Russia Finance Minister: We May Abandon Dollar In Oil Trade As It Is Becoming “Too Risky”

Breaking the tie between oil and the U.S. Dollar means the collapse of the U.S. Dollar as the world reserve country. Collapsing of the U.S. Dollar as world reserve currency means the collapse of America. Ghadaffi attempted it, as well as Saddam Hussein and look how that worked out for them. Iran, Syria, China, Russia all want to. Economic warfare always precedes a hot war, in case you were wondering what’s around the corner.

 

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One month ago, the bond market and political pundits did a double take when according to the latest Treasury International Capital report, Russia had liquidated virtually all of its US Treasury holdings, selling off the bulk of its US government bonds in just two months, March and April.

And with the US threatening to impose a new set of “crushing” sanctions on Russia, including in retaliation for the alleged Novichok nerve gas attack in the UK, Russia not only intends to continue liquidating its US holdings, but to significantly reduce its reliance on the US Dollar. Continue reading

The ingredients for civil war

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Donald Trump’s unexpected victory in the US Presidential Election and the Brexit win here in 2016 brought the social divisions of both countries to the fore.

James Bartholomew was quick to highlight the dangers of Britain’s new great divide. In a Spectator article after the EU referendum result, he showed how it had exposed a split Britain – geographically between city and country, and socio-economically between the haves and the have-nots; and one overarching divide: between the metropolitan elite and the rest.

Changes brought about by globalisation and large-scale immigration had affected different classes in contrasting ways. Continue reading

Crime Rate In The U.K. Soars While 90% Of Recorded Crime Goes Uncharged

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Homicide and crime rates – including sexual assaults, and knife and gun attacks – continue to rise in the United Kingdom, with 90% of recorded offenses not ending in charges.

report published last week lays bare the shocking numbers – crimes resulting in charges sat at 11%, with the percentage falling two points in just a year to 9%; down from 15% in 2015.

Since March of this year and the 12 months before, only 443,000 crimes out of 4.6 million recorded resulted in charges. Continue reading

US Preparing To Bomb Iran’s Nuclear Capabilities As Soon As Next Month: Report

When you hear of wars and rumors of wars, do not be alarmed. Such things must happen, but the end is still to come.

Mark 13:7

 

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As the White House convenes a policy meeting on Iran Thursday involving senior Pentagon officials and cabinet advisers under national security adviser John Bolton, and after a week of intense saber-rattling by President Donald Trump and his Iranian counterpart Hassan Rouhani, a new bombshell report by Australia’s ABC says the White House is drawing up plans to strike Iran’s alleged nuclear facilities as early as next month.

Senior figures in the Australia’s Turnbull government have told the ABC they believe the US is prepared to bomb Iran’s nuclear capability. The bombing could be as early as next month. —ABC report Continue reading

When the US Invaded Russia

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Amid the bi-partisan mania over the Trump-Putin Summit in Helsinki, fevered, anti-Russian rhetoric in the United States makes conceivable what until recently seemed inconcievable: that dangerous tensions between Russia and the U.S. could lead to military conflict. It has happened before.

In September 1959, during a brief thaw in the Cold War, Nikita Khrushchev made his famous visit to the United States. In Los Angeles, the Soviet leader was invited to a luncheon at Twentieth Century-Fox Studios in Hollywood and during a long and rambling exchange he had this to say:

Your armed intervention in Russia was the most unpleasant thing that ever occurred in the relations between our two countries, for we had never waged war against America until then; our troops have never set foot on American soil, while your troops have set foot on Soviet soil.

These remarks by Khrushchev were little noted in the U.S. press at the time – especially compared to his widely-reported complaint about not being allowed to visit Disneyland.  But even if Americans read about Khrushchev’s comments it is likely that few of them would have had any idea what the Soviet Premier was talking about.

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Will Donald Trump Make Germany Great Again?

