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"COLD WAR FOR NUTHING AND ALL ARE SHORT SHEETING THE RUSSIANS VIA CHECHNYA / TALABAN  BLA BLA CAN HAVE CAUSED ECCNOMIC BLOWBACK & TRIP A WIPEOUT  DESPITE BEST LAID PLANS FOR DOWNSIZING ASIA, THEY STILL KEEP SMILING... BLA! BLA ! BLA! COUNT YOU'LL FINGERS ..."

A little news on networking; Putin now, again, rattles the Euro sabel.
Economically speaking, it's certainly a weapon in the WMD category,
only, one could speculate, far less elusive. Chavez would probably not be
particularly opposed, considering the backers of his wannabe assassins,
 and Iran would most likely welcome a sizable reduction in the US war chest.
And Saudi Arabia, with trillions (one in WS and an estimated second trillion
 in other financial institutions) of  dollars sunk into the US economy?

Well, they're now talking with LUKOil and buying more Airbuses. Princes visit
Moscow. So, if the EU becomes a higher, and more stable, bidder, and Bush
then, no doubt, nervously starts barking about the 28 pages of the 911
report that he never released, things could potentially get much nastier.
Points for trying to slow the Beowulf behemoth are anyways awarded.
+ + + + +  
-af
Putin: Why Not Price Oil in Euros?
By Catherine Belton  
Staff Writer


President Vladimir Putin said Thursday Russia could switch its trade in oil
from dollars to euros, a move that could have far-reaching repercussions for
the global balance of power -- potentially hurting the U.S. dollar and
economy and providing a massive boost to the euro zone.

"We do not rule out that it is possible. That would be interesting for our
European partners," Putin said at a joint news conference with German
Chancellor Gerhard Schroeder in the Urals town of Yekaterinburg, where
the two leaders conducted two-day talks.

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