Russian Foreign Minister Sergey Lavrov and Iranian Foreign Minister Hossein Amir-Abdollahian held an important joint press-conference following talks in Moscow.
The links are here: The Ruptly link was on their live stream and now simply shows that the event has concluded. I have not been able to get to the other link, as shortly after the following sanctions news, the Russian Ministry of Foreign Affairs site went down again.
2. Russia just did tit for tat sanctions. This is from various press releases as the Russian Ministry of Foreign Affairs site is down, and so far this cannot be confirmed at source :
Appearing at the top of the 13-name list is President Biden, followed by Blinken and Austin. Joint Chiefs of Staff Chairman Gen. Mark Milley, National Security Advisor Jake Sullivan, CIA Director William Burns, and White House Press Secretary Jen Psaki are also named. Further down the list, former Secretary of State Hillary Clinton and Biden’s son Hunter – whose dealings with a Ukrainian energy firm have previously been questioned and criticized – are also included.
Inclusion on the list denies any of these people entry into the Russian Federation. However, the Kremlin’s statement said that Moscow would not rule out contact with American officials “if they meet our national interests.”
More names will be added to the list “in the near future,” the statement continued, warning that “top US officials, military officials, lawmakers, businessmen, experts and media personalities who are Russophobic or contribute to inciting hatred towards Russia” will also be blacklisted.
Update on Sanctions: Canadian Prime Minister Trudeau
Russia has officially withdrawn from the Council of Europe.
2nd Update on Sanctions from the Russian Foreign Ministry
Foreign Ministry statement concerning personal sanctions on US senior officials and affiliated persons
In response to a series of unprecedented sanctions that prohibit, among other things, entry to the United States for top officials of the Russian Federation, starting March 15, the Russian stop list includes, on the basis of reciprocity, President Joe Biden, Secretary of State Antony Blinken, Secretary of Defence Lloyd Austin and Chairman of the Joint Chiefs of Staff Mark Milley, as well as several agency heads and other prominent US figures.
This step, taken as a response measure, is the inevitable result of the extreme Russophobic policy of the current US Administration, which, in a desperate attempt to maintain American hegemony, has abandoned any sense of decorum and placed its bets on the head-on containment of Russia.
However, we do not oppose maintaining official ties when it is in our national interests, and, if necessary, we will address the issues arising from the status of the black-listed individuals in order to organise high-level contacts.
The list of US citizens included in the stop list is as follows:
1. Joseph Robinette Biden;
2. Antony John Blinken;
3. Lloyd James Austin III;
4. Mark Alexander Milley;
5. Jacob Jeremiah Sullivan, National Security Advisor;
6. William Joseph Burns, Director of the CIA;
7. Jennifer Rene Psaki, White House Press Secretary;
8. Daleep Singh, Deputy National Security Advisor;
9. Samantha Jane Power, Administrator of the United States Agency for International Development;
10. Robert Hunter Biden, son of the US President;
11. Hillary Diane Rodham Clinton, former US presidential candidate;
12. Adewale Adeyemo, US Deputy Secretary of the Treasury;
13. Reta Jo Lewis, President and Chair of the Board of Directors of the Export-Import Bank of the United States.
More announcements will be made soon concerning the expansion of the sanctions list to include other top US officials, military leaders, lawmakers, business executives, experts and media personalities who promote Russophobia or contribute to inciting hatred of Russia or imposing restrictive measures.
These actions will be taken in harmony with the major decisions of the Government of the Russian Federation in finance, banking and other areas to protect the Russian economy and ensure its stable development.
3. Economic News: Translation from http://smoothiex12.blogspot.com/2022/03/this-is-important.html#disqus_thread
The background here is bigger. This was noted by Godfree Roberts:
In two weeks, China, Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan will reveal a new, independent, international monetary and financial system.
It will be based on a new international currency, calculated from an index of national currencies of the participating countries and international commodity prices. [Mar. 14, 2022, Sputnik News].
Russia and China will also reveal their Unfriendly Nation Lists.
Reliable links are still hard to come by in general.
@calculated as an index of the national currencies of the participating countries and commodity prices
This is important as the commodity price is the leverage used to bring the Federal Reserve to its knees and raising rates to compensate for the dollars needed to service the cost of rising commodity prices.
This and the debt bomb have yet to go off.
The bomb will eventually explode and then the Day of Reckoning will come. There is a very workable plan for the salvation of European-derived people in North America. We have all the resources and human capital we need to pursue autarky. Debt cancelation, nationalization of key sectors of the economy and minting a new currency pegged to the productivity of European-derived people will do the trick.
Okay but how long is U.S. citizen taxpayer willing to subsidize Europe’s expensive obligations?
I’m willing to cut them loose and keep the resources here.
Pleas do not go on with this constant refrain, as if the USA did not control NATO, place its nukes illegally in several “allied” countries, pretend this somehow protected Europe while it is of course causing the “enemy” to defend itself. The USA stays away from actual danger for its “boys” while wasting resources it does not have to cause others to get into more danger. “Defense” would work much better if some effort were made to cooperate and to tell the truth. When might the USA do that?
Seems to me Russia is lighting the way for us. The way ahead is to come together as a civilization. To break free from centralized global models. Address the needs of those who make-up our civilization and seek to become self-sufficient. A good model for all nations going ahead.
Not so fast. “North American” (USA) “autarky” is long-term untenable because the national myths that afforded American social, cultural and politcal cohesion are largely dead. Trust in political institutions and media is necrotic. The only vestige of American social unity is barely afforded by relatively high living standards and employment opportunities all secured by credit. Despite the line that folks like Zeihan push, the American nation cannot withstand the decline of national mythology as a unifying force and permanent economic decline. This is the fate of pluracultural politically unstable “democracies” : All the member “tribes” begin to scatter.
Already secessionist sentiment across all political lines is the highest i have ever seen…throw in the demise of the dollar, there’s not much left:
It might also blow up IMF if they withdraw their Quotas which represent around 10%. After all IMF has been lending to Ukraine huge sums which have vanished……
Creation of a Eurasian Monetary Fund could up-end the US-dominated system if Saudi Arabia joined too
And according to ZeroHedge (who quote the Wall Street Journal) Saudi Arabia is preparing to sell some of its oil in yuan rather than dollars – something pretty cataclysmic in the financial world as the petrodollar has been the underpinning of USA wealth for about 60 years.
China has been proposing the IMF adopt a basket of currencies as the standard for international transactions called the SDR for many years now. This has fallen on deaf ears so it’s interesting to see them proposing a similar system that bypasses SWIFT and the IMF.
It looks like Saudi Arabia can see the writing on the wall, the Petrodollar is quickly dying.
“the WSJ is out with a blockbuster report, noting that “Saudi Arabia is in active talks with Beijing to price its some of its oil sales to China in yuan,”
I can hear the questions already .. What is a backed by, that currency?
My guess and hope was some kind of
Energorubel ₽ …
OK, never mind so far $ sinks down to its intrinsic value (€ is sentenced to death already) 👎
Yes indeed. Commodities instead of hot air. That is a big step,
Best regards to you and all the people of The Saker.
Commodities. What Credit Suisse analyst Zoltan Poszar is referring to as outside money, the Third Bretton Woods currency. His recent note sent ripples through the financial commentariat – not surprising, since it’s a compelling thesis.
He says the first Bretton Woods was gold backed money, the second in 1971 was inside money> (basically fiat and financialized), and now comes the third.
Tom Luongo has a nice riff on the situation, drawing in some pretty massive geopolitical shifts with the shift in money:
Highly recommend, and the original note is linked as pdf in Luongo’s opening sentence – well worth reading.
Yes, it is worth reading and reading…
Luongo is asking the right questions and arrive at some major conclusions. Russia and China are to make major announcements that will mean the end of London and Chicago as price fixers for gold and major commodities. Inside money will no longer dominate. Outside money will be in.
China needs to be in that basket. The fact it is not is revealing. Chinese play the double game, in my humble opinion.
Commodities? You mean natural gas, oil and wheat?
Don’t get me wrong, I’m all for economic integration with Russia. But the list of countries is too small.
China is part of this. Also, China and Saudi are discussing an oil for yuan trade now. Russia and India are working on a ruble-rupee trade mechanism. The dollar is dead. Half the world is already jumping ship, and they’re the half with the resources and the manufacturing.
The only question now is whether the West goes scorched Earth and tries to make this nuclear Armageddon or if they can live with being second rate nations now.
“China is part of this.”
Yeah, I see it now. I am blind.
And yes, I saw the petroyuan deal with Saudi Arabia, too.
Chinese are going for the jugular, petrodollar is finished.
Why wouldn’t they? Once they start dealing with Taiwan, they know that western sanctions will come. So why not distant themselves from it all early.
Also, imagine all that foreign production made in China being nationalized. Pure horror, for the Empire of Lies.
” In two weeks, China, Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan will reveal a new, independent, international monetary and financial system. “
I see it. Sorry for making you even more tired, man :D
At the beginning, things are small. Then they grow. What is the US gonna do? Sanction the entire world, or invade every country?
