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Kremlin Doesn’t Rule Out Collaboration on INSTEX Payment Mechanism for Trade With Iran
Iranian Foreign Minister Mohammad Javad Zarif previously noted that the EU mechanism for bilateral transactions with Tehran bypassing US sanctions could include other interested countries, such as Russia and Turkey. [...]
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Russia dumps US debt, reducing holdings to lowest level in a year
The Central Bank of Russia has sold $3.1 billion in US Treasury bills as of February, reducing its investment in American debt to the lowest level since March last year. Moscow still occupies the 16th position among the largest holders of US government bonds. Russia has cut its holdings for the third consecutive month. [...]
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Russia, Belarus ‘Opening Up’ to Bitcoin as US Launches Tax Crackdown on Cryptocurrencies – Founder
The rise of cryptocurrency has sparked intense debate on its role in central banking systems, as well as economic viability in monetary supply chains. [...]
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How US Moves Against Russian Aluminum Giant Starts Crippling European Companies
The US Treasury Department sanctions aimed at Russian-based RUSAL may have made a splash in the wrong direction, as companies from US allies in Europe have had to deal with supply disruptions. Layoffs and further difficulties are looming. [...]
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Trump: ‘I am the chosen one’ to take on China
US President Donald Trump has stated that he is “the chosen one" to take on Beijing and that his life would be easier if he had not mounted a trade war with China. The remark came during one of Trump’s trademark “helicopter” press conferences, outside the White House on Wednesday. Fielding questions on a range of topics, the president touched on the tariff war with China that he launched i [...]
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‘Either a Liar or an Idiot’: Netanyahu’s Iran Claims Insult Integrity of IAEA
Israeli Prime Minister Benjamin Netanyahu announced Monday that his country has a trove of secret documents detailing Iran’s continued expansion of the range of its nuclear-capable missiles - a display insulting to the international inspectors who have consistently found no evidence of such work, guests told Radio Sputnik’s Loud & Clear. [...]
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US proudly admits to bribery & extortion of Iranian oil tanker captains after open piracy fails
The US State Department is openly using organized crime tactics, including bribery and extortion, in an effort to bend Iran to its will after its usual allies refused to get sucked into a coalition to 'police' the Persian Gulf. [...]
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China’s petro-yuan ‘thundering into action’ as Iran ditches US dollar in oil trade
Washington’s renewed sanctions on Tehran supports China’s newly established oil futures, analysts say. The sanctions can make the yuan a more preferable currency than the dollar on the oil market. Since their launch in May, the interest in the renminbi-backed oil contracts has steadily surged. Traded daily volumes hit a record 250,000 lots last Wednesday, and the share of yuan contracts in glo [...]
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Real Ukrainegate: America midwifed the mess, and now wants Europe to pay
Now that US military aid to Kiev has been weaponized in the rapidly heating civil war in Washington itself, it would be the perfect time to confront the fact that US meddling was primarily responsible for the chaos in Ukraine. [...]
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Paris terror: History won’t forgive if West doesn’t learn lessons now
If the recent horror visited upon Beirut and Paris, as Islamic State/Daesh seeks to broaden its war against civilization, does not succeed in re-focusing the mind of the West when it comes to its role in the Middle East, then nothing will. For far too long Western governments and ideologues have performed the modern equivalent of fiddling while Rome burns when it comes to the conflict against I [...]
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Finkelstein: Where’s the Solidarity for Gaza?
Norman Finkelstein says that while Palestinian protesters in Gaza have bravely resisted their ghettoization under merciless Israeli fire. At least 43 Palestinians have been killed and 2,200 wounded by Israeli troops, Palestinian officials say, on the deadliest day of violence since the 2014 Gaza war. The violence came as the US opened its embassy in Jerusalem, a move that has infuriated Palesti [...]
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Just like home: UAE sends Russian road patrol after Putin to make him feel welcome 🎞️
A casual aerobatics flyover, another butchered cover of the Russian anthem and faux Russian road police – the United Arab Emirates have gone royally over-the-top to make Russian President Vladimir Putin feel comfortable. [...]
