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US Treasury Dept Warns Allies Against Accidentally Trading With Iran

US Treasury Dept Warns Allies Against Accidentally Trading With Iran Companies ‘face substantial risks’ if they’re caught trading with Iran The US Treasury Department on Tuesday issued a statement directed at allied governments, and private companies operating out of allied countries, warning them against any trade with Iran, warning they “face substantial risks” if they […]

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Trump Asked Saudi Arabia To Boost Oil Production By 1 Million Barrels Per Day

Trump Asked Saudi Arabia To Boost Oil Production By 1 Million Barrels Per Day It all started on April 20, when having tweeted at and about virtually everything else, President Trump realized that surging oil and gasoline prices are wreaking havoc on his economic agenda and eating away at the benefits from his tax cuts, […]

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Iran diary: bracing for all-out economic war

Iran diary: bracing for all-out economic war While the dogs of war bark, the Ancient – and New – Silk Road goes on forever and a civilization with a long and proud history gets on with life Dawn comes to Imam Reza shrine in Mashhad. Photo: Asia Times/Pepe Escobar The minute you set foot in […]

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Sanctioning the World, the US Inadvertently ‘Locks & Launches’ Multipolarism

Sanctioning the World, the US Inadvertently ‘Locks & Launches’ Multipolarism The commemorative medal had already been cast and published. It depicts profiles of Trump and Jong Un, facing each other, at the 12th June historic meeting – at which Jong Un was supposed to disavow and discard his nuclear armament, irreversibly, and then to accept […]

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The “Axis of Gold” Just Got Stronger

The “Axis of Gold” Just Got Stronger As you probably know by now, President Trump backed out of the nuclear deal with Iran and is re-imposing harsh sanctions. And just this morning, Trump announced that he’s canceling the much-anticipated nuclear summit with North Korean leader Kim Jong Un because of Kim’s recent belligerent comments. What […]

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The Return Of Ben Swann May Be The Most Interesting Thing Happening In Alternative Media Right Now

The Return Of Ben Swann May Be The Most Interesting Thing Happening In Alternative Media Right Now “The Russian envoy to North Korea warned President Trump not to place any further sanctions against North Korea or Kim Jong-un surrounding ‘supplies of oil’,” says a clean-cut reporter in a polished, professional newscast presentation. “To do so, he […]

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Moody’s Pegs Venezuela in “Deeper Phase” Of Financial Insolvency

Moody’s Pegs Venezuela in “Deeper Phase” Of Financial Insolvency Venezuela is now in a “deeper phase of economic stress,” Moody’s Investor Service said on Wednesday, according to The Oil and Gas Journal. Falling oil production and tough economic sanctions have increased pressures on the nation’s financial capacity. Mismanagement and underinvestment in the country’s oil and […]

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It’s Time to Call Economic Sanctions What They Are: War Crimes

It’s Time to Call Economic Sanctions What They Are: War Crimes Photo by John Pavelka | CC BY 2.0 The first pathetic pieces of wreckage from North Korean fishing boats known as “ghost ships” to be found this year are washing up on the coast of northern Japan. These are the storm-battered remains of fragile […]

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Venezuela Has Officially Abandoned The Petrodollar – Does This Make War With Venezuela More Likely?

Venezuela Has Officially Abandoned The Petrodollar – Does This Make War With Venezuela More Likely? Venezuela is the 11th largest oil producing country in the entire world, and it has just announced that it is going to stop using the petrodollar.  Most Americans don’t even know what the petrodollar is, but for those of you […]

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How Putin can win global economic war against Russia

How Putin can win global economic war against Russia What are the objectives of the global economic war against Russia? Will the West disconnect Russia from SWIFT? Will Europe and the USA impose more sanctions on Russia? What’s happening to the oil prices? Will Syrian President Bashar Assad surrender? Pravda.Ru asked these and other questions in […]

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Do Economic Sanctions Work? by Kenneth Rogoff – Project Syndicate

Do Economic Sanctions Work? by Kenneth Rogoff – Project Syndicate. CAMBRIDGE – With Western economic sanctions against Russia, Iran, and Cuba in the news, it is a good time to take stock of the debate on just how well such measures work. The short answer is that economic sanctions usually have only modest effects, even […]

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Putin Blames West for Russia’s Economic Crisis

Putin Blames West for Russia’s Economic Crisis. MOSCOW—Russian President Vladimir Putin vowed Thursday to fix Russia’s economic woes within two years, voicing confidence that the plummeting ruble will recover and promising to diversify Russia’s gas-dependent economy. Speaking with strong emotion and looking confident, Putin also displayed a defiant stance toward the West, which he insisted […]

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