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Iraqi parliament calling to ditch US dollar for oil trade
Iraqi parliament calling to ditch US dollar for oil trade Washington has exercised strict control over Iraqi oil revenues for the past two decades (Photo credit: INA) The Finance Committee in the Iraqi parliament made a statement on 31 January calling for the sale of oil in currencies other than the US dollar, aiming to counter US […]
‘Playground of choice’: Iran mobilises to drive US troops out of Iraq
‘Playground of choice’: Iran mobilises to drive US troops out of Iraq The US has the cudgel of the American dollar to prevent its expulsion from Iraq, but will the Biden administration use it? When Iraqi Prime Minister Mohammed al-Sudani arrived in New York City in September for the UN General Assembly, a delicate truce […]
Iran Warns Against US ‘Adventurism’ After Parking Cruise Missile-Armed Warship In Red Sea
Iran Warns Against US ‘Adventurism’ After Parking Cruise Missile-Armed Warship In Red Sea The Red Sea continues to grow busy with the presence of naval assets, as the West and its allies attempt to keep international shipping lanes open despite the threat of Houthi missiles and drones launched from Yemen. This has lately included nations such as […]
UK Navy Alerted To Incident Near Djibouti As Houthis Paralyze Red Sea Shipping
UK Navy Alerted To Incident Near Djibouti As Houthis Paralyze Red Sea Shipping International shipping in the Red Sea and vital Bab al-Mandab Strait is grinding to a halt with tankers, container ships, and other types of commercial vessels rerouting around the Cape of Good Hope to avoid missile and drone attacks from Yemen’s Iran-backed […]
Houthi Rebels Hit Norwegian-Flagged Tanker With Anti-Ship Cruise Missile At Key Maritime Chokepoint
Houthi Rebels Hit Norwegian-Flagged Tanker With Anti-Ship Cruise Missile At Key Maritime Chokepoint An anti-ship cruise missile fired by Yemen’s Houthi rebels struck a Norwegian-flagged tanker in the Red Sea near a key maritime chokepoint known as the Bab el-Mandeb Strait, where nearly 10% of all crude traded at sea passes through. Reuters quoted Houthi military […]
3,000 US Troops Enter Gulf Region In Latest Escalation With Iran
3,000 US Troops Enter Gulf Region In Latest Escalation With Iran Two American warships with over 3,000 newly deployed US military personnel between them have entered the Red Sea, new statements confirm Monday, as part of the Pentagon’s efforts to thwart Iranian seizures of international vessels in regional waters. The US Fifth Fleet announced Monday the ships have transited […]
Desertification: An Existential Crisis For Iran
Desertification: An Existential Crisis For Iran Iran is grappling with severe desertification and water scarcity, leading to potentially uninhabitable territories, contributing to internal migration and posing a threat of mass exodus. Tehran’s attempts to mitigate water scarcity have led to dam-building and water-intensive irrigation projects that have contributed to the drying up of rivers and […]
BRICS Nations Developing “New Currency” as Quest for Global De-Dollarization Accelerates
BRICS Nations Developing “New Currency” as Quest for Global De-Dollarization Accelerates China and Brazil recently finalized a trade deal in their own currencies completely bypassing the dollar, but that’s not the only bad news for the world’s reserve currency. Last week, a Russian official announced that the BRICS nations are working to develop a “new currency,” […]
Iran-Saudi Rapprochement Will Deal A Deathblow To The Dollar
Iran-Saudi Rapprochement Will Deal A Deathblow To The Dollar Jacob Lawrence Struggle: From the History of the American People, Panel 8 1954Eurasia’s geo-economic integration took a great leap forward as a result of the Iranian–Saudi rapprochement, which unlocks the Gulf Cooperation Council’s (GCC) trade potential with Russia and China. Its wealthy members can now tap into two series of […]
Iran, Russia integrate banking systems
Iran, Russia integrate banking systems 52 Iranian and 106 Russian banks integrated their interbank communication and transfer systems for trade and financial operations (Photo Credit : Atta Kenare/AFP) A top Iranian official announced on 30 January that Iran and Russia had integrated their interbank communication and transfer systems to help enhance trade and financial operations […]
Politics, climate conspire as Tigris and Euphrates dwindle
Politics, climate conspire as Tigris and Euphrates dwindle DAWWAYAH, Iraq and ILISU DAM, Turkey (AP) — Next year, the water will come. The pipes have been laid to Ata Yigit’s sprawling farm in Turkey’s southeast connecting it to a dam on the Euphrates River. A dream, soon to become a reality, he says. He’s already […]
Crude Prices Jump After Israeli Tanker Hit By Iranian Drone Off Oman Coast
Crude Prices Jump After Israeli Tanker Hit By Iranian Drone Off Oman Coast Crude prices are higher Wednesday morning after a bomb-carrying drone on Tuesday evening struck an oil tanker owned by an Israeli billionaire, The Associated Press reported. The Liberian-flagged oil tanker Pacific Zircon was approximately 150 miles off the Omani coast at 730 pm local […]
Saudis Arabia, US On High Alert After Warning Of Imminent Iranian Attack; US Prepared To Respond
Saudis Arabia, US On High Alert After Warning Of Imminent Iranian Attack; US Prepared To Respond With oil prices set to soar after the midterms as the SPR drain ends and markets no longer have desperate democrats to help fulfill their immediate energy needs, moments ago the WSJ unveiled another potential oil price powder keg, so to […]
Advocating World War Three Is Just Mainstream Punditry Now
Advocating World War Three Is Just Mainstream Punditry Now Listen to a reading of this article: ❖ Mainstream punditry in the latter half of 2022 is rife with op-eds arguing that the US needs to vastly increase military spending because a world war is about to erupt, and they always frame it as though this would […]