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Goldman Sachs advises to buy Russian ruble in 2016
The US investment bank predicts the ruble will be on the list of good performing currencies next year along with the US dollar and the Mexican peso, Bloomberg reports. Goldman Sachs recommends buying Russian and Mexican currencies over South Africa’s rand and Chile’s peso. [...]
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“Chinese Were Prepared, EU Companies Were Not” for US’ Iran Sanctions – Analyst
China’s state-owned energy giant CNPC is ready to replace French energy company Total’s stake in the Iranian South Pars gas project. In 2017, Total and CNPC signed a 20-year contract worth 4.8 billion dollars to develop Phase 11 of Iran’s South Pars field. Sputnik spoke with political analyst Tom McGregor about CNPC’s acquisition plan. [...]
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US airlines won’t immediately bring Boeing 737 MAX back to the skies even if FAA says it’s good to go – reports
Aiming to win back public confidence in the Boeing 737 MAX, major US airliners are reportedly planning to hold demonstration flights with senior company officials, but not real passengers, on board to prove the model is safe. [...]
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Delivery of S-300 air defence systems to Tehran begins – ambassador
The process of delivery of Russian S-300 anti-missile rocket system to Iran has started, Iran’s ambassador to Moscow said in an interview. Iran is getting one of the latest versions of the air defence complex. The delivery has gotten underway, ambassador Mehdi Sanaei told Etemaad Persian-language daily, as cited by Tasnim news agency. [...]
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India & Iran drop dollar in oil trade to bypass US sanctions – report
India will reportedly pay for Iranian oil in rupees as the two countries seek to bypass US sanctions against Tehran, industry officials have told the Sputnik news agency. Under the deal, the payments for oil will be made through India’s state-run UCO Bank, which has no US exposure. The countries are also discussing the barter-like system to avoid US sanctions, Sputnik reports. [...]
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US Blacklist Backfires as Huawei Starts Building 5G Base Stations Without American-Made Parts
The Chinese tech giant has made strides to replace American-made hardware, software and technology in its 5G internet and smartphone divisions after being placed on a US Commerce Department blacklist earlier this year. Huawei has begun manufacturing 5G base stations – the towers facilitating wireless communication between mobile devices and internet networks, without the use of parts made in the [...]
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Trump’s trade tariffs pushing Europe closer to China & Russia
US President Donald Trump's introduction of tariffs on steel and aluminum imports from Canada, Mexico and the EU will force them to build new trade ties, professor at Aalto University and CUHK, Carl F. Fey, told RT. “US actions will surely push the EU to strengthen trade relationships with other countries such as China. Russia, being a near neighbor could also benefit,” he told RT, adding [...]
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‘A Hidden Life’ is the story of a farmer who resisted Hitler – NOT a metaphor for anti-Trump Resistance
‘A Hidden Life’ by Terrence Malick celebrates an Austrian farmer’s Christian principled opposition to Hitler, and any attempts to draw a parallel between the movie and anti-Trump resistance are myopic at best. The new film is the true story of Franz Jagerstatter, a Catholic farmer in Austria who is conscripted into the German Army during WWII and must choose between his conscience, and pledg [...]
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Tsipras blasts ‘mercurial’ Turkish pilots & air defense budgets amid ground refugee crisis
As EU leaders met with the Turkish PM to finalize a €3 billion ($3.18bn) deal on easing the Syrian refugee crisis, his Greek counterpart criticized Turkey’s “mercurial” pilots for airspace violations that cost billions but in no way help to tackle people-smuggling through borders on the ground. Alexis Tsipras took to Twitter to point out that it was ironic that while having billions of [...]
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‘No Prospects for Merkel’s Policy in Germany Anymore’ – Local Politician
Vienna has vowed not to accept any agreements which come at Austria's expense amid a deal on migrant policy reached in neighboring Germany between Chancellor Angela Merkel and Interior Minister Horst Seehofer. Cloppenburg regional parliament MP Michael Klitzing says migration is just part of a much wider, possibly irresolvable problem for Merkel. [...]
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