Socio-Economics History Blog

Socio-Economics & History Commentary

More US Bases In Syria… Why Not Come Home?

  • RonPaulLibertyReport Published on Jan 17, 2018
    Why is the US building more military bases on Syrian territory without permission? Why is it funding and training a 30,000 strong border guard for Syria’s borders with Turkey and Iraq? With ISIS defeated, does the White House really believe it has legal authority to keep US troops in Syria to “deter Iran”?
  • Daniel 7:23 (New King James Version)
    23 “Thus he said:
    ‘The fourth beast shall be
    A fourth kingdom on earth,
    Which shall be different from all other kingdoms,
    And shall devour the whole earth,

    Trample it and break it in pieces.


    Daniel 11:36-39 (New King James Version)
    36
    “Then the king shall do according to his own will: he shall exalt and magnify himself above every god, shall speak blasphemies against the God of gods, and shall prosper till the wrath has been accomplished; for what has been determined shall be done. 37 He shall regard neither the God[a] of his fathers nor the desire of women, nor regard any god; for he shall exalt himself above them all.

    38 But in their place he shall honor a god of fortresses; and a god which his fathers did not know he shall honor with gold and silver, with precious stones and pleasant things. 39 Thus he shall act against the strongest fortresses with a foreign god, which he shall acknowledge, and advance its glory; and he shall cause them to rule over many, and divide the land for gain.
US 'defence' (war really) budget is well over US$1T when all the discretionary spending are added ! It is over 50% of tax revenues!

US ‘defence’ (war really) budget.

Discretionary spending in the FY 2013 budget was slashed to $1.264 trillion from $1.319 trillion budgeted in FY 2012. America is a WAR economy!

Discretionary spending in the FY 2013 budget was slashed to $1.264 trillion from $1.319 trillion budgeted in FY 2012. America is a WAR economy!

http://www.politifact.com/truth-o-meter/statements/2011/sep/14/ron-paul/ron-paul-says-us-has-military-personnel-130-nation/

Click on image to goto article!

Let's cut food stamps but not the war budget! There are still a lot of people the US government wants to kill !

Let’s cut food stamps but not the war budget! There are still a lot of people the US government wants to kill !

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January 19, 2018 Posted by | GeoPolitics | , , , , , , , , , | Leave a comment

Russia, Turkey Condemn US-Backed Syria “Border Force”

  • PressTV News Videos Published on Jan 15, 2018
    Russia and Turkey strongly denounce US plans to station militants along Syria’s international borders. Russia has described the US move as provocative and unilateral which is aimed at regime change. Erdogan said the US is going ahead with the plan despite Ankara repeatedly objecting and warning Washington against the move. The US says it is planning to set up a 30000-strong border force inside Syria to protect territory held by militants that the White House has supported. The force will operate along Syria’s borders with Turkey and Iraq. The announcement comes as Damascus and its allies have dealt a crushing blow to terrorists across the country.
  • Has Syria attacked America? NO! Is Syria threatening American interests? NO! Is Syria a threat to America? NO! So, why is America waging a war of aggression against Syria? Why is America supporting, fomenting … terrorists against Syria?

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January 16, 2018 Posted by | GeoPolitics | , , , , , , , , , , , , | Leave a comment

I Paid To See A Movie About Singing. I Got Ninety Minutes Of Pentagon Propaganda

  • I Paid To See A Movie About Singing. I Got Ninety Minutes Of Pentagon Propaganda.
    by Caitlin Johnstone, https://medium.com/
    To cap off a long, strange day, my husband and I took the kids out last night to see Pitch Perfect 3. The first Pitch Perfect is a firm favorite in our household, the kind of movie we end up watching when we can’t agree on what to watch. We’d been waiting til we all had a night to see the latest one together, so we made a night of it and went out for some dinner, too. I even had a Coke. The sugary kind. This was a big night, people! So we were all in high spirits and I entered the theater excited to see some good music and have a good time.

    I wasn’t expecting a masterpiece, but I also wasn’t expecting to be blasted in the face with ninety minutes of blatant war propaganda from the United States Department of Defense.

    Before I go on I should mention that a group called Insurge Intelligence published a report a few months back on thousands of military and intelligence documents obtained under the Freedom of Information Act which showed unbelievably extensive involvement of US defense and intelligence agencies in the production of popular Hollywood movies and TV shows. Just from the information this group was able to gain access to, the scripts and development of over 800 films and 1,000 television titles were found to have been influenced by the Pentagon, the CIA, and the NSA to advance the interests of the US war machine. We’re talking about big, high profile titles you’ve definitely heard of, from Transformers to Meet the Parents.

