As third US aircraft carrier enters to Asia-Pacific, "the imminent introduction of oil trading in yuan is a very bold move by the Chinese, because the US will not give up the basis of its hegemony – the dollar as the world’s reserve currency – without a fight", Max Keiser, host of RT’s financial program ‘Keiser Report' has said.
"The Chinese plan to roll out a yuan-denominated oil contract before the end of this year is a very brave move, since countries who “tried to exit the oil-dollar matrix have met terrible ends,” Keiser pointed out.
“Saddam Hussein wanted to trade oil in Euros and he was killed, Muammar Gaddafi wanted to trade his energy in something other than the US dollar – he was killed,” Keiser said.
At the same time massive deployments of US-led forces continue to Asia-Pacific. The US Navy has announced that the nuclear powered aircraft carrier USS Nimitz and other warships had entered the Asia-Pacific region to join the US 7th Fleet. Just day before aircraft carrier USS Theodore Roosevelt entered the waters, where already is deployed aircraft carrier USS Ronald Reagan.
More latest from RT News:
DONi News Agency