As an American that cares for the big brother that Russia has proven throughout history to be. I am of the persuasion that America needs to withdraw from international involvement on the scale we, clearly, can no longer maintain. Being someone who always pursued JFK’S vision, ” . . . not a Pax Americana,” ideal of the American notion of freedom. It has been a long fight just trying to wrestle control of the rudder of state away from the criminals who so violently took it from us. It is time for us to clean house like I saw Russia do after learning the nature of the monsters who ravaged their homeland when the wall fell. They still inhabit our halls of power, and the noose is tightening, much like the cauldrons in the east of Ukraine. Wish us luck.
All worthy desires but when you’re dealing with a psychopathic state, the US, then thats simply not going to happen. It will all crash and burn. And even once that happens these narcissistic fools will blame everyone and everything but themselves. Prepare accordingly.
The RMB is in the SDR basket effective October 1 2016
If illegal money is welcome. I think it can be dollar-backed.
It contains a small dose of irony and a great deal of economic realism. South American customers are eager for simple solutions.
Full faith and credit of…something or other…
Nah, it is sooo yesterday, to think it is a good Idea,to rely on stuff like food,energy,production,resources and actual creating goodies one can touch.In the West, only virtual reality is true reality.
Around here, people dream, they’re living in the land of milk and honey both of which have to be supplied by lesser humans for cheap.
A very rude awakening is approaching fast,can’t wait.
We call that living ghetto fabulous.
It works until it doesn’t.
Hence the Facebook name change… Meta-Money has a nice alliterative ring to it… far better than their first trial balloon, Libra.
You can buy an Avov Battallion badge jpeg for your Facebook and Instagram posts. For an extra 50MM you can call for the assassination of a curated list of world leaders
Slave owners need to be put in their place. Thusands of years of slavery has made them a cancer on this world.
Time to root out that cancer.
Thank you Amarynth! The workings of this arrangement would be fascinating to know. For example, for each participating country what are the commodities? For Russia we know there is gold, silver and other valuable metals, hydrocarbons, wheat, fertilizers, defense systems and much more. I would like to read something from Mr. Glaziev about the nuts and bolts of the system. Or maybe Michael Hudson could give a brief description. For sure, the events related to all things Ukraine, past and present have triggered the solidifying of Larchmonter445’s ‘double helix’ with participation from many other countries.
I am sure we will hear from Glaziev.
Means no more dollars for them. US loses. About time this 75 year-old fraud ended. Western organizations and rules were setup to benefit western nations, chiefly the US, at the expense of everyone else. It wasn’t created to help anyone else. This is what people don’t get. But perhaps now they will.
Not true. They were set up by Anglo nations post WWII to help the world economy. – the Socialist Bloc USSR was outside at its own wish as was China.
It is only in later decades that US perverted everything – it did not start out that way
“To help the world economy”? There is no evidence of that, on the contrary, there is evidence that is was set in place to gain more control, bun not in order to help but to gain even more control. I design the system, I have control of that system and adapt that system as Insee fit to further my control of that system as things change. They set the scenarios for a need for this perverted system, they also set the system.
The economic system was theirs, but it was so perverted that eventually even they would en up loosing control. Why was it perverted in the first place? So that they could have total control, at least that is what they tried. If I decide interest rates, money supply, commodity prices etc.. I have control, but what happens when perversion is what drives this? Perversion in the en will win out.
Everything that doesn’t get thrown under the bus will win out in the end.
So don’t lose that number, its the only one you’ve got, or you’ve lost the controls.
Houston, we have a problem, beached capsule door wont open, and the bus driver was found in a pool of his blood.
What is the US dollar backed by?
US dollar is backed by a black mail, sanctions and democracy giving bombs.
The oil that lubes the printing press…
Aircraft carriers, atomic weapons, etc..
The citizens ability to be taxed in dollars silly.
What about other 95% of printed dollars in existance?
It’s oil and the MIC that’s making that pyramid scheme possible. Once that falls down, say hello to hyperinflation. I’m sure it will be peaceful in Alabama, though. You’re in a saner part of the US.
I am expecting a debt tsunami that can only be fed by a hyperinflationary event, too many dollars returning home from overseas.
Currently, it is backed only by oil sold in dollars and the US Military Industrial Complex.
Soon, it will be backed only by the latter. Which won’t be enough. Simply because it’s impossible to be at war with the oil producing countries you were previously allied with.
Provided you can sell that war to your (generally) low IQ populace at home, first.
Perception. Some say military, others debt and some others stability. I believe it is a perception of strength.
Lies, genocide, terrorism, war crimes, wars of aggression, crimes against humanity, misanthropy, wholesale theft, contempt… and more!
That and manufactured products (labor theory of value).
A must read is Zoltan Pozar: Bretton Woods III
“We are witnessing the birth of Bretton Woods III – a new world (monetary) order
centered around commodity-based currencies in the East that will likely weaken
the Eurodollar system and also contribute to inflationary forces in the West.”
Some of the ideas will not be immediately understood by those without a good understanding of commodity trading, but the logic of the thesis doesn’t depend solely on these more technical concepts. It’s a fascinating essay and no doubt has prompted the recent American demands that China not step in to shelter Russia from the worst effects of the sanctions from hell.
The American free lunch has been left out in the sun too long and no amount of diovol will prevent the retching that the freeloaders are about to experience. Converting your lawn to vegetable gardens might be a timely move.
The commodities was clearly stated. And isn’t it wonderful? An economy based on real value that the participants have and can obtain. This should be interesting. Add the Saudis are talking about selling their oil in Yuan instead of Dollar. If that goes through, the rapid tectonic shift in geopolitics will shift to the Eurasia/Asia region for the next Era. None of this had to happen if it wasn’t for US endless wars and abusing their position. I know for a fact that Russia loved and wanted more than anything to have a good partnership with the US. It was made impossible by administration after administration relentlessly ignoring Russia’s interests and diplomatic efforts. NATO spread started with the Clintons. I see this as a self defeating blow by the Leftist Clinton, Obama, Nuland, Biden Cabal partnered with the other side of the same coin, the NeoCons. They infected the US and it’s a real shame. Even Kissinger warned never to do what these idiots did. Now we are left with disgusting acts of hypocrisy and supporting terror groups like Al Qaida and Azov as the ship sinks. Good Riddance…
Yeah but does the bomb get dropped on the swiss refiners?? Crickets so far but the cat is not out the bag yet, as they say
Well said, yeah, this all never had to happen. The US would have been easily furthermore the Worlds biggest Power, if its corrupt and stupid Elites would have stopped their endless and senseless wars and Coup d’Etats. Its a tragedy.
Clinton/Obama et al, are no “leftists ”
If that confuses you just recall Che staring down his executioner in Bolivia to know what the Left is.
The Wall Street Journal: Saudi Arabia considers accepting Yuan instead of dollars for Chinese oil sales
Another good news :https://www.zerohedge.com/markets/petrodollar-cracks-saudi-arabia-considers-accepting-yuan-chinese-oil-sales
Oh, there’s so much more:
-Saudis consider selling oil for yuan
-ASEAN begins dedollarization
– India too:
-Russia is rapidly adopting the yuan:
– Russian Central Bank Asset Freezing destroys the foundations of the dollar, an essay by Zoltan Poszar of Credit Suisse (PDF):
-A podcast explaining the above:
I could continue…
About the mentioned currency: Is this planned to be an actuall fiat with printed money, or just an index to simplify international trade? The difference between the two is: The former would by definition devalue the value of all other fiats, including the member states, simply because you create new “shares” out of thin air (don’t tell me about debt: We all know it’s never fully repaid).
An index instead would be just that: A way to define prices in international trade and contracts, which can then be settled by paying in national currencies of the member states. For those who can’t wrap their heads around this concept, let me compare this to a precious metal index, that defines 1kg silver to be worth 10 PMI and 1kg gold to be worth 100 PMI (not realistic, just keeping it simple here for demonstration). So a bill valued at 100 PMI could be settled either with 10 kg silver or 1kg gold. Same idea for a currency index.
Hope its not based on a real debt to real goods produced gdp or those dollars might go head to head with a ruble.
There may be HUGE positive developments underway in India. It may openly join the multipolar world, if it can hold on over the next few weeks..
– the dedollarization efforts to maintain existential Russian oil/grain/MIC links.. which as Russia absorbs the Rupee will increase bilateral trade as Russia substitutes many Western sources with Indian.
– the Chinese-Indian border disputes being settled I heard (source?). If true, this is even better news than dedollarization. The current impetus for Chinese-Russian alliance started with settling their chronic border disputes, lingering from days of Colonialism. If India settles amicably with China, the RIIC core of Eurasia is born, and it is Game Over.
– can you imagine the coup-de-grace of India joining the nascent EAEU-China building of the commodities-based currencies?
However, India is afflicted as with all former colonies by comprador elites with inferiority complex who continue to serve as a potent 5th column.
Did a rogue military unit or faction shoot last week’s missile over Pakistan? Chinese are quickly trying to mediate; US is trying to fan the flames..
I don’t understand the complexities and dynamics there, but there are positive signs which may balance out the ongoing sabotage efforts. After the loss of Germany to multipolarity, India is at heart of current end-game.