    So it’s an established fact that these depraved agencies of destruction and domination are balls-deep in Hollywood production. You can understand my discomfort, then, as it became evident that the movie I’d sat down to watch with my family was set on US military bases for no reason whatsoever. There was nothing about the plot of Pitch Perfect 3 that required this; any music tour of any kind would have worked just as well. The antagonist had nothing to do with the military, the protagonists were a civilian a capella singing group, and the general conflicts and resolutions of the film were entirely uninvolved with anything related to the armed forces of any nation.

    Indeed, the film looks like it was initially written to have taken place in a civilian setting, then after many rewrites and the involvement of God knows what agencies managed to force itself onto US military bases. As Insurge Intelligence noted in its report, once that happens the war machine is granted what amounts to total creative control of the film’s production, up to and including the ability to cancel production altogether by withdrawing support.

    read more.
https://medium.com/insurge-intelligence/exclusive-documents-expose-direct-us-military-intelligence-influence-on-1-800-movies-and-tv-shows-36433107c307

Click on image for article.

https://sputniknews.com/us/201708181056586360-us-military-hollywood-cia/

Click on image for article.

http://americanfreepress.net/jews-who-control-hollywood-tell-stars-better-not-mention-palestine/

Click on image for article.

http://newobserveronline.com/jews-boast-of-owning-hollywood-but-slam-gentiles-who-say-the-same/

Click on image for article.

https://socioecohistory.wordpress.com/2011/05/26/ashkenazi-jews-are-not-descendents-of-the-biblical-israelites-2/

Revelation 2:9 – …. and I know the blasphemy of those who say they are Jews and are not, but are a synagogue of Satan.

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January 16, 2018 Posted by | GeoPolitics | , , , , , , , , , , | Leave a comment

What is Syria Border Security Force? Meet the New US Proxy Army

  • RT Published on Jan 15, 2018
    Getting squeezed out of a country but wanna stay at all costs? Here’s the latest bright idea from the US: Meet the new proxy army in Syria.

US ‘defence’ (war really) budget.

The US ‘defence’ (WAR) budget.

http://www.foxnews.com/story/2002/11/21/pentagon-to-track-american-consumer-purchases/

All scams are based on deception and mis-direction! The Global War on Terrorism (GWOT) is an Illuminist psyop HOAX! It is to lay the foundation for the Luciferian New World Order –> ‘666’!

https://socioecohistory.wordpress.com/2013/06/06/trevor-aaronson-inside-the-fbis-manufactured-war-on-terror/

Click on image for article.

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January 16, 2018 Posted by | GeoPolitics | , , , , , , , , , | Leave a comment

‘US Are Occupiers’: Washington to Stay in Syria Indefinitely to Counter Iran

  • RT Published on Jan 12, 2018
    The U.S. has revealed that countering Iran is part of its ongoing operations in Syria after the fall of Islamic State and among the key reasons a military presence will remain there. The announcement was made during a Senate hearing on Thursday. READ MORE: https://on.rt.com/8wq7

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January 15, 2018 Posted by | GeoPolitics | , , , , , , , , , | Leave a comment

Russia: United States is Occupying Syria!

  • Has Syria attacked America? NO! Has Syria threatened American interests? NO! So why is America supporting terrorists in attacking Syria? Why are American troops illegally occupying Syria?
https://www.amazon.co.uk/American-War-Machine-Connection-Afghanistan/dp/074255595X

This provocative, thoroughly researched book explores the covert aspects of U.S. foreign policy. Prominent political analyst Peter Dale Scott marshals a convincing array of evidence to expose the extensive trail of sanctioned but illicit violence in politics and state affairs, especially when related to America’s long-standing involvement with the global drug traffic. Beginning with Thailand in the 1950s, Americans have become inured to the CIA’s alliances with drug traffickers (and their bankers) to install and sustain right-wing governments. The pattern has repeated itself in Laos, Vietnam, Italy, Mexico, Thailand, Nigeria, Venezuela, Colombia, Peru, Chile, Panama, Honduras, Turkey, Pakistan, and now Afghanistan-to name only those countries dealt with in this book. The so-called war on terror, and in particular the war in Afghanistan, constitutes only the latest chapter in this disturbing story. Click on image to goto Amazon.

