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.

 

https://www.zerohedge.com/sites/default/files/inline-images/TIC%20Russia.jpg

 

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

Big Dots. Do They Connect?

https://i0.wp.com/dianawest.net/Portals/0/June%202018/Screen%20Shot%202018-06-25%20at%203.22.13%20PM.png

 

Just came across an intriguing theory about Sergei Skripal, the former Soviet/Russian military intelligence agent who spied for Britain, and, along with his daughter Yulia, was nearly killed this spring by a dose of the nerve agent Novichok in the town of Salisbury, England, where they live.

In a March 21 interview on the John Batchelor Show, Gregory R. Copley, editor and publisher of Defense and Foreign Affairs, posited that Sergei Skripal is the unnamed Russian intelligence source in the Steele dossier.

Copley further explained (or tried to explain) to Batchelor (who kept cutting him off): “The people who wished to see Skripal become quiet were people in Washington, the Democratic National Committee, the Clinton campaign, and people around Christopher Steele himself. I’m not saying necessarily that MI6 or the British government had a witting hand in it, but there are too many people who had an axe to grind to make sure that Skripal did not –“ Continue reading

Willingness to Engage in a Power Struggle

LONDON/BERLIN (Own report) – The German government still has no evidence to substantiate serious allegations it used to justify its participation in the mass expulsion of Russian diplomats from several western countries. In its response to a parliamentary interpellation, the government admits it has no findings of its own on the Salisbury nerve gas attack other than the alleged evidence presented by the British government. At the same time, the “arguments” that have been presented so far to suggest Russian guilt are loosing their credibility. The Organization for the Prohibition of Chemical Weapons (OPCW), for example, had to contradict the claim of its director general that up to a half-cup of novichok was used in Salisbury. The assumption that only Russia could have produced the neurotoxin has been refuted, since it became known that Germany had also been in possession of the agent. These unproven allegations show, more than anything else, an unrestrained willingness to escalate the power struggle with Moscow. Continue reading