20","modified_gmt":"2009-03-24T22:52:20","slug":"jeremy-gaunt-un-panel-says-world-should-ditch-dollar","status":"publish","type":"post","link":"http:\/\/karmalised.com\/?p=7465","title":{"rendered":"Jeremy Gaunt: U.N. panel says world should ditch dollar"},"content":{"rendered":"

by Jeremy Gaunt, Reuters<\/em>, 18 March 2009<\/a><\/strong><\/p>\n

Luxembourg (Reuters)<\/strong> – A U.N. panel will next week recommend that the world ditch the dollar as its reserve currency in favor of a shared basket of currencies, a member of the panel said on Wednesday, adding to pressure on the dollar.<\/p>\n

Currency specialist Avinash Persaud, a member of the panel of experts, told a Reuters Funds Summit in Luxembourg that the proposal was to create something like the old Ecu, or European currency unit, that was a hard-traded, weighted basket.<\/p>\n

[Read the report<\/a>]<\/strong><\/p>\n

Related<\/em>:
\nChina, Others, Urge Move Away From Dollar As Reserve Currency<\/a><\/strong> <\/p>\n

Updated @ 1751 on 24 March<\/em>:
\nGeithner Plan Will Rob US Taxpayers: Stiglitz<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

by Jeremy Gaunt, Reuters, 18 March 2009 Luxembourg (Reuters) – A U.N. panel will next week recommend that the world ditch the dollar as its reserve currency in favor of a shared basket of currencies, a member of the panel … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-7465","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pdXTf-1Wp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/karmalised.com\/index.php?rest_route=\/wp\/v2\/posts\/7465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/karmalised.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/karmalised.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/karmalised.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/karmalised.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7465"}],"version-history":[{"count":4,"href":"http:\/\/karmalised.com\/index.php?rest_route=\/wp\/v2\/posts\/7465\/revisions"}],"predecessor-version":[{"id":7480,"href":"http:\/\/karmalised.com\/index.php?rest_route=\/wp\/v2\/posts\/7465\/revisions\/7480"}],"wp:attachment":[{"href":"http:\/\/karmalised.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/karmalised.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7465"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/karmalised.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}