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

Iran’s currency plummets further to 112,000 rial per dollar

The Iranian rial plunged to 112,000 for each US dollar Sunday on unofficial markets, a further decline from 97,500 rials on Saturday. Another 29 people were arrested on charges of disrupting the economy and corruption. With tougher sanctions in store, the outlook is bleak. Continue reading

World War 3: Trump is about to pull off something ‘VERY BIG’ against Iran, says US senator

Note: Please see the source for the video.

 

WORLD WAR 3 fears have been sparked this week following a series of threats between US President Donald Trump and Iranian President Hassan Rouhani – but one US senator has said President Trump is about to pull off something “very big”.

US Republican Senator Lindsey Graham warned Iran is the “biggest threat” to America and insisted Donald Trump is ready to “bring the Iranian regime down”.

Speaking on Fox News, Mr Graham said: “This is the worst regime in the world in terms of threats.

Continue reading

Germany Encouraging India to Buy Iranian Oil

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(Photo Credit: Office of Prime Minister of India)

 

Foreign minister says it would be a ‘very important statement’ if New Delhi ignored President Trump’s sanctions.

Germany’s obsession with Iran’s oil—and opposing President Donald Trump—today went from merely taking care of its own interests to becoming an outright salesman for the Islamic Republic to other countries. Continue reading

Iranian President Reopens Nuclear Plant: “We Will Bring The US To Its Knees”

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Iranian president Hassan Rouhani said on Wednesday: “We will bring the US to its knees in this battle of wills.” The Iranian government is continuing to warn of harsh retaliation against the United States after the Trump administration pulled out of the 2015 nuclear agreement.

According to PressTV, the threat comes as Washington continues to attempt to bully its allies into halting imports of Iranian oil after Donald Trump unilaterally quit the cornerstone international nuclear agreement instituted by his predecessor, Barack Obama.  Iran has previously said there would be consequences should the US decide to withdraw from the agreement. Continue reading

Iran tells UN it will hike uranium enrichment capacity, possibly from Wednesday

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Head of Iran’s Atomic Energy Organization Ali Akbar Salehi, who is also a member of Iran’s nuclear negotiating team, speaks with journalists upon his arrival to Mehrabad Airport in Tehran, Iran, July 15, 2015 (AP/Ebrahim Noroozi)

 

Tehran’s atomic agency chief says new center for producing centrifuges is about to open at Natanz, insists it doesn’t violate nuke deal

Iran has notified the International Atomic Energy Agency that it has launched a plan to increase its uranium enrichment capacity, nuclear chief Ali Akbar Salehi said Tuesday. Continue reading

Obama Allies Scheme to Kneecap Trump’s New National Security Team

Fred Fleitz

 

Organizations and individuals entrenched in the Obama administration’s pro-Iran echo chamber are engaging in a new plot to defame top White House national security officials, a campaign that mirrors a successful effort by these same groups to oust former Trump administration National Security Adviser Michael Flynn, according to sources familiar with the new effort.

After targeting Flynn, Secretary of State Mike Pompeo, and former senior Trump adviser Sebastian Gorka, organizations closely tied to the Obama administration are setting their sites on National Security Adviser John Bolton and his newly formed team. Continue reading

Iran’s Demands: Europe Must Guarantee It Will Buy Iranian Oil

Khamenei

 

Iran’s Supreme Leader Ayatollah Khamenei has issued five demands to the European Union (EU)—including Europe guaranteeing Iran’s oil will be completely sold—that European leaders could find quite difficult to meet.

“Iran will resume halted nuclear activities if Europe fails to provide guarantees,” Ayatollah Khamenei said, a week after the EU said that it would act to protect the interests of EU companies investing in Iran as part of the European bloc’s continued commitment to the Joint Comprehensive Plan of Action (JCPOA), commonly known as the Iran nuclear deal. Continue reading

EU Could Switch To Euros In Oil Trade With Iran

Oil tanker

 

The European Union (EU) is considering switching to euros instead of U.S. dollars in the oil trade with Iran, Sputnik reported on Wednesday, quoting a diplomatic source.

