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Papli
Member since May 2012
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Indian Govt declines any comment on use of Gold to pay for Iranian Oil - Times of India -

Do sovereign nations owe an explanation for independently exercising their national policies? The days of imperial hegemony are over. it may be prudent to look up and reconcile own balance sheets than work out plans and options that may push you further into the 'Red'.

Commented 4471 days ago

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Beginning of the headline :From The Times of India New Delhi Thursday, January 26, 2012 http://timesofindia.indiatimes.com/business/india-business/Gold-for-Iran... A reputed Israeli intelligence Internet site has claimed that India is opting for gold to repay crude oil supplies from Iran. Given the US and EU embargo on Iran, payment in hard currency, such as the US dollar or euro, is very difficult; hence, this barter... Read More

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