The West failed to shut Russia out of the oil market. This means the petrodollar is doomed. RT : Russia’s flagship Urals crude breached the $60 price cap set by the EU and G7 countries this week for the first time since the mechanism was…
Related: It is Done: Putin Announces Agreement for the Yuan to Become the New Global Reserve Currency The jig is up! We’re building the banks now, Jews! We’re the international bankers! China! Russia! Africa! EVERYTHING DENOMINATED IN YUAN! RT : Burkina Faso has suggested creating…
The other shoe just dropped. Saudi is going to sign onto this, and so is the newly freed Iran. The yuan is now the de facto global reserve currency. Check and mate. https://t.co/AmR083nqho — Andrew Anglin (@WorldWarWang) March 22, 2023 Previously: China is Playing Her…
U.S.-led international sanctions on Russia have begun to erode the dollar’s decades-old dominance of international oil trade as most deals with India – Russia’s top outlet for seaborne crude – have been settled in other currencies https://t.co/1XZwAf9kp7 — Reuters (@Reuters) March 8, 2023 No one…
#Iran ‘s president met with Khamenei before his trip to #China today. The three-day trip is Raisi’s first state visit to China and the first state visit by an Iranian president in 20 years, according to Iranian media. https://t.co/grq1uGxRa2 pic.twitter.com/UNnrMfWMIz — Jason Brodsky (@JasonMBrodsky) February…
My new @FT oped on gradual de-dollarization: A bipolar currency regime will replace the dollar’s exorbitant privilege. The greenback is bound sooner or later to feel the effects of intensifying geopolitical rivalry between the US and China https://t.co/gJoxUf9YjI — Nouriel Roubini (@Nouriel) February 5, 2023…
Bye Bye Petro$. Sad, but it has to happen. Other nations should not have to pay the US (skimming off revenue) for the “privilege” of using the US dollar in oil transactions. We should not get that money because we spend it like drunken sailors…
Previously: Saudi Arabia Confirms They Will be Trading in Non-US Dollar Currencies! Total End of US Dominance! Paul Craig Roberts! He’s still alive! And he’s still right! RT : The US is facing serious economic risks as more countries around the globe move away from…
Bank Indonesia calls on importers, exporters to stop payments in US Dollar. China, Japan, Thailand, Malaysia have already agreed to use the mechanism of two-way payments and dedollarasing, with Singapore, Philippines planning to join the system. EU, BRICS+ also dedollarising. https://t.co/U3pco2Y7uj — 🇪🇺 🇲🇨🇨🇭Dan Popescu…
Ghana is moving towards #Gold standard to de-dollarise its economy Ghana will purchase #oil with Gold Ghana’s government has decided to take step against prevalence of USdollars. It is taking inspiration from Zimbabwe’s experience and dedollarising its #economy #Africa l — Kanmui (@wbstone10) November 27,…
The situation in Saudi Arabia is a mess, everyone knows that. The only thing that keeps it loosely together is the wealth that Americans and Europeans – and the Jews the rule over them – keep pumping into them for oil. When nobody needs their…
We knew it would happen. Pravda : In May 2014, presidents of Russia, Kazakhstan and Belarus will sign an agreement on the establishment of the Eurasian Economic Union. Sections 9 and 11 the agreement, the draft of which is available on the official website of…
