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11-19-2007, 02:44 PM #1
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Chavez: 'Empire of Dollar is Crashing'
Chavez: 'Empire of Dollar is Crashing'
MoneyNews
Monday, Nov. 19, 2007
TEHRAN -- Venezuelan President Hugo Chavez said on Monday the "empire of the dollar is crashing", a day after his country and anti-U.S. ally Iran advocated action over the weakening U.S. currency during an OPEC summit in Riyadh.
"Soon we will not talk about dollars because the dollar is falling in value and the empire of the dollar is crashing," he told reporters in Tehran. His comments in Spanish were translated into Farsi.
"Naturally, by the crash of the dollar, America's empire will crash," Chavez said.
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