I agree. The signs are there!
The China India bad relations has its roots in the fifth column/CIA/MI6 cabal in India.
Oil prices have gone down but so has stock markets too yesterday and today. The reason – slowing economic growth forecast.
“tit for tat” sanctions are nice. However, denial of entry to the Russian Federation is a kinda pseudo-sanction. These people would have never noticed that they are sanctioned if the Russian Federation didn’t announce that.
On the other hand, Russian oligarchs spend quite a chunk of time in Western countries. I think it would be better to make real sanctions not just propaganda ones.
For you and me that may be so but I think its symbolic value is huge.
I wonder if, to the globe trotting davos crowd it might come back to bite one day soon.
Now they will know what it feels like to be sanctioned, to have one’s bank account frozen, to be on someone else’s list.
Like re-registration of foreign owned leased airline carriers under the Russian Flag. (Yahoo News)
In 2 weeks times you say Mr Roberts?
This will be an april fools to remember.
Here’s an initial step:
“Russia wants to scrap dollar-pegged metals market”
The writing’s on the wall that if you want to buy Russian or Chinese, then you’ll need a currency other than dollars.
It makes great sense for the SCO and BRICS core nations to implement the new financial system as it will quickly be adopted by ASEAN trading partners and the overall market of 3+billion people–about half the world’s population. That will create a base and momentum the Outlaw US Empire isn’t strong enough to stem. News we’re not getting is word of nations moving their reserves into protective places so the Empire can’t raid them. We’re assuming that’s happening, but hard evidence is preferred.
I was just reading this article. I don’t know how reliable the source is (seems a bit frivolous in style), but it claims a Chinese nickel company was hunted by Glencoe and potentially lost 6 billion dollars, but they had gigantic reserves of nickel and turned the tables on the western futures speculators by reversing the trends of the long and short term markets. That caused potential losses of trillions for western futures speculators, according to the article.
It would be good for the whole world if Russia and China can combine their mineral, economic and trade resources to take down these western futures speculators once and for all, and set up commodities markets where a new type of futures options could be biased in favour of real traders securing real trade needs (their true purpose), and severely sanction pure speculators. I am sure industrial users would find such markets a godsend compared to the corrupt and depraved London markets. Carefully structured trade taxes that are built into the rules of the market might be able to achieve such results. As I commented above the potential power of EAEU and China creating a new currency based on commodity prices [and a basket of their own currencies] is mind boggling, and this incident, if true, is an example of where new Russia/China based commodity markets denominated in their new commodity based currency could wipe the floor of the depraved London speculators.
I’m still waiting for the big ones regarding counter sanctions – payments in rubles/gold and cutting export of key commodities (oil/gas/fertiliser/neon/nickel) to the ‘unfriendly nations’.
Petrodollar loses primacy as China makes moves with Saudi Arabia.
” “Saudi Arabia is in active talks with Beijing to price its some of its oil sales to China in yuan,” a move that could cripple not only the petrodollar’s dominance of the global petroleum market – something which Zoltan Pozsar predicted in his last note – and mark another shift by the world’s top crude exporter toward Asia, but also a move aimed squarely at the heart of the US financial system which has taken advantage of the dollar’s reserve status by printing as much dollars as needed to fund government spending for the past decade.”
This and the project for an independent international monetary and financial system quoted above show China helping by quietly playing to it’s strengths.
I really don’t think US establishment would just let SA start messing the dollar. That make believe kingdom will most likely get smashed if they get serious. Russia and China cannot just be smashed, so US/West will try as much as possible to isolate their dollar dumping agenda. MENA have little means to defy US.
It happened that MENA (Iran) just bombed an Israeli coumpound inside a US base in Irak, without any retaliations.
The US has few means left to defy the world.
This Kazakh article also mentions the creation of a new currency for the EAEU, but they add that the original statement was deleted from the official site: “Данный материал был взят с официального сайта Евразийской экономической комиссии. На 23:51 нст новость на eaeunion.org удалена.”
Náš premiér dnes odjel vlakem do Kyjeva. Můžete to pochopit? Potřebuje asi něco ukrajinskému prezidentovi. Asi předat osobní dar- kulomet. (Česká republika) v klubu nepřátelských zemí, konečně suverénní rozhodnutí (ironie). Svět se vine pozpátku
Deepl-translate from mod:
Our Prime Minister left for Kiev today by train. Can you understand that? He probably needs to say something to the Ukrainian President. Probably to present a personal gift – a machine gun. (Czech Republic) in a club of hostile countries, finally a sovereign decision (irony). The world is going backwards.
According to Jones over at infowars (I’m not going to link to it), Putin was ‘tricked’ into this war, is losing badly and will soon be assassinated by his inner circle.
The US media, no matter if it’s alternative or MSM, is so full of crap, and the agenda is always the same ‘Muricah smart, everyone else, stupid’.
Puhlease already, thank goodness there are places like this to get actual facts and not mentally retarded fantasy and propaganda.
Its all Kicking off and its a good thing. A multipolar world is good for everyone. As an African , this is a great development. Having the option to choose between different lenders, developmental banks, different institutions etc is good for the African continent. The colonial institutions like the IMF, World Bank have continued the stranglehold on African countries after their imperial countries like Britain and France granted the sham independence in name only. African countries are not independent, but still under economic colonialization. I hope this works out well for the world.
Good luck to Russia, and China for spearheading this move.
Rele, I have a straight question for you – don’t get mad at me. I was talking to an African person this morning, and we think we see signs already of war profiteering .. hidden behind interest rates … specifically Coffee and Edible Oils – prices rising too steeply for things that Africa grows anyway. Do you see anything like that?
Doesn’t sound like it’s backed by commodities directly. It refers to indexed currencies so it looks like a giant basket currency. Still, a commodity backing would be nice
Humpty Dumpty climbed up a Great Wall
Humpty Dumpty fell and had a great FALL
All the kings dollars and all the kings armies
Couldn’t put Humpty Dumpty back together again
Not looking good for team Biden.
Holy shit. This really is the beginning of the final act. This is the single move that has always prompted the Faustian “Carpet of Bombs/Carpet of Gold” choice from the US overlords.
All good, we’ve been waiting for this some time, perhaps it is a little aerlier than anticipated but there is never a ‘perfect’ time to start. The beginnings of the Eurasian currency. With Glazyev back in the fold in Moscow I expect the beginning of great things over the next decade or so. Very important for the global south as well, a chance to really develop countries instead of being kept in the 20th century by the IMF/World Bank and the dollar hegemony.
I don’t know how to provide links but in Zerohedge today is
“Petrodollar Cracks:Saudi Arabia considers accepting Yuan for Chinese Oil Sales”
a post from the WSJ
Get rid of US $, buy gold.
Imagine the implications of a currency based on commodity prices, and backed by a grouping that comprise most of the world’s population, and which controls a vast proportion of global resources, and which includes the country which by far dominates global manufacturing.
It is mind boggling!
A future article on that by Michael Hudson and one by Pepe Escobar are definitely called for!
It increasingly looks like the west will be the ones isolated from a new reality that may encompass most of the globe, and not the other way around. The writing is on the wall for funny money backed by nothing. If they’re not panicking yet they should be! Interesting times indeed.
It solves the problem that a country like Iran would have to bypass dollars. Does a country like Russia really want to be paid in rials which the U.S. gleefully destroys? I wouldn’t. But if Iran had to first buy EEUD’s then the country that is paid in EEU’s does not have to worry about the U.S. destroying the rial. Member states have an interest in maintaining the value of their local currency, so sabotage is not an option for them.
Hmm … being that the big fish is China, the yuan will have the biggest waiting. So according to the U.S., this is China destroying the world order :-)
I do wonder how they will control the money supply for the ‘EEU dollar’
(I am calling this an EEUD (Eurasian Economic Union dollar) because they did not announce the official name)
How about allow a country that wants to join in to put in a pot of gold? (Pot as in poker rather than pixie). That way no-one need be excluded – even the USA.
Then other countries (Saudi Arabia and China spring to mind) could get the USA to buy their T-bills for gold …
It will be interesting to see what name they choose for the currency.
It will reveal a lot.
Ladies and gentlemen,
We had useful and substantive talks with my Qatari colleague and friend, Mohammed bin Abdulrahman bin Jassim Al-Thani.
Obviously, we spent much time talking about Ukraine. I explained that the current crisis had simmered for many years with the connivance of our Western colleagues who were sponsoring the Kiev regime. I updated my colleague on the special military operation, which is being conducted to protect the people in Donbass from a direct military threat, and to achieve our demilitarisation and denazification goals, including at the talks. They were initiated a week ago and are ongoing on the Belarusian platform and via videoconference. I told him about my meeting with Foreign Minister of Ukraine Dmitry Kuleba on the sidelines of the Antalya Diplomacy Forum in Turkey. We spoke about Russia’s attention to humanitarian matters, the creation of corridors to evacuate civilians from the zone of hostilities, and the delivery of emergency humanitarian aid, including medicines and essentials, from Russia to the people in the relevant regions of Ukraine.
