Nevertheless, Norway announced last week that the new flagship of its merchant marine, the Oslofjord, is a peace ship and inconvertible to war purposes.
With the dollar inconvertible into gold, Europe's finance ministers and central bankers see few feasible alternatives to controls.
In China, the capitalist Communists crouch behind their new Great Wall, an inconvertible yuan, only to struggle with an economic rot that cannot stay .
Chris Skrebowski in Wall Street Journal The IEA is always conflicted by political pressures,said Chris Skrebowski, a London-based oil analyst who keeps his own database on big petroleum projects around the world. "In this case I think they want to make as inconvertible as...