<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/243cbc31-5771-423d-bcc2-fc5c5309ceab/180AAF09-F17C-49C7-81C0-B34E971D090B/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.businessweek.com/globalbiz/content/may2009/gb20090531_143927.htm" href="http://www.businessweek.com/globalbiz/content/may2009/gb20090531_143927.htm" style="font-size: 11px;">www.businessweek.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessweek.com/globalbiz/content/may2009/gb20090531_143927.htm"><H3>stepping up pressure on the dollar</H3></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessweek.com/globalbiz/content/may2009/gb20090531_143927.htm">China is also pushing for a larger international role for its currency, which would by necessity weaken the leading global role the U.S. dollar now plays</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessweek.com/globalbiz/content/may2009/gb20090531_143927.htm">in recent months, Beijing has signed a series of currency-swap agreements with trading partners, including Malaysia, South Korea, and Argentina. Although still limited in scale, these moves allow the countries to<A href="http://www.businessweek.com/print/magazine/content/09_23/b4134024721528.htm"> trade in their own currencies</A> rather than with the U.S. dollar as an intermediate currency. "This is the beginning of the end for the U.S. dollar if you look at the bigger historical trend," says Wenran Jiang, a professor of political science at the University of Alberta, who concedes that it could take years for the yuan to become fully convertible and really rival the dollar. "There will be resistance from the U.S., of course. The U.S. doesn't want to give up the special role for the dollar." </blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/180AAF09-F17C-49C7-81C0-B34E971D090B/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

New from the makers of Clipmarks:  Amplify.com - Don't just share the news...Amplify it!