Gulf Arab states are secretly conspiring with several other powerful countries to weaken the US dollar by ending oil-for-dollar trades by 2018, according to a report in Britain’s Independent. The alleged plot calls for purchases to be made instead, in gold, the Japanese yen, the Chinese yuan, the euro or a possible unified Arab currency. The reports says that secret meetings took place between the likes of Japan, China, Russia and several major Arab states to forge the plan.

Gulf Arab states are secretly conspiring with several other powerful countries to weaken the US dollar by ending oil-for-dollar trades by 2018, according to a report in Britain’s Independent. The alleged plot calls for purchases to be made instead, in gold, the Japanese yen, the Chinese yuan, the euro or a possible unified Arab currency. The reports says that secret meetings took place between the likes of Japan, China, Russia and several major Arab states to forge the plan.