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Email this article: Threat to Hormuz shipping seen receding
Posted: Tue January 10, 2012 12:22 pm
INTERNATIONAL. "I don't think one can completely discount the risk because the authorities may not control all the factions...but I think that they understand the risks that they run."
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INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
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