IRAN TO REPLACE DOLLAR WITH EURO FOR DEALS
December 19, 2006
TEHRAN: Iran yesterday announced it has ordered the central bank to use euros for foreign transactions and transform the state's dollar-denominated assets held abroad into the single European currency."The government has ordered the central bank to replace the dollar with the euro to limit the problems of the executive organs in commercial transactions," government spokesman Gholam Hossein Elham told reporters.
US Ponders "Show Of Force Against Iran"
December 20, 2006
The AP reports the Pentagon "is considering a buildup of Navy forces in the Persian Gulf as a show of force against Iran." Fox News' Special Report quoted unnamed senior Defense officials who confirm the administration may send a second aircraft carrier battle carrier group to the Persian Gulf. FNC notes analysts say a second aircraft carrier could "provide air support for additional US troops in Iraq should the president decide to 'surge' thousands more into the country as senior administration officials have told Fox he's become increasingly inclined to do."