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German ‘Bundeswehr’ army soldiers pictured at the training ground during the preparations of the ‘Landoperationen 2017’ military exercise in Munster, Germany, (Philipp Schulze/picture alliance via Getty Images)

 

The U.S. president wants Germany to be the world’s third-largest military spender.

United States President Donald Trump agrees a lot with the Trumpet when it comes to world news. Certainly not always. But consider his recent trip to Europe.

He warned that Germany was too close to Russia. Last year we called that alliance “The Russian Alliance You Really Have to Worry About.” He said that Europe is attacking America on trade. Ten years ago, Trumpet editor in chief Gerald Flurry warned that Europe was waging “a quiet but concerted war on American commerce.” President Trump complains that the U.S. spends billions defending Europe. In the 1950s, Herbert W. Armstrong warned that “in spending unprecedented billions of your dollars and mine—tax dollars—preparing Germany and Europe for defense,” America was making a huge mistake.

A few weeks ago, someone wrote in to ask me why I’m so pro-Trump. This is not about being pro-Trump or anti-Trump. We are saying what we have always said—he just happens to be saying it too.

So there was a lot to like about his Europe trip. But there is also a major danger.

Donald Trump’s Europe trip could be a milestone in making Germany great again, and in turning Germany against America. Continue reading

China Working to Boost Role in Middle East

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China’s President Xi Jinping gives a speech during the 8th Ministerial Meeting of China-Arab States Cooperation Forum at the Great Hall of the People in Beijing on July, 10, 2018. (WANG ZHAO/AFP/Getty Images)

 

Growing influence in the region helps China accelerate its Belt and Road Initiative.

Chinese President Xi Jinping delivered remarks in Beijing on July 10 at the eighth ministerial meeting of the China-Arab States Cooperation Forum. Xi’s basic message to the representatives from 21 Arab nations and to the secretary general of the Arab League was that China seeks to become more involved in the Middle East.

He stressed the importance of Sino-Arab relations, saying, “Arab states and China are natural partners.” Continue reading

Did the President Just End Theresa May’s Career?

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He insists his comments to The Sun newspaper critical of the UK prime minister were ‘fake news’ that didn’t demonstrate his complete views.

The United Kingdom’s The Sun newspaper published a report today following an exclusive interview Thursday in which President Donald Trump criticized Prime Minister Theresa May’s approach to Brexit and how it may impact trade with the U.S. Continue reading

Trump Calls the European Union a Foe: ‘What They Do to Us in Trade’

 

President Donald Trump said during a Sunday interview with CBS News anchor Jeff Glor that the European Union is a foe.

“What’s your biggest competitor, the biggest foe globally right now?” Glor asked the president

“Well, I think we have a lot of foes. I think the European Union is a foe, what they do to us in trade,” Trump said. “Now, you wouldn’t think of the European Union, but they’re a foe.” Continue reading

Russia moving into Libya

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Libyan National Army forces, under the leadership of Maj. Gen. Khalifah Haftar, is pushing for a Russian military presence in eastern Libya. (The Washington Times/File) Photo by: Mathieu Galtier

 

U.S. intelligence agencies are closely monitoring Russian military activities in Libya for signs that Moscow may soon build a military base in the divided North African state.

Intelligence reports indicate that Russia is planning to expand its Syrian bases at Tartus and Hemeimeem to Libya.

The possible Russian move into Libya represents the most recent failure stemming from the policies of President Obama that backed Islamist rebels who overthrew and killed Libyan strongman Moammar Gadhafi in 2011.