We appreciate the attention being given to the current situation by the Qatari leaders, and personally by Emir of the State of Qatar Sheikh Tamim bin Hamad Al Thani. Qatar is willing and is trying to use any potential to help reach an agreement on the current agenda, with due regard for the interests of common European security, including the security of Russia and Ukraine, and the importance of precluding any threat from the territory of Ukraine to the Russian Federation, to people who want to protect the Russian language, culture and traditions, among them the traditions of the Russian Orthodox Church, and who want to live in their country without being discriminated against, especially in connection with neo-Nazi manifestations.
We believe that it was a useful conversation. We agreed to maintain contact on this issue. We appreciate Qatar’s interest in promoting the achievement of these goals.
We discussed our consistently developing bilateral relations. This meets the long-term interests of our states. We have coordinated additional measures that we will take to maintain the positive dynamics of our trade and to boost our investment cooperation in accordance with the agreements reached by President of Russia Vladimir Putin and Emir of the State of Qatar Sheikh Tamim bin Hamad Al Thani. The next meeting of the Russia-Qatar Commission on Trade, Economic and Technological Cooperation will be held in Doha this year.
There are good prospects and mutual interest in continuing the coordination on the global energy market, including within the framework of the Gas Exporting Countries Forum. The Russian Direct Investment Fund is cooperating with the Qatar Investment Authority and is implementing a large package of joint projects with it.
We maintain traditionally close ties with Qatar on current issues in the Middle East and North Africa. The potential for conflict and the risk of aggravating current crises are very high there.
Regarding Syria, we stand for the full and comprehensive implementation of UN Security Council Resolution 2254. We updated our colleagues on the activities of the Astana format. The next trilateral meeting will be held soon and will be attended by observer states and the Syrian parties. We are aware of Qatar’s interest in working together with Russia and Turkey to promote a solution to humanitarian problems in Syria.
The UN Secretary-General’s Special Envoy for Syria Geir Pedersen recently visited Russia. I also met with him in Antalya on March 10. We reaffirmed our plans to resume the functioning of the Constitutional Committee in Geneva in late March 2022. It is necessary to build up emergency humanitarian assistance for the Syrians, including the implementation of the early recovery projects, such as the resumption of electricity supply, medical services, housing construction and education. All member states of the UN Security Council spoke up for this in July 2021 by adopting the relevant resolution. It has not yet gained traction. We have been working at the UN to draw the attention of the leadership of international organisations and donors to the importance of implementing this call of the UN Security Council.
We have been working together to promote a settlement in Libya, which has come against complications.
Russia and Qatar stand for consolidating international efforts as soon as possible to resume the Palestinian-Israeli talks aimed at settling the main issues of the permanent (final) status of the Palestinian state and attaining a comprehensive peaceful settlement. I would like to note the special importance of restoring Palestinian unity. Russia and Qatar can and have been trying to contribute to the attainment of this crucial goal.
The situation in Afghanistan after the withdrawal of foreign troops should be kept in the focus of international attention every day. Qatar and other external players are playing an important role in efforts to stabilise the situation there, including by financing humanitarian programmes, which the people in that long-suffering country badly need.
We have a broad agenda. The talks we held today have helped us make headway in analysing our ability to contribute to settling numerous global problems.
Russia Imposes Sanctions Against Trudeau, Canadian Lawmakers
O’ say it ain’t so,
sanctions on Justine Trudeau,
his views deemed ‘unacceptable’
now he has become a foe
(please forgive my gloat)
One more added piece of good news. After the war is finished the “new” Ukraine should be able to join the EAEU as well. And hopefully there will be the Donbass Republics (or even better a Novorussia) joining the EAEU too. Also I think this about all the Western “loans” that Ukraine was forced to agree to under the coup regimes.The new freed Ukrainian government should repudiate them all.The “fruit of a poisoned tree” is not legal,and should never be honored. The “international community” i.e. the West will almost certainly seize Ukraine’s gold reserve,and foreign currency reserves held in Western banks anyway,no matter what. So they should not allow themselves to be held to paying off illegal loans as well.
All debts are forgiven once you send in the 200 million to help save the system.
Where are these derivative cats now?
I’d say they had a legal case to declare the “loans” invalid:
Coercion is compelling a party to act in an involuntary manner by use of threats, including force. It involves a set of various types of forceful actions that violate the free will of an individual to induce a desired response, for example: a bully demanding lunch money from a student or the student gets beaten. These actions may include extortion, blackmail, torture, threats to induce favors, or even sexual assault. In law, coercion is codified as a duress crime. Such actions are used as leverage, to force the victim to act in a way contrary to their own interests.
In my opinion this is the central and crucial issue arising from this operation. The establishment of sovereign currencies destroys the international banking cabal which has been operating through its private “central” banks in nearly every country of the world. But as a result of the cabal’s sanctions against Russia, they just jumped off the cliff and there is no going back. Ellen Brown’s dream, Michael Hudson’s dream, and all those who have criticized the cabal for undermining the economies of so-called independent nations, and the experiments in this direction, can take hope from what is forming now. Currencies will be means of exchange based on real commodities and usury will not destroy sovereign economies. I think that this is a reason to celebrate. But what we are made aware of, is that it has taken war to undermine the international bankers. It could and was not done through negotiations. The Russians will win this war and we will be eternally grateful to them.
Michael Hudson and Ellen Brown are my personal gurus on this subject.
Brown is the most inspirational person in the world re the enormous potential of state and cooperative banking models. I would love to be able to contact her in order to try and organise a zoom seminar down here in NZ.
She is great at illustrating working models around the world [eg Bank of North Dakota] and using her wonderful PowerPoint presentations could clearly demonstrate how NZ could move away from its association with the predatory global private banking cartel and its associates.
This is clearly the way to starve the beast and to systemically disenfranchise it and to eventually starve it out of existence. We all need to be aware that this financial cartel is the funding base for the Mr Global terrorist organisation which uses six ways to Sunday to terrorise and genocide us. Of course the best way to eliminate any terrorist group is to cut off its funding… it really is that simple!!!
Does anyone by any chance have Ellen’s contact details? Perhaps if there are any leads they could be provided through Amarynth. It would be my dream come true to be able to get Ellen to lead a NZ seminar on this subject.
Just think we could finally break out of our neocolonial financial shackles and craft a completely new financial reality… one that does not have an imbedded foreign predatory base… now there’s a novel idea!
Cheers to all from the south seas
“—-clearly demonstrate how NZ could move away from its association with the predatory global private banking cartel and its associates.”
Hi Col – I lived in NZ from age 8 – 28 & since have lived in Australia. The first thing NZers need to do is get rid of your horrible PM – – a real bitch who has almost destroyed NZ not saved it. She’s aso called ” young Leader” . A bit like the Australian PM & the so called opposition – totally untrustworthy lying A/holes.
List of unfriendly nations and reserve currency? Anglosaxons and their puppets from EU will be very mad. I wonder about their response.
Also, McDonald’s is sanctioning Russia. Who needs their poison junk food, anyway?
Coca Cola did the same. Same question applies to them as well. Adding the old hag Hillary
is a good thing, but marking her for assassination would be better. Especially if carried out.
She wanted to “drone” Assange, so maybe she could be droned.
Who needs the US stuff… amusing short> https://youtu.be/wlz8ImuWa9o Natasha from Russia Friendship Message saying thanks!
Seriously, (see below) what do “three wise fellas” from Poland, Czech, Slovenia want in nazi area? Well Ritter opined that the Police Action is demonstration to these fellas and their cohort – and “inducement” to abandon “nato” and nazi ideas…is statement that they will have to accommodate themselves again to Mr Bear. Regis Trembly interview just up. They want to see the wreckage and avoid such a fate as the intrepid Mr Ze…and maybe see if they can make fire-sale deals…
A much needed laugh. Thank you :)
Much Love to Russia! And yes, I mean that with all sincerity – oh, in addition to removing our gas, please help us in removing our technological radiation emitting gadgets, GMO foods, methane drinking water, and – well I don’t want to ask for too much ;D
A Vodka toast to a new world that celebrates humanity and all life! Das bi dan-ya! (I am illiterate in Russian so I hope that one phrase means what I meant to say – Cheers!)
Wonder what were those 3 PM’s “doing” in Ukie and whey they had to risk travel and that too via train..
“3 Eastern European prime ministers heading for Kiev
The Polish, Czech, and Slovenian prime ministers have crossed the Polish-Ukrainian border”
How can they possibly travel by Train to Kiev when I’ve been rading that Russia has Kiev encircled?
I would be totally surprised & horrified if Russia allowed them over the border -especially after what has transpired. Nothing & no body should get over that border unless Russia wants it.
Here are the news form Godfree on substack
Thanks for posting those. I saw the report on the US officials sanctions, the list is not complete, couldn’t access mid.ru to search it there. Reason is, I didn’t see the “Cookie Monster” la fatso Nuland, and wonder if they left her off the hook to be able to go Moscow as a go-between.
Very difficult to work with scattered data. I stitch these together with bits and pieces as I can confirm something. I just hope that someone gets tired from breaking websites. But now I’ll go and confirm from China’s side and also Iran. They should have confirmed info.
