PARIS/TEHRAN (Reuters) - Iran is turning to barter - offering gold bullion in overseas vaults or tankerloads of oil - in return for food as new financial sanctions have hurt its ability to import basic staples for its 74 million people, commodities traders said Thursday.
Difficulty paying for urgent import needs has contributed to sharp rises in the prices of basic foodstuffs, causing hardship for Iranians with just weeks to go before an election seen as a referendum on President Mahmoud Ahmadinejad's economic policies.
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2 comments:
This should also be America's policy to some countries, a bushel of wheat for a barrel of oil. Starve the basatards or let them eat their oil, no more free food!
They absolutely refuse to sell their oil for U.S. Dollars.
I don't blame them. The Fed is printing them like there is literally no tomorrow.
Unfortunately, if they don't cave in and begin to accept our worthless currency, they will be murdered. Amerika is very very good at killing people, and the Iranian People know it.
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