Iran news, opec

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presstv shiatv irna/en
President Mahmoud Ahmadinejad said on Sunday that devaluation of American dollar has left negative impacts on OPEC and global economy. President Ahmadinejad made the remarks in the third annual summit of Organization of Petroleum Exporting Countries (OPEC) in Saudi Arabian capital of Riyadh on Sunday. Due to devaluation of American dollar in international and oil transactions, it is necessary to replace American dollar with another major hard currency. The Iranian president called for drawing up of a comprehensive plan for OPEC and establishment of an specialized bank called "OPEC Bank" to safeguard the hard currencies of OPEC member states.

Channel: News & Politics
Uploaded: November 18, 2007 at 11:30 am
Author: Kumail12

Length: 00:10:25
Rating: 4.12
Views: 3323

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Video Comments:
Ecothearcy (February 7, 2008 at 12:47 pm)
see the video
James Dobson: OPEC and Godless Radical Islam
chewbaca1989 (February 5, 2008 at 10:39 pm)
Thanks for translating. I am interested in seeing Iranians speak. I am tired of the propaganda of the MSM in America.