Completely understand your predicament. Appreciate all you do for us here, Amarynth, putting together the pieces that come through.
Yep, the even bigger news is with Saudi Arabia which has been the main bulwark of the Petrodollar, the lynchpin of it globally since its inception. For Saudi Arabia to consider ditching Dollar for Yuan, this is the beginning of the end.
Even Western Zionist hawks (and CIA/Pentagon confidantes) such as Oliver North et al. are no longer talking about a “no-fly zone” over the whole of Ukraine, but are tacitly conceding all but a hundred-mile-wide radius around Lviv. This indicates that, like Zelensky, NATO has realised that it cannot take on Russia and is now hoping to salvage a small strip of land near the Polish–Ukrainian frontier. Given Russian airstrikes on the key NATO facilities in Lviv, even this enclave may prove difficult to retain. Even so, there are some glimmers of sanity arising:
I wouldn’t trust North further than I could throw him. A Reagan henchman up to his neck in double dealing while working for Reagan and convicted of crimes (only to be pardoned by Bush 1).
I do not believe that Russia will leave an small opening on the West side of the nation for NATO terrorists to occupy. I believe Russia plans to seal the border and eventually use Ukranian troops to do so.
Does this mean that Russian commodities will be bought by the Western Countries in Gold or the Ruble ? If so then both Gold and the Ruble will rise in value.
Looks to me like it’s shaping up to become a multi currency world order (cryptos, PM’s, fiats, indexed) to go with the multipolar sovereign state world order we have been promised by the east. If the west sanctions China trade then all us semi sovereign western small fry nations will have to choose whose team they want to play on. But an economic iron curtain is certainly preferable to a unified nuclear holocaust one.
I hope the foreign affairs ministry did not forget to sanction that Zionist p.o.s. Victoria Nuland. After all, she started this entire mess in 2014 on behalf of her state department boss Hillary Clinton.
Latest Russian reports:
Three hangars with four Ukrainian Su-25 attack aircraft and six helicopters were destroyed at the military airfield near Kramatorsk
Aviation and air defense systems of the Russian Aerospace Forces shot down 16 air targets: one Su-24 and Su-25 aircraft, 1 Mi-8 helicopter and 13 UAVs, incl. 6 “Bayraktar TB-2”.
Last night at N. p. Guta-Mezhigorskaya, Russian paratroopers seized a stronghold of nationalists and foreign mercenaries, seized 10 American Javelin systems and a number of other Western weapons. All this is transferred to the forces of the DNR and LNR.
Artem plant hit in Kiev
As part of the widespread demilitarization of Ukraine, strikes were carried out in Kiev on the Artem plant, which produces air-to-air guided missiles, automated systems for servicing aircraft weapons, anti-tank guided missiles, as well as aircraft equipment.
Today, between 14.10 and 14.20, at an altitude of 600 m, over the eastern outskirts of Chernigov, Russian air defense forces shot down two Ukrainian Su-25 attack aircraft : to the west and east of the city.
Due to the defeat in the Donbass, Zelensky replaced the commander of the “Joint Forces Operation”
General Eduard Moskalev became the new commander of the Ukrainian “OOS”.
Units of the NM LPR reached the administrative borders of the republic.
Canadian Sniper Wali dubbed the World’s Deadliest Sniper is dead. Killed by Russian Special Ops Forces in just 20 minutes after going into action in Mariupol, Ukraine.
“Wali” never sent fascists to reward with grenades in order to be trusted with a rifle…https://youtu.be/CSQBzlqEybM Pavlichenko – Woody Guthrie (Miss Pavlichenko), she said the score (309) did not include first two, since those guys “got it” by her grenades. “Wali” had very fine equipment, thermal imaging scope, .50 cal, etc etc..Pavlichenko just a nice Mosin Nagant. “Wali” is lucky to have avoided arrest and trial, and penal servitude.
I doubt if the claim regarding “Wali” is true. How would he possibly get into blockaded Mariupol from the Polish border so quickly? Why would they sacrifice him in a lost cause?
I expect the Russians are just trying to flush him out by getting him to post his real location ;-)
He won’t fall for that either.
Huh? why not? supposedly he got there on the 9th and got positioned on 15th.
there are hundreds of ways to track a person and you have to wait for the proof…
I just explained why not. You also have to consider that “Wali” (now age 40) may have been media psyop from the start. The Russians knew that and just as efficiently closed the circle.
According to the Daily Mail propaganda piece “Wali” now works in IT for a Ukrainian-Canadia boss in Quebec. Seriously?
It also says he is currently “high above the streets in Kyiv.
Unless Russia produces his ID, I am calling BS on this charade for both sides.
Maybe. Maybe “Wali” is a myth…but myth or not he has a cohort…and they’re up against a foe they will be lucky to escape.
But I wonder how familiar with modern equipment many people are. With the very sexy US equipment and an fairly unsophisticated “enemy” at .5 km in decent (calm) weather (night or day) a kill shot on a girl washing dishes is easy. Long ago I recall “yer best target is when some azzwhole decides to take a ….” “Wali” never fought the Red Army. They are not “unsophisticated”.
Whatever “Wali” was, he isn’t.
He’s not a big deal and they are not going to put him on a pedestal unless he tweets his “kill shot”, then it must be even’d
Snipers are primary targets…it gets personal. If not dead, he’s walking dead. The profession has a “high rate of loss”. For Vietnam affair…well, I know. It would have been my fate.
Le brent est passé de 130 à 100$ le baril. Est-ce que cela signifie-t-il que l’occident a sonné la retraite?
Brent crude has fallen from $130 to $100 a barrel. Does this mean that the West has retired?
The Almighty Dollar will soon become a leper currency outside of Zone A.
Nobody will want to touch it.
Inside Zone A, however, the American Dollar will still reign supremacy.
That, incidentally, is why the Americans decided to launch a Second Cold War, which this Ukraine conflict is merely a trigger.
The Americans are “circling the wagons” and creating a Fortress Dollar system within Zone A.
The Ukraine conflict was designed to make sure that the Europeons in particular remain within the Dollar system and Zone A and, most importantly, do not get any ideas about joining the greener pastures of Eurasia and Zone B and their alternative currency system.
It will be interesting to see what does happen. My bet is that the “dollar” along with all other fiat currencies within Zone A will go pfffft.
The US, in cahoots with the globalists, don’t plan on the “dollar” continuing anyway – they plan on implementing a Social Credit System (see China) which has no need for the dollar or any other existing paper currency. This is what people may wish to pay attention to. Access fo paper money is being removed as I write all over Zone A (and Zone B to a lesser extent so far) via one method or another. QR codes are the new transaction medium they want us to embrace. Thanks, but No Thanks.
I may sound like an outback barefoot unshaven feral human But, I’ll state it anyway – barter-able goods and skills will be of high value not far down the road – especially in Zone A. Do what you can to accumulate and safeguard them.
Blessings to all,
LoL. You know as much about monetary systems as your boy Klaus Schwab.
How the hell would QR Codes replace the US Dollar as a currency? That is ludicrous. You seem to think that if the US Dollar is used for electronic transactions, as opposed to actual paper currency, that it will no longer exist as a currency.
Have you ever heard of this thing called credit card or debit card transactions? How about Paypal? Those pervasive forms of electronic transactions have been used for decades, and yet the Dollar is still here.
The US Dollar won’t be eliminated as a domestic US currency and likely not as regional reserve currency for the Anglo Axis nations or Europe (aka Zone A).
As a global reserve currency, however, the American Dollar Dictatorship is in retreat just like those American/Western stormtroopers in Afghanistan with the Fall of Kabul.
And the reason why America is deliberately instigating a Second Cold War is that it wants to consolidate its domination over its vassals, like Europe, and keep them on the American Dollar plantation.
what fascinating times we are witnessing, for a long while things were just brewing, bubbling but never quite active, but now we seem to be seeing things really unraveling now.
the West has been weakening, and now after over extending just ever so slightly Russia has responded with a fury. its rattled nato to its core and they are realizing they have no counter, no amounts of financial sanctions work without equal or more hurt returning to itself.
nato is a paper tiger, and after ukraine there won’t be any more advances east. The US can’t afford to fight a 2 front military AND economic war with both China and Russia. India has just stated they stand firmly with Russia.
the other countries being silent, ever so watchful sees the weakening of the empire and are only so eager to cheer it on or even stick a knife in. the main powers in Asia are pouncing on this weakness and quickly trying to benefit from this great reset.
we are definitely witnessing history in the making now, how it turns out will be anyone’s guess.
I wouldn’t say NATO is a paper tiger but I am thankful that they are appearing to stop short of provoking a full scale conflict with Russia.
As I tell my American friends, all of this simply to make Ukraine a member of NATO. Once this is done, one wonders if a similar action will be undertaken in Georgia.
So just price a barrel of oil in Roubles (Venezuela + Iran + Russia + Iraq, must be 50% world reserves ) and a cubic metre of gas also (Russia + Iran should equal 40% of world reserves; should Qatar jump ship 50%+ ). Europe require a boatload of Roubles then.
