Forget Trump: The Military-Industrial Complex is Still Running the Show With Russia

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As the media fulminates, they fail to see how Trump has kept the usual machinery running.

President Donald Trump has strengthened, not weakened, American military and economic opposition to Russian President Vladimir Putin. That fact has been mostly unreported and it is of the utmost importance. Irrespective of what Trump harrumphs about NATO or Vladimir Putin, the multi-trillion-dollar military-industrial-counterterrorism complex (MICC) rules American-Russian relations as it has for seven decades. And the nightmare of the MICC is not to lose a friend, but to lose an enemy.

Fake news is fixated on personalities. Authentic news understands that nations have no permanent friends or enemies, only permanent interests. The executive branch in particular has a permanent interest in exaggerating threats to augment its own power and to order up more superfluous military spending. Continue reading

The U.S. Dollar: A Victim of Its Own Success

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America’s most powerful weapon of war does not shoot, fly or explode. It’s not a submarine, plane, tank or laser. America’s most powerful strategic weapon today is the dollar.

The U.S. uses the dollar strategically to reward friends and punish enemies. The use of the dollar as a weapon is not limited to trade wars and currency wars, although the dollar is used tactically in those disputes. The dollar is much more powerful than that.

The dollar can be used for regime change by creating hyperinflation, bank runs and domestic dissent in countries targeted by the U.S. The U.S. can depose the governments of its adversaries, or at least blunt their policies without firing a shot. Continue reading

Russia And India Ditch Dollar In Military Deals

With the US increasingly willing to use the dollar, and SWIFT, as a strategic weapon against the country’s sovereign enemies (as Iran learned every 5 or so years), Russia and India are preparing to bypass US sanctions on Moscow by using the rupee and the ruble in bilateral trade involving military deals, the Economic Times reported.

Some $2 billion in weapons deals between India and Russia have been hit as a result of the recent US sanctions, as payments get stuck. The countries are seeking to bypass such monetary bottlenecks this by switching to settlements in domestic currencies and ditching the greenback. Continue reading

Russia Finance Minister: We Are Ready To Ditch The Dollar In Favor Of The Euro

In a testament to the success of the latest Trump sanctions against Russia, overnight Russian aluminum giant Rusal announced that its chief executive, Aleksandra Buriko, and half of its managerial board resigned to make sure the firm avoids U.S. sanctions against its founder, billionaire oligarch, Oleg Deripaska. The mass resignations were part of “the efforts that have been made by the management of the group to protect the interests of the company and its shareholders” since the sanctions were imposed last month, Rusal said in a May 24 statement.

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In Face of a Global Trade War

BERLIN/WASHINGTON (Own report) – The EU announced its first defensive measures against US plans to penalize European companies’ business engagements with Iran, by reactivating the 1996 “Blocking Statute.” That law prohibits companies from terminating their business engagements with Iran, to avoid severe penalties in the United States. Some companies from Germany and other EU countries have already announced that they will cancel their contracts with Tehran to avoid endangering their business ventures in the US. German companies, involved in profitable ventures with Russia, could be facing a similar situation. Washington threatens to demand that businesses from Germany and the EU comply also with the April 6 sanctions announced by US President Donald Trump, against some Russian oligarchs and their companies. According to government advisors, German Russia-oriented businesses are “virtually panicking” because of the escalation of a global trade war.

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Turkish actor in US admits selling nuclear technology material to Iran

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A former Turkish actor, detained in New York for illegally selling to Iran a restricted metallic powder used in missile production, pleaded guilty on June 15.

Erdal Kuyumcu, 44, the chief executive of Global Metallurgy LLC, pleaded guilty in a Brooklyn federal court on June 15 to deliberately violating the International Emergency Economic Powers Act (IEEPA), which limits trade with Iran.

The indictment said Kuyumcu collected more than 450 kilograms of cobalt-nickel metallic powder, which is used in aerospace, missile production and nuclear applications, to export them to Iran. Continue reading