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Note: The following text is a quote: Home • Briefing Room • Presidential Actions • Executive Orders The White House Office of the Press Secretary For Immediate Release October 29, 2009 President Obama Signs Executive Order to Amend Executive Order 13462 THE WHITE HOUSE Office of the Press Secretary __________________________________________________________________________ For Immediate Release October 28, 2009 EXECUTIVE ORDER ---------------- AMENDING EXECUTIVE ORDER 13462 By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered as follows: Section 1. Executive Order 13462 of February 29, 2008, is amended...

Could the proposed Iranian oil bourse (IOB) become the catalyst for a significant blow to the influential position the US dollar enjoys? Manifold supply fears have driven the price of crude oil to its recent high of US$67.10 - only a notch below its highest price in inflation-adjusted dollar terms. With the world facing a daily bill of roughly $5.5 billion for crude oil at current price levels, it becomes apparent that sellers and purchasers of the black gold are looking into all ways that could lead to a financial improvement on their respective sides. Non-US-dollar holders so far have...