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11/25/2020

Liberty Pulse

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Gulf petro-powers to launch currency in latest threat to dollar hegemony

1 min read

Gulf petro-powers to launch currency in latest threat to dollar hegemony

The Arab states of the Gulf region have agreed to launch a single currency modelled on the euro, hoping to blaze a trail towards a pan-Arab monetary union swelling to the ancient borders of the Ummayad Caliphate.

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