Can Saker, Larchmonter, or another knowledgeable commenter tell me how Mr. Putin and Russia can or should deal with the freezing in the West of $300 billion in foreign currency reserves? It seems to me that this gargantuan robbery must be addressed and addressed firmly and effectively, perhaps including shutting off trade with any country participating in this grand theft.
There is about $ 150 billion of Western capital assets in Russia. So that goes halfway to covering the $300 billion.
Russia can always do price controls and restrictions on everything it exports, for many reasons. Russia has already put a moratorium on wheat sales to their friends, the EEU nations until June, 2022, to reduce food prices in Russia. So think what Russia could do to unfriendly nations, and realize the remaining $ 150 billion could cost the West a lot more. There is also what’s called “the reputational damage”, meaning that non-Western nations will become, or have already become, extremely wary of leaving their money where it can be seized. That will diminish the financial centers in the West, so less money for the financiers. This is not stupidity on the part of the Western elites, but rather a calculating maximum-tension scheme.
They are frozen, not stolen… yet. At some future date there will be a negotiated transfer in exchange for assets belonging to foreign entities that were expropriated or nationalized by Russia.
No. There will not be.
Russia will do any and all expropriations legally thus no compensations will be forthcomming. Not beyond those provided in the original act.
When you establish a business for profit, in any jurisdiction, you are bound to respect that jurisdiction. INTENTIONALLY causing bankrupcy is seen as illegal in many place. In such case the court can – and will – install an external administrator to manage the business. Tat administrator can then proceed to run it, close it down, sell it, all depending on the situation. That has NOTHING to do with any sanctions and would be the normal process.
Also, in most jurisdictions, if state declares some assets deemed essential to national security they can simply nationalize them or force the business to act according to the wishes of the state. Against criminal prosecution of management that would not accept to do so. The owners would be entitled to respectable compensation.
Thoso compensations would be huge – above the original investements. BUT, if the business was brought down either on the free will of self-sanctioning or courtesy of the external sanctions, damages from those acts go against the actors – not against the state nationalizing the entity.
In other words. Purely financially, this will end up positive for RU.
The problem is other. Many of these factories are deeply integrated with the supply chains and IT systems of their parent companies. They either will not be able to operate as before or only in a severely limited function. So RU can short-term lose the ability to make lots of things locally and would have re-focus/re-tool and re-setup the factories to make stuff again. But those factories the most affected would have been a problem in any major conflict anyway. So they already were a liability and having this liability uncovered has its own value.
In one sentence: They will manage and China will be the big winner here.
Fascinating news. Thanks for posting.
“Eurasian Economic Union (EAEU) and China will develop a project for an independent international monetary and financial system”
The other shoe just dropped.
Pepe Escobar wonders where is Russias frozen reserves which could be 50 percent its foreign reserves…and why so much is not “at home”…..
and covers the currency subject too.
“Show me that frozen gold
Meanwhile, Russia has a serious problem to tackle. This past weekend, Finance Minister Anton Siluanov confirmed that half of Russia’s gold and foreign reserves have been frozen by unilateral sanctions. It boggles the mind that Russian financial experts have placed a great deal of the nation’s wealth where it can be easily accessed – and even confiscated – by the “Empire of Lies” (copyright Putin).
At first it was not exactly clear what Siluanov had meant. How could the Central Bank’s Elvira Nabiulina and her team let half of foreign reserves and even gold be stored in Western banks and/or vaults? Or is this some sneaky diversionist tactic by Siluanov?
No one is better equipped to answer these questions than the inestimable Michael Hudson, author of the recent revised edition of Super Imperialism: The Economic Strategy of the American Empire.
Hudson was quite frank: “When I first heard the word ‘frozen,’ I thought that this meant that Russia was not going to expend its precious gold reserves on supporting the ruble, trying to fight against a Soros-style raid from the west. But now the word ‘frozen’ seems to have meant that Russia had sent it abroad, outside of its control.”
“It looks like at least as of last June, all Russian gold was kept in Russia itself. At the same time it would have been natural to have kept securities and bank deposits in the United States and Britain, because that is where most intervention in world foreign exchange markets occurs,” Hudson added,
Essentially, it’s all still up in the air: “My first reading assumed that Russia must be doing something smart. If it was smart to move gold abroad, perhaps it was doing what other central banks do: ‘lend” it to speculators, for an interest payment or fee. Until Russia tells the world where its gold was put, and why, we can’t fathom it. Was it in the Bank of England – even after England confiscated Venezuela’s gold? Was it in the New York Fed – even after the Fed confiscated Afghanistan’s reserves?”
I understand it such that the Russian Central Bank is a private owned entity, on the lines of the US FED. I seem to recall that there where hopes Putin would Nationalized it many years ago, but nothing happened. To much resistance.
Ok, so no economic counter sanctions of EU, Europe?
Or maybe that will be part of Non Friendly Nations list?
The U.S. and its band of castrated yapping chihuahuas (UK, Canada, Aus, NZ, Japan, and the Eurozone) are like Bruce Willis’ character in The Sixth Sense — a walking ghost that doesn’t realize that it’s dead yet.
Russia and China still have several moves that they can make to damage the Western economies. I’ve wondered why they haven’t done more so far in response to the full-blown economic, information, and cultural war that the West has launched against them. I think the answer is that Russia and China, unlike the West, think strategically and act judiciously as opposed to having a hysterical hissy fit and making a flurry of ill-conceived moves without considering their long-term effects.
It is in the best interests of both Russia and China to see the Western unipolar global hegemonic order be taken down gradually in a controlled demolition instead of an explosive, unpredictable hard crash. For example, China could unload all of its U.S. Treasuries at once and deliver the coup de grâce to the U.S. Dollar. But that would set off a cataclysm in the global economy and geopolitical order which would, among other things, instantly cut off the largest markets for Chinese manufactured goods. China and Russia tend to avoid shooting themselves in the foot, that is left to the Americans and Western Europeans. Evolution is often preferable to revolution — revolution is a violent, bloody business that can easily lead to unintended consequences.
I expect that Russia and China will take many of their planned actions gradually and quietly, biding their time as they engineer a steady transition to a multipolar global order underpinned by emergence of the Eurasian economic zone. And if they can bring in India, Turkey, Brazil (and even the Saudis!), where does that leave the Anglo-American-zionist Empire? Everything is already in motion, Russia and China just need to prevent a figurative or literal nuclear conflagration from being launched by the neocon filth and the rest of the sociopaths residing within the Beltway.
…”It is in the best interests of both Russia and China to see the Western unipolar global hegemonic order be taken down gradually in a controlled demolition instead of an explosive, unpredictable hard crash.”…
I think you’ve nailed it with your post. I don’t think either Russia or China, who both must know they are the allies who will lead a new multipolar world toward peace and justice and prosperity for all, have any interest in having utterly destroyed usa/anglo bits around to have to deal with. In this age of highspeed transportation and communication, why would they want the bother, plus they really are NOT the psychopaths we have been ruled by in usa. I absolutely understand all the comments here that want the empire of lies to get its just due – which really might be to be obliterated if we’re honest about all that usa (my country) has done around the globe since forever – the people letting it happen is a complicated issue – some of us have been working so hard to wake the rest of us up – but anyway I just don’t see the upside for China and Russia in trying to lead a partially scorched-earth world. De-fang, not destroy, is the plan, I think.
Like many here are saying, I agree the big unknown is just when will the western Straussians/neocons/zionists do a false flag event to try to blame on Russia, and just what will it be? Nuclear? Did E=mc2 change everything, or not?
I catch myself wondering; why does President Putin play so nice with damn ‘israel’ – China, too. But i guess i’ve answered my own question, eh?
Also, I wonder how much the necessity to keep China on board (with the Russian defense of Donbass and her own security interests) has affected the military moves inside Ukraine. I watch CGTN and the coverage gets a bit schizophrenic at times; China is really trying to keep from taking a side – or being seen to take a side – and yet they do seem to realize the usa wants to divide them from Russia so as to pick each off separately. i’d love to be the proverbial fly on the wall when Russia/China meetings happen.
Even if the worst war doesn’t happen to us all in a flash, are our gooses still cooked by our inertia over climate change, deforestation, pollution, and allowing wealthpower giants on this pretty planet? Are we humans really smart enough to retrieve our chance to have a future??
I agree with your sentiments.
USans have been almost criminally complaisant in relation to the ruthless exploitation and destruction of many nations, especially the Amerindians, and the Philippines, Russia, Germany, Japan, Korea, Vietnam, Afghanistan, Iraq and virtually all so-called second and third world nations.
BUT to a large extent so have virtually all Anglos and most Europeans under the malevolent influence of the Khazarian Mafia who call themselves Jews but are not.