Mr. Obama has said that the failure to prepare for the aftermath of the ouster of Gadhafi was the worst mistake of his presidency. Secretary of State Hillary Clinton also came under fire for failing to provide security for Americans who were attacked and killed in Benghazi after Gadhafi’s fall. Continue reading

North Korea asked Israel for $1 billion to stop giving missile technology to Iran

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North Korea offered to stop selling missile technology to Iran and other enemies of Israel in exchange for $1 billion in cash from the Jewish state, according to former senior North Korean diplomat who has now defected. The account of the offer can be read in Password from the Third Floor, a book published earlier this year by Thae Yong Ho. Thae, a member of a prominent North Korean family, defected with his wife and children in 2016, while he was serving as a senior member of the diplomatic staff of the North Korean embassy in London. News of Thae’s defection emerged on August 16, 2016, when a South Korean newspaper reported that he had disappeared from London after having escaped with his family “to a third country”. Thae later emerged in Seoul, from where he publicly denounced the North Korean regime. Continue reading

More Dots

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Interesting Twitter thread from “Lycaon” today. It lays out a series of dots (no better use of Twitter than laying out dots) that connects Clintons, various Trump-Russia actors, and money-laundering. I think Lycaon would do well to re-examine Bill Browder’s  hole-pocked alibi as “anti-Putin avenger” but his inclusion of HSBC, presented by a US Senate committee on July 17, 2012 as a money-laundering entity, and James Comey’s arrival at HSBC as director on March 4, 2013, and then, seven months later, Comey’s appointment as FBI director by President Obama is sequencing worth recalling.

In between, of course, HSBC paid a giant fine in exchange for a clean bill of health. Continue reading

The Origin of Contagions lies in the Common Reserve Currency

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The question of money supply and inflation has been erroneously been set in stone predominantly by the debasement of Spain and Britain during the period of Henry VIII. This was really a period where there were various countries and their currency completely relied on the exchange market in Amsterdam, which was based entirely upon their metal content. This period was far less judgmental insofar as we have today where currencies rise and fall purely on anticipation of political events. During the middle ages, this influence of anticipating future value based upon possible political decisions was not readily dominant and the coins of one nation were compared entirely on their metal content.

For example, because of the French at war with Britain, they created a wave of inflation that spread like a contagion to other nations, namely Spain and Italy, because money was commodity based using gold and silver. In this way, there was really a single currency base among nations and the problems of one would be exported to all others by their debasement. Continue reading

Britain’s Navy at Half Strength

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Britain now has fewer than half of the naval vessels it had in 1990, the Telegraph reported on June 21. In that time, there has been a 60 percent decrease in the number of submarines, frigates and destroyers in the Royal Navy, according to a 2013 Ministry of Defense report. The service had two aircraft carriers in 1990: It currently has zero.

Britain’s defense budget has decreased dramatically. Today, Britain’s military spending is a little over half of what it was 25 years ago. Its defense spending has decreased from a Cold War high of 3.8 percent of its gross domestic product to only 2.2 percent, just above the nato minimum.

Despite keeping its nato commitment, Britain has lost its naval supremacy and is “at a historic ebb in firepower,” according to National Interest.

Britain does not recognize the need to maintain its defenses against military threats. Instead, it prioritized funding for foreign aid, the National Health Service and other domestic welfare programs. In the past, health, education and defense spending were equal. But expenditures in these non-defense areas have roughly doubled since 1990. Today, Britain spends almost six times more taxpayer cash on welfare than it does on defense. Continue reading

Coalition of Those Willing to Go to War

PARIS/BERLIN (Own report) – Germany is participating in a new European military formation that was launched yesterday. Originally a French proposal, the European Intervention Initiative (EII) will be open to EU and Non-EU member countries to join. Expanding the existing EU military cooperation (“PESCO”) with a new operational component, the EII should facilitate rapid decisions on joint military interventions. A first meeting of military commanders from the hitherto nine participant states is set for September. The EII includes Great Britain, which plans to continue its military cooperation with the continent, even after Brexit, as well as Denmark. Since the coordination of military interventions is now officially set outside of the EU framework, Denmark can sidestep the opt-out from EU military policy, it had once granted its population. Referred to by experts as a European “coalition of the willing,” it goes hand in hand with the EU Commission’s militarization plans worth billions and the high-cost German-French arms projects.

Continue reading