Coup Attempt in Caracas

 

CARACAS/BERLIN (Own report) – Serious allegations are being raised against a partner cooperating with Germany’s Friedrich Naumann Foundation (FDP) in the context of an attempted putsch: The US Bloomberg news agency has reported that opposition officers had planned to storm the presidential palace in Caracas, capture President Nicolás Maduro and stop the May 20 presidential elections. The conspiracy was discovered and several putschists were arrested in mid-May. According to Venezuela’s military prosecutor’s investigations, an opposition politician María Corina Machado was involved in the attempted coup. Machado, who is said to be very popular within the military, denies the allegations. She is the leader of the “Vente Venezuela” party, which joined the “RELIAL” network last fall. The network was initiated and is backed by the Friedrich Naumann Foundation (FDP) and includes several parties who, in the past, have overthrown or attempted to overthrow democratically elected governments, for example in Honduras (2009) and in Paraguay (2012).

Continue reading

U.S. withdraws from ‘self-serving’ UN Human Rights Council

https://i2.wp.com/www.worldtribune.com/wp-content/uploads/2018/06/hleyrights.jpg

U.S. Ambassador to the UN Nikki Haley

 

The United States on June 19 said it withdrew from the UN Human Rights Council after an unsuccessful effort to reform the council.

When a so-called Human Rights Council cannot bring itself to address the massive abuses in Venezuela and Iran, and it welcomes the Democratic Republic of Congo as a new member, the council ceases to be worthy of its name,” U.S. Ambassador to the UN Nikki Haley said.

Haley said the “self-serving” council “in fact, damages the cause of human rights.” Continue reading

Iran-Backed Terrorists Infiltrate Latin America

 

Terrorists and other criminals are laundering $43 billion a year in the Tri-Border Area.

An Iranian-backed terrorist group is laundering money in the Tri-Border Area of Latin America, according to a report published Tuesday. Such illicit activities in the region straddling the intersection of Argentina, Brazil and Paraguay have long been a source of concern for United States security officials. Continue reading

Another Step Towards Collapse of Petrodollar

Note: Please see the source for currency swap agreements chart.

 

image/youtube screen grab

 

For the past year and half a major topic throughout the alternative press has been the new Chinese oil futures contract settled/priced in yuan. The fact that China is directly challenging the Federal Reserve Note, U.S. dollar, is quiet a significant change. For those that have been paying attention this new futures oil contract is nothing more than the next step in China moving completely away from the Federal Reserve Note, and the “world reserve currency” system and towards a multi-polar world with several currencies being used for international trade. Continue reading

Gold Leaving US Vaults: Signs of Upcoming Currency War and Armed Conflict

Gold Leaving US Vaults: Signs of Upcoming Currency War and Armed Conflict

 

The Turkish government has made the decision to repatriate all of its gold reserves that are currently housed in the US Federal Reserve System (FRS). Overall Turkey was storing 220 tonnes, valued at $25.3 billion, in the US, which it repossessed on April 19, 2018.

Turkey’s President Recep Tayyip Erdogan has toughened his stance against the US dollar (USD), declaring that international loans should be made in gold instead of the American currency. Ankara is seeking to reduce dependence on the US financial system. The gold’s homecoming was partly prompted by the US threats to impose sanctions if Turkey goes through with the signed deal to purchase Russian S-400 missile defense systems. Continue reading

‘Breathtaking homicidal violence’: Latin America in grip of murder crisis

https://i.guim.co.uk/img/media/3b8ea223b9a69568d6d366d111cb069464a42d40/0_117_3504_2102/master/3504.jpg?w=1920&q=55&auto=format&usm=12&fit=max&s=17f2af7b96f790c7c9e29b323df3fb81

An activist paints the silhouette of a murder victim at the Coque slum in Recife, Brazil. The report’s authors fear voters may look to strongman-style populists to solve the crisis. Photograph: Eraldo Peres/AP

 

Region has experienced 2.5 million murders since 2000 and report paints bleak picture of extreme violence and deteriorating security

Latin America has suffered more than 2.5m murders since the start of this century and is facing an acute public security crisis that demands urgent and innovative solutions, a new report warns.

“The sheer dimensions of homicidal violence are breathtaking,” says the report by the Igarapé Institute, a Brazil-based think tank focused on security and development issues. Continue reading

Turkey Will Repatriate All Gold From The US In Attempt To Ditch The Dollar

 

After VenezuelaGermanyAustria and the Netherlands prudently repatriated a substantial portion (if not all) of their physical gold held at the NY Fed or other western central banks in recent years, this morning Turkey also announced that it has decided to repatriate all its gold stored in the US Federal Reserve and deliver it to the Istanbul Stock Exchange, according to reports in Turkey’s Yeni Safak. It won’t be the first time Turkey has asked the NY Fed to ship the country’s gold back: in recent years, Turkey repatriated 220 tons of gold from abroad, of which 28.7 tons was brought back from the US last year.