Our somnambulance can be said to be understandable to a large extent since most have been mind controlled in a sea of lies from birth (or earlier?). That excuse is beginning to wear thin now though.:)
Hi Ron. Thanks for your reply. The songline “When I think back on all the crap I learned in high school, it’s a wonder I can think at all” comes to mind. We are indeed indoctrinated from birth to see it as self-evident that usa is the exceptional country, and everybody else is a failed version of ourselves. Fact-free no-think devoid of history and context. Frightens me to be surrounded by such irrational, unserious people. My own mother accuses me of being a Putin propagandist. But then all of humanity is really wildly irrational. The current level of maturity in humans prefers to have a fraction few of us gigarich while millions starve each year and billions go wanting, unable to meet their needs no matter how hard they work. It’s why we have that malignant Khazarian Mafia; because we allow people to accumulate overfortunes which give them the power to decide what human history will be! We’ve allowed that zionist bunch to become so insanely wealthy they take advantage and make advantage right round this weary globe! Is there anybody alive who doesn’t know that money is power? So why do we endlessly shovel overwealth to these worst of all humans?? Why do we accept the overwork that devours our hours we need be using to educate ourselves? We burn ourselves out for literally generations rather than say “hey wait a minute, you oligarchs don’t work harder than I do, you can’t have more wealth than me!”
I think we humans have lost our self-respect. And maybe our survival instinct.
Question: Did the People fall, or were they pushed?
Answer: They fell.
Right after they were pushed.
Pity poor Humanity. So blind. So suffering. So needlessly.
I don’t know that Russia and China in charge can lead us out of our nightmare – people have to wake up and realize what the nightmare IS before they’ll fix it – but it doesn’t seem remotely possible they could do worse than the usa has done.
We’ll be lucky if the next false flag isn’t the colossal destruction of everyone’s everything.
Dear Grandkids; I’m sorry. I tried and tried.
What an excellent summary of the situation… love your first paragraph too… that’s about it!… here in NZ we are about as relevant as a yapping little chihuahua.
‘Our’ Jackooted Junta Govt has of course moronically parroted the ‘Russia Bad’ meme and enthusiastically declared solidarity with a murderous bunch of neo-Nazis whose roots go right back to 1929 and the formation of the Organisation of Ukrainian Nationalists.
This murderous minority [the OUA] are the absolute scum of the earth and have terrorised what we know of as Ukraine for 93 years. The NZ Govt has also been subject to a neo-Nazi corporate coup…
no surprises then that they love what the Bandera’s are up to!
The OUN practised appalling genocide during WW2 of 100s of thousands of innocent people and here they are yet again doing what they do best.
Greetings from the south seas
Aloha kāua Col! Always nice to hear from one of our Pacific brethren! There is a lot of love and respect in Hawaii for the beautiful country of New Zealand and its beautiful people (with an exception made for certain members of the ruling classes, of course). I’m saddened to hear that you are having the same kinds of problems with your government as we have with ours in the States. Even though New Zealand is part of Five Eyes and the Anglo-American Empire, I had always thought that the Kiwis had more common sense and decency than the rest of us and managed to avoid the worst of our neo-imperialist afflictions.
What you have said about the Ukrainian Nationalists and reconstituted Nazis is very true. It is indeed difficult to fathom how the West and its cadres of sanctimonious social justice warriors can be whipped into such an anti-Russian frenzy that they openly support the ideological (and oftentimes genetic) descendants of Bandera and the Waffen SS Galician Division. But it is evident that we have long ago entered some kind of Orwellian post-truth world in which it is a simple matter to manipulate the masses with crude propaganda and PR, so nothing really comes as a shock any more.
As a career international trade consultant I can easily see that their concept of Free Trade Zones, FTZs with their partners will completely offset the sanctions and more. The match goes to the Russians. And since a lowly consultant such as I can see this, the A holes in Washington certainly can as well. This underscores the fact that the sanctions were just PR in a propaganda campaign focused on Americans.
15 March 2022 16:37
Foreign Minister Sergey Lavrov’s remarks and answers to media questions following talks with Foreign Minister of the Islamic Republic of Iran Hossein Amir-Abdollahian, Moscow, March 15, 2022
Ladies and gentlemen,
We have held talks with my colleague, Foreign Minister of the Islamic Republic of Iran Hossein Amir-Abdollahian. The talks were held in a traditionally friendly atmosphere and were frank, concrete and useful.
We discussed the further development of our broad and multifaceted bilateral cooperation in accordance with the agreements reached by President of Russia Vladimir Putin and President of Iran Ebrahim Raisi during his visit to Moscow on January 19-20, 2022. We are continuing to work on a new, big interstate treaty at Iran’s initiative. We expressed mutual interest in signing this basic document as soon as possible. It will reflect the current state and development prospects of the entire range of Russian-Iranian relations. We reaffirmed the principles of our interaction on the international stage.
We highlighted our trade and economic cooperation and noted the steady growth in our mutual trade despite the illegal sanctions and the pandemic. In 2021, it increased by nearly 82 percent, to more than $4 billion. We agreed to continue working to build up our business ties and enhance their quality, including at the interregional level. We confirmed that no illegal sanctions would hinder our consistent progress.
We had a constructive discussion on current international matters. We have a common stand on the promotion by our Western partners, led by the United States, of the “rules-based order,” which they want to take the place of international law. This rules-based order is the epitome of injustice and double standards, alongside the afore-mentioned illegal unilateral sanctions, which are targeting ordinary people.
We spoke up firmly in favour of making international life more democratic, based on all countries’ strict compliance with the UN Charter and its principles, and on the strengthening of the UN’s central role in international affairs. We decided to continue strengthening our effective cooperation within the framework of the UN, where our positions are traditionally very similar or coincide.
We expressed support for the decision taken at the 21st SCO summit in Dushanbe in September 2021 to launch the procedure to grant the status of full member to Iran. Tehran plays a major role in Eurasia and has been working closely with the Shanghai Cooperation Organisation for a long time. This interaction will now be given a new, comprehensive quality.
We facilitate a negotiating process that was launched in November 2021 to conclude a full-scale free trade agreement between Iran and the Eurasian Economic Union. We are convinced that the liberalisation of customs tariffs will positively influence the development of Russian-Iranian trade and economic ties.
We held a detailed discussion on the current situation with the Joint Comprehensive Plan of Action regarding the Iranian nuclear programme. We support the soonest possible resumption of the full implementation of the agreement, which was formalised by UN Security Council Resolution 2231, based on a balance of interests initially stipulated by it. We are expecting the United States to return to the nuclear deal’s legal framework and to cancel the illegal US-imposed sanctions that have a painful effect on Iran, its people and a number of other countries.
We exchanged opinions on the military-political and humanitarian situation in Syria. We expressed our mutual striving to closely coordinate our actions to further attain a lasting peace and improve the humanitarian situation in this country. We agreed to continue to work together for these purposes within the framework of the Astana format, which has proven effective and which includes our Turkish colleagues.
We coordinated our positions on other important regional matters, including the situations in the Caspian region, the South Caucasus, Afghanistan and Yemen.
We touched on the situation in Ukraine and around it. We thanked our Iranian colleagues for their objective and well-thought-out position and for understanding Russia’s security concerns, which were caused by the destabilising actions of the United States and its NATO allies. Once again, we noted that our actions are to protect the people of Donbass from the military threat posed by the Kiev regime and to facilitate the demilitarisation and denazification of Ukraine in full compliance with the values contained in the UN Charter and within the framework of documents, approved at the top-level.
I believe our talks were very productive. We have agreed to maintain contact on all issues under discussion.
Mr Minister has kindly invited me to pay a reciprocal visit to Tehran. We have accepted the invitation, and will coordinate the dates soon.
I would like to use this opportunity to congratulate our Iranian friends and, in their person, all those celebrating the springtime Nowruz holiday in the approach to this bright event.
Question (translated from Farsi): They say Russia has demanded written guarantees from the United States at the talks in Vienna, so that any sanctions against Moscow would not affect its relations with Tehran. Can this prevent agreements from being reached? Or will the American side’s illogical demands lead to this?
Sergey Lavrov: We have received written guarantees. They are actually included in the text of the agreement on the resumption of the Joint Comprehensive Plan of Action (JCPOA) on the Iranian nuclear programme. All projects and areas of activity envisaged by the JCPOA have been protected, including the direct involvement of our companies and specialists, including cooperation on the Bushehr Nuclear Power Plant, which is a flagship cooperation project, and in the context of all existing plans associated with it. The Americans try to accuse us of slowing the agreement process almost every day. This is a lie. Certain capitals have yet to approve the agreement, but Moscow is not one of them.
Question (translated from Farsi, addressed to Hossein Amir-Abdollahian): Yesterday you spoke on the phone with Minister of Foreign Affairs of Ukraine Dmitry Kuleba. He wanted to give you a message for Russian Foreign Minister Sergey Lavrov. How would you comment on this?
Sergey Lavrov (adds after Hossein Amir-Abdollahian): During our meeting, Hossein Amir-Abdollahian spoke to me about the phone call he had with the Ukrainian Foreign Minister. He conveyed to me Dmitry Kuleba’s wish that we need to “stop the war” as soon as possible. This is exactly what we are doing – we are stopping the war that the Kiev regime has been waging against the population of Donbass for the past eight years or more. This war must stop. Especially now, when once again we can see the true face of the radical nationalists in Kiev. Yesterday, they used Tochka-U systems to fire cluster munitions at the centre of Donetsk killing 20 and injuring even more civilians. All these facts are being hushed up in the West, which continues to whip up hysteria by spreading patent fake news.
