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Tag Archives: economic sanctions
Trump Sanctions Rosneft, Russia’s Largest Oil Company, For Helping Maduro In Venezuela
Trump Sanctions Rosneft, Russia’s Largest Oil Company, For Helping Maduro In Venezuela The Trump administration announced significant new sanctions on Tuesday targeting Rosneft, Russia’s largest oil company, for helping Venezuelan leader Nicolas Maduro circumvent U.S. sanctions. Specifically, the sanction targets Rosneft Trading SA, a unit of Russia’s state-owned oil giant Rosneft, as well as company’s […]
“If The US Does That, It’ll Lose Iraq Forever” – Trump Threatened To Cut Off Baghdad’s Access To Its NY Fed Cash
“If The US Does That, It’ll Lose Iraq Forever” – Trump Threatened To Cut Off Baghdad’s Access To Its NY Fed Cash After rejecting Iraqi Prime Minister Adel Abdul Mahdi’s request to begin talks on the withdrawal of American troops, there are now more signs of the eroding ties between the two countries. The Wall Street Journal reports that according […]
The end of the dollar as we know it
The end of the dollar as we know it Current uncertainty and worries are clearly reflected in the financial markets. Investors are fleeing into assets that are deemed safe, such as gold, U.S. Treasuries and the dollar. They still flock to the U.S. on a massive scale, whereas a lot of the current insecurity derives […]
Brexit, Britain and the Permanent Crisis in the Gulf
Brexit, Britain and the Permanent Crisis in the Gulf What on Earth were the British politicians and officials thinking who gave the go-ahead for the seizure of the Iranian oil tanker Grace 1 off Gibraltar on 4 July? Did they truly believe that the Iranians would not retaliate for what they see as a serious escalation in America’s […]
Starvation Sanctions Are Worse Than Overt Warfare
Starvation Sanctions Are Worse Than Overt Warfare “We are putting major additional Sanctions on Iran on Monday,” President Trump tweeted today. “I look forward to the day that Sanctions come off Iran, and they become a productive and prosperous nation again – The sooner the better!” Iran’s economy is already floundering due to the steadily mounting sanctions that the Trump administration has been […]
Dire Straits Of Hormuz
Dire Straits Of Hormuz Well, we didn’t have to wait long for ’John Wick: Chapter Portobello’ to begin, did we? Brent crude spiked 4.5% before giving up around half of those gains as a further two oil tankers–one Norwegian, one Japanese–were attacked in the Straits of Hormuz, forcing the evacuation of both vessels; that as Japanese […]
Top Iranian Diplomat: US Cannot ‘Expect To Stay Safe’
Top Iranian Diplomat: US Cannot ‘Expect To Stay Safe’ Iranian Foreign Minister Mohammad Javad Zarif made a series of threats over ongoing tensions in the Persian Gulf amid a visit by Germany’s top diplomat who sought to diffuse the situation. On Monday, Zarif threatened that the United States”cannot expect to stay safe” after initiating an […]
Shielding the World From US Chaos Is No Easy Task
Shielding the World From US Chaos Is No Easy Task Donald Trump’s foreign policy relies heavily on putting to use to the tools available to the Empire: economic terrorism, threats of war, diplomatic pressure, trade wars, etc. But in resorting to tried-and-true imperialism, it is isolating itself internationally from traditional allies and raising tensions on the global chessboard to an unprecedented […]
Aircraft Carrier Abraham Lincoln Passes Through Suez Canal On Route To Iran As Tensions Soar
Aircraft Carrier Abraham Lincoln Passes Through Suez Canal On Route To Iran As Tensions Soar Tehran tried to call Washington’s bluff on Wednesday when it threatened to start stockpiling enriched uranium and heavy water again – which would constitute a violation of the JCPOA’s terms – unless the treaty’s signatories abide by their commitments to buy oil […]
A New Mega Cartel Is Emerging In Oil Markets
A New Mega Cartel Is Emerging In Oil Markets China and India—two of the world’s largest oil importers and the biggest demand growth centers globally—are close to setting up an oil buyers’ club to have a say in the pricing and sourcing of crude oil amid OPEC’s cuts and U.S. sanctions on Iran and Venezuela, […]
Why An OPEC Oil Supply Surge Won’t Happen
Why An OPEC Oil Supply Surge Won’t Happen The end of the Iranian sanction waivers by the Trump Administration has put oil traders on edge. While most analysts are optimistic about OPEC leader Saudi Arabia being able to fill the gap left by lower Iranian oil exports, reality could be totally different. Looking at the […]
Dollar Dominance Under Multiple, Converging Threats
Dollar Dominance Under Multiple, Converging Threats For years, currency analysts have looked for signs of an international monetary “reset” that would diminish the dollar’s role as the leading reserve currency and replace it with a substitute agreed upon at some Bretton Woods-style monetary conference. That push has been accelerated by Washington’s use of the dollar […]
Amid Blackouts and Food Shortages, Pence Unveils New Sanctions Targeting Venzuelan Oil Exports to Cuba
Amid Blackouts and Food Shortages, Pence Unveils New Sanctions Targeting Venzuelan Oil Exports to Cuba Peace advocacy group CodePink says, “Reminder: sanctions are an act of war. #HandsOffVenezuela.” Residents carry water that they had to obtain from a natural source from the hill El Avila after the water supply was suspended following a nationwide blackout […]
Presstitutes Turn Blind Eye to UN Report on Venezuela
Presstitutes Turn Blind Eye to UN Report on Venezuela Washington and the Convict Appointed to Overthrow Venezuela Continue the Lies Don’t you think something is fishy when the presstitutes orchestrate a fake news “humanitarian crisis” in Venezuela, but totally ignore the real humanitarian crises in Yemen and Gaza? Don’t you think something is really very […]
Russians Told To “Prepare For Worst Outcome” As US Prepares New Sanctions
Russians Told To “Prepare For Worst Outcome” As US Prepares New Sanctions A bipartisan team of US senators is preparing to hit Russia with additional sanctions over its 2016 US election interference and military operations in Syria and Ukraine. Sens. Bob Menendez (D-N.J.) and Lindsey Graham (R-S.C.) are spearheading the measure, called the Defending American Security from Kremlin Aggression Act, which includes a wide range of financial […]