According to the latest IMF data, Turkey’s gold reserves are estimated at 591 tons, worth just over $23 billion. This makes Ankara the 11th largest gold holder, behind the Netherlands and ahead of India. Continue reading

American Grid System Gears Up For Cybersecurity Upgrade

Cyber

 

The American grid system is getting a cybersecurity upgrade, a new Reuters article reports.

The Department of Energy announced a program on Wednesday to protect the nation’s power grid from cyberattacks and natural disasters. Continue reading

Exclusive: FBI Confirms Jihadi Training Camps in America

This knife was one of the many weapons found in the Fuqra compound in Colorado

This knife was one of the many weapons found in the Fuqra compound in Colorado (Photo: video screenshot)

 

Newly-released FBI documents obtained by Clarion Project confirm Clarion’s reports that Jamaat ul-Fuqra is training members in isolated communes across America and Canada.

The group’s “Islamberg” headquarters in upstate New York is its most well-known “Islamic village.”

Fuqra, which now goes by the name of the Muslims of the Americas (MOA) among other titles, is a cultish Islamist group with a history of crime and terrorism. The group is led by Sheikh Mubarak Ali Gilani in Pakistan. Continue reading

Meanwhile, in Mexico, the murder rate set records but compared to Venezuela it’s a safe haven

Venezuela has been hit with violent protests over food shortages and the region’s highest murder rate.

 

The arrival of a new year is accompanied by new murder statistics from the previous year in Mexico. It is a grisly tally, to be sure. One can always hope it will be lower than the previous year. Sadly, that didn’t occur this past year.

As reported by CNN, “Soaring levels of drug-related violence made 2017 Mexico’s most murderous year on record, according to government statistics released Sunday [Jan. 21st]. There were 25,339 homicides in Mexico last year, a 23 percent jump from 2016 and the highest number since at least 1997, the year the government began tracking the data. Continue reading

Iran and Russia Just Revealed How They’ll Upend the Petrodollar

 

Iran and Russia just took a page out of Venezuela’s playbook.

Like Caracas announced on Dec. 4, Moscow and Tehran are looking into cryptocurrencies as a means of upending the U.S. petrodollar’s reign over the global oil market, Cointelegraph reported on Dec. 11.

For its part, crypto’s rise in popularity of late does make for an enticing investment choice, especially with Bitcoin’s 150% surge over the past month. Continue reading

Russia May Turn To Cryptocurrencies For Oil Trade

Putin

 

Russia may be looking to use cryptocurrencies for oil trade to avoid payments in U.S. dollars and limit the impact of the U.S. sanctions, Russia’s government-backed outlet RT reports.

The bitcoin mania—on which the jury is still out whether it will be the biggest bubble in history or a success—could be a “fresh catalyst” for countries that want to ditch the U.S. dollar in oil trade, according to Stephen Brennock, an oil analyst at PVM Oil Associates. Continue reading

OPEC’s Clash With U.S. Oil Is Nearing Its Day of Reckoning

 

  • Strategy of cartel has helped to deplete half surplus stocks
  • Bolstering prices is emboldening American shale-oil drillers

The clash between OPEC and America’s oil industry is reaching a day of reckoning.

The U.S. shale revolution is on course to be the greatest oil and gas boom in history, turning a nation once at the mercy of foreign imports into a global player. That seismic shift shattered the dominance of Saudi Arabia and the OPEC cartel, forcing them into an alliance with long-time rival Russia to keep a grip on world markets. Continue reading

Cracks in Dollar Are Getting Larger

 

Many Daily Reckoning readers are familiar with the original petrodollar deal the U.S made with Saudi Arabia.

It was set up by Henry Kissinger and Saudi princes in 1974 to prop up the U.S. dollar. At the time, confidence in the dollar was on shaky ground because President Nixon had ended gold convertibility of dollars in 1971.

Saudi Arabia was receiving dollars for their oil shipments, but they could no longer convert the dollars to gold at a guaranteed price directly with the U.S. Treasury. The Saudis were secretly dumping dollars and buying gold on the London market. This was putting pressure on the bullion banks receiving the dollar. Continue reading

Oil Rich Venezuela Stops Accepting Dollars

Source: The Burning Platform

 

  • President Maduro ‘ Venezuela will create a basket of currencies to free us from the dollar,”
  • Oil traders ordered to stop accepting U.S. dollar in exchange for crude oil
  • Order comes following calls from Russia and China to find alternatives to current reserve system
  • U.S. Dollar accounts for two-thirds of global trade
  • Venezuela has over ten-times more oil than United States
  • Super powers are gradually turning to gold to avoid using world’s main reserve currency
  • Are we seeing the beginning of the end for the U.S. dollar?

The oil-rich country of Venezuela has stopped accepting the U.S. Dollar as payment for oil.

Last week President Maduro warned that the country would this week ‘free’ itself from the US dollar. Continue reading