Iran, for its part, said as early as in mid-April that it would be switching to euros from U.S. dollars in reporting foreign currency amounts, to reduce the reliance on the dollar as it was expected that President Trump would not waive the sanctions this time around.

The EU vowed on Tuesday to seek ways to work and trade with Iran. Continue reading

Iran Threatened To Name Politicians Who Took Bribes To Pass Nuclear Deal

 

President Trump announced early this week that the US will withdraw from the deceptive Iranian nuclear deal. President Trump made his position on the terrible Iran deal clear during his 2016 campaign.

This didn’t stop former Secretary of State John Kerry from acting as a rogue government agent against the Trump administration, in order to redeem the lame deal with the oppressive Iranian regime. Continue reading

Can US Russian Sanctions Start A Financial Crisis?

 

The US sanctions against Russia are pointless and are placing the West at risk the politicians are too stupid to even comprehend. Already, some Russian companies have asked the government for liquidity injections of up to $2 billion. Even the world’s second-largest aluminum producer Rusal has asked for help. Nevertheless, the impact of sanctions goes beyond the internal borders of Russia for they also impact the international financial markets. Continue reading

Trump Admin Preparing to Kill Iran Nuclear Deal If Europeans Refuse to Fix Agreement

Donald Trump

Getty Images

 

Insiders worry Trump admin will cave to Europeans

The Trump administration is laying the groundwork to abandon the landmark nuclear deal with Iran if European allies fail to fix the agreement and close key loopholes that have allowed the Islamic Republic to continue sensitive nuclear research and develop advanced ballistic missiles, according to senior administration officials and top lawmakers who spoke to the Washington Free Beacon about sensitive ongoing diplomatic talks.

Senior Trump administration officials have been pressuring European allies to agree to a range of fixes to the nuclear deal that would address Iran’s military intervention across the Middle East, as well as its ongoing efforts to develop advanced ballistic missile technology that could be used to carry a nuclear weapon. Continue reading

Official warns Iran will withdraw from nuclear deal if ‘no economic benefit’

Iranian Deputy Foreign Minister Abbas Araqchi / YJC

 

Iran has threatened to withdraw from the landmark 2015 nuclear deal with world powers if there is no economic benefit from it and major banks continue to fail to do business with Tehran. Continue reading

Get real: U.S. commander in Korea says Kim in hot pursuit of unified communist nation

Adm. Harry Harris. / AP

 

Kim Jong-Un has put on a charm offensive at the Winter Games while extracting money from South Korea under the guise of reunification, the leader of U.S. Pacific Command said.

But the North Korean leader’s goal goes beyond preventing regime change, he said. Rather, he is focused on the ultimate goal of a “single, communist system” on the Korean Peninsula.

Adm. Harry Harris told the House Armed Services Committee on Feb. 14 that he does not agree with the prevailing view that Kim is building a nuclear arsenal to safeguard his regime only. Continue reading

Report: China Moves 300,000 Troops Closer to North Korean Border

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China is reportedly moving missile defense batteries and troops closer to its border with North Korea, a potential sign that Beijing anticipates either a large refugee wave north or a military disturbance triggered by the belligerence of communist dictator Kim Jong-un.

The South Korean newspaper Chosun Ilbo cited Radio Free Asia (RFA) in a report Monday, stating that RFA had compiled evidence that China had “late last year deployed another missile defense battery at an armored division in Helong, west of Longjing in the Yanbian Korean Autonomous Prefecture.”

The “North Korean source in China” speaking to RFA also noted that Pyongyang had observed the movement of 300,000 troops closer to the North Korean border and “missile defense batteries near North Korean reservoirs by the Apnok and Duman rivers.” The batteries would prevent the violent outpouring of those reservoirs into China in the event of an airstrike. Continue reading