We have handed over some materials to our Iranian friends (we are distributing them to all our counterparts). They contain concrete facts to show what the current Ukrainian government is like, what approaches Ukrainian officials (starting with the president) express, and how they treat their obligations under the United Nations Charter, UN resolutions, the OSCE and the Minsk agreements. They signed the Package of Measures and then ignored it with the connivance (or even encouragement) of our Western colleagues.
The negotiations are ongoing on Ukraine’s neutral military status with security guarantees for all participants in this process; Ukraine’s demilitarisation to prevent any threat to the Russian Federation from its territory ever; and the termination of that country’s nazification policy supported by a number of Ukrainian legal acts, including the abolition of all discriminatory restrictions imposed on the Russian language, education, culture and media in Ukraine.
Question: Russia has repeatedly said that there is no alternative to the JCPOA. There are some reports that the United States may suggest a new agreement without Russia’s participation. Does Moscow have any counter proposals?
Sergey Lavrov: This is yet another attempt to lay the blame at the wrong door. We have never made any excessive demands. All our rights in cooperation with Iran on JCPOA projects are reliably protected. If the Americans have not yet made a final decision on resuming the JCPOA, they probably want to shift the blame for this on somebody else. Hossein Amir-Abdollahian said that at this point, the obstacles are being created by the US’s excessive demands.
Question: The nuclear deal could unfreeze Iran’s oil exports. Would this affect Russian oil exports? Is there any mechanism to smooth over such consequences in relations between Moscow and Tehran?
Sergey Lavrov: The nuclear deal is bound to unblock Iran’s oil exports. We enthusiastically supported this important part of the agreement.
As for the impact of Iranian oil on the world market, this will affect all exporting and importing countries. There are mechanisms to prevent volatile surprises. First, there is OPEC+, of which Iran is a member. When new amounts of hydrocarbons appear in the world market, it drafts an agreement on an optimal distribution quota. I am sure that constructive work lies ahead as soon as all issues linked with Iran’s oil on the world market are settled.
Question: Having cited considerable evidence, Russia raised the issue of bio-laboratories in Ukraine. Is the international community interested in this issue? Is it ready to talk about this? Will Moscow return to this issue?
Sergey Lavrov: I would not describe the reaction of the international community as “interest.” The reaction is sooner a negative surprise and wariness. The revealed facts point to the enormous scale of the US’s unlawful activities on spreading its military bio-laboratories all over the world. There are hundreds of them, including almost 30 in Ukraine. Many of them have been established in other former Soviet states right along the perimeter of the borders of Russia, China and other countries.
We will demand that this issue be reviewed in the context of the commitments assumed by all participants in the Convention on the Prohibition of the Development, Production and Stockpiling of Bacteriological (Biological) and Toxin Weapons and on their Destruction. We will do all we can to force the Americans to stop blocking our proposal from 20 years ago on the need to create a special mechanism for verifying any alarming reports on the appearance of substances that may be used to develop biological weapons. They are against this mechanism because it would make any bioactivity transparent. They do not want transparency because they find it more expedient to do everything under their own control, as they have been doing up until now.
I am convinced that the international community has realised (and will realise again) that such activities are unacceptable and fraught with lethal threats to civilians on a massive scale.
“We spoke up firmly in favour of making international life more democratic, based on all countries’ strict compliance with the UN Charter and its principles, and on the strengthening of the UN’s central role in international affairs. We decided to continue strengthening our effective cooperation within the framework of the UN, where our positions are traditionally very similar or coincide.”
This concerns me enormously. The UN, as it is currently constructed, is not a friend of the general global population. Should anyone wish to dissolve this entity and create something else similar to it but with the promotion and protection of Life at its core, then I would be more enthusiastic about such an organization.
Fantastic article! Many thanks. I think it is important to link military conflicts with its economic causes and consequences.
I mean their conflicts. Sorry.
Trump admitted he was operating a protection racket when he told his supporters……
“We protect Saudi Arabia. Would you say they’re rich? And I love the King … King Salman but I said ‘King, we’re protecting you. You might not be there for two weeks without us. You have to pay for your military,'” Trump said. https://edition.cnn.com/2018/10/03/politics/trump-saudi-king-intl/index.html
He later warned the Iraqi government not to ask him to withdraw troops from Iraq because the US has $70 billion of all the sales of Iraqi oil deposited in the Federal Reserve and he will not allow the Iraqi government access to it. At present the US doles out this money usually on a monthly basis in order for the Iraqi government to pay for the day to day costs of running the country.
Iraqi officials fear economic “collapse” if Washington imposes threatened sanctions, including blocking access to a U.S.-based account where Baghdad keeps oil revenues that feed 90% of the national budget. https://www.dailysabah.com/energy/2020/01/13/iraq-warns-of-collapse-if-trump-blocks-oil-money
Clearly when you are dealing with the US you are not dealing with boy scouts, Russia and China have to be ruthless with them, just as they are ruthless with everyone else.
Just as they [the US] are ruthless with everyone else.
I am surprised Senator Linda Grayham is not on that list since he has threatened President Putin with death. Somehow I cannot see him sneaking into Russia as the head of a seal team with a knife between his teeth. But maybe President Putin sees the clown as a asset.
Yes and Pelosi, Romney, McConnell (all the big loudmouth Democrats and Rinos).
This is going to be, for the Americans, a laughable matter with lines such as “who would, in their right minds, want to ever visit Russia” this is not a big loss for them, they really don’t like Russia. Just cut the gas supplies to the West, now that would put them on their knees.
Great idea the new regional currency.
A glove in the face to bankers in EU US & EU who are behind the Soros Obama NATO crisis in UKN.
Russia and others can survive and also prosper without the devils in the west.
And will do well.
Meanwhile the west under pigs like Biden, Macron, BoJo, Trudeau etc… will slide into the abyss and cesspit they came from.
why did not black listed -those beauties- Vicky Cookie Nuland & her husband – architect of color revolution in glorious Ukraine…hmmmm
I read that many Russian companies are opening accounts with Chinese banks.
Here, in Antalya, I went yesterday to open an account with a bank affiliated with SberBank. There was a massive queue of Turks trying to do the same thing. I decided to try again today.
This is hilarious. Tsingshan is the world’s largest nickel producer. Nickel is used to produce stainless steel and electric vehicle batteries. The Chinese government are in “discussions” with Tsingshan over the position.
If Tsingshan goes down it could take out the LME, JP Morgan and other banksters and the Chinese gov could then buy Tsingshan at a bargain basement price.
As I understand the situation, once Russia cleans up Ukraine and the global financial system collapses, the Global Alliance will oust all Talmudically controlled governments. Then the Global Alliance, headed by Trump, Putin and Xi, in conjunction with the International Treasury Controller (ITC), will introduce the Quantum Financial System (QFS). Each nation’s treasury will receive appropriate gold and precious metal financing from the ITC and issue its own gold backed, usury free local money, weighted against the Globec, which will be the new international trading medium.
Fiat debt note, pseudo money creation by private corporations; and all usurious commercial banking arrangements as we know them, will be abolished. This will eliminate the fraudulent International Central bankster cartel and all usurious fractional reserve banking. As governments will issue their own money they will no longer need, or be allowed, to introduce unlawful personal income and other taxes.
Governance will be devolved to local, district and regional levels, with decisions being generally taken at appropriate local levels. This devolution of power to the people will be facilitated by the world wide introduction of Republican representative voting and governance arrangements audited and secured from hacking and corruption by a Quantum, Star Link computerised system. This will eliminate all current corrupt and totally ineffective so-called democratic parliamentary systems and other forms of governance.
The result will be huge reductions in the numbers of professional politicians and centralised government bureaucracies. Governance will thus cost much, much less with local communities paying, auditing and over sighting their appointees and wearing the consequences of any failure to do that, rather than having the whole nation having to bail out losses attributable to local, district or regional incompetence and/or malfeasance. Not only will local decision making and provision of infrastructure and services be cheaper and more effectively managed when done locally; local communities will also be able to decide for themselves their priorities and how they are to be fulfilled and funded.
Accordingly, future governance and services provision will have to be approved and funded on a grass roots and district basis. That will become possible because all unlawful income taxes and other current national taxes, charges, licence fees etc., will be abolished along with the fraudulent money creation and usurious and fractional reserve banking system.That will return to the general population the fruits of their labours and ingenuity. The hardest and smartest working communities will benefit the most.
At most it is anticipated that national governance costs will require a tax of 14% upon new, non-essential items. Tariffs on imports may also be needed. These changes will rapidly eliminate homelessness, poverty, scarcity and want. The result will be abundance, an outcome stolen from most of humanity for millennia.
Pray for a speedy conclusion to Russia’s cleanup of Ukraine Pilgrims.
OK, this is unicorn and pink bunny fantastical bs from alt media that made up a story and wishes somebody would believe it.
Ron Chapman, do not post this nonsense again here. You are wasting our time.