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January 15, 2018 Posted by | GeoPolitics | , , , , , , , , , | Leave a comment

Trump Has Deep State Terrified – Kevin Shipp

  • Trump Has Declared War on the Deep State – Kevin Shipp
    by Greg Hunter’s USAWatchdog.com (Early Sunday Release)
    Former “high-level” CIA officer Kevin Shipp says President Trump has “declared war” on the so-called Deep State and the shadow government. Shipp explains, “I differentiate between the ‘Deep State’ and the shadow government.  The shadow government are the secret intelligence agencies that have such power and secrecy that they act even without the knowledge of Congress.  There are many things that they do with impunity.  Then there is the ‘Deep State,’ which is the military industrial complex, all of the industrial corporations and their lobbyists, and they have all the money, power and greed that give all the money to the Senators and Congressmen.  So, they are connected, but they are really two different entities.  It is the shadow government . . . specifically, the CIA, that is going after Donald Trump.  It is terrified that some of its dealings are going to be exposed.  If they are, it could jeopardize the entire organization.”

    President Trump’s December Executive Order on “Serious Human Rights Abuse or Corruption” is a major way Trump is turning the tables on the people trying to take him down. Shipp says, “Donald Trump, very wisely, starts out calling it a ‘threat to U.S. national security.’”  That one term brings in the U.S. military, the U.S. intelligence agencies, domestic law enforcement and the whole U.S. law enforcement into enforcing these laws.  The amazing thing about the Executive Order is now it extends to foreign persons, foreign organizations and even foreign government officials.  So, this is a national security threat, which means it includes anyone inside the United States or outside the United States.”

    read more.

http://www.nytimes.com/2015/09/15/us/examining-who-runs-the-united-states.html

Click on image for article.

http://www.rollingstone.com/politics/news/snowden-and-greenwald-the-men-who-leaked-the-secrets-20131204?page=4

Click on image for article.

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January 15, 2018 Posted by | GeoPolitics | , , , , , , , , | Leave a comment

Another Step Toward Armageddon

WW3 is near?

  • Another Step Toward Armageddon
    by Paul Craig Roberts, https://www.paulcraigroberts.org/
    The US military/security complex has taken another step toward Armageddon. The Pentagon has prepared a nuclear posture review (NPR) that gives the OK to development of smaller “usable” nuclear weapons and permits their use in response to a non-nuclear attack.

    As Reagan and Gorbachev understood, but the warmongers who have taken over America do not, there are far too many nuclear weapons already. Some scientists have concluded that even the use of 10 percent of either the US or Russian arsenal would suffice to destroy life on earth.

    It is reckless and irresponsible for Washington to make such a decision in the wake of years of aggressive actions taken against Russia. The Clinton criminal regime broke Washington’s promise that NATO would not move one inch to the East. The George W. Bush criminal regime pulled out of the ABM Treaty and changed US war doctrine to elevate the use of nuclear weapons from retaliation to first strike. The Obama criminal regime launched a frontal propaganda attack on Russia with crazed Hillary’s denunciation of President Putin as “the new Hitler.” In an effort to evict Russia from its naval base in Crimea, the criminal Obama regime overthrew the Ukrainian government during the Sochi Olympics and installed a Washington puppet. US missile bases have been established on Russia’s border, and NATO conducts war games against Russia on Russian borders.

    This is insanity. These and other gratuitous provocations have convinced the Russian military’s Operation Command that Washington is planning a surprise nuclear attack on Russia. The Russian government has replied to these provocations with the statement that Russia will never again fight a war on its own territory.

    Those such as myself and Stephen Cohen, who point out that Washington’s reckless and irresponsible behavior has created an enemy out of a country that very much wanted to be friends, do not get much attention from the presstitute media. The US military/security complex needs an enemy sufficient to justify its vast budget and power, and the Western media has accommodated that selfish and dangerous need.

    read more.

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January 13, 2018 Posted by | GeoPolitics | , , , , , , , , , | Leave a comment

US House Recommends Military Build-Up, NATO Expansion

  • RT America Published on Jan 11, 2018
    A report detailing Russian President Vladimir Putin’s “assault on democracy in Russia and Europe” was released this week by the House Intelligence Committee. The document was commissioned by Democratic Senator Ben Cardin of Maryland. RT America correspondent Anya Parampil brings us the details.

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January 12, 2018 Posted by | GeoPolitics | , , , , , , , | Leave a comment

How Jeff Bezos’s Washington Post Became the US Military-Industrial Complex’s Chief Propagandist

  • How Jeff Bezos’s Washington Post Became the US Military-Industrial Complex’s Chief Propagandist
    by ERIC ZUESSE, https://www.strategic-culture.org/
    It used to be that the New York Times and the Washington Post competed against each other to be the chief propagandist for the hundred or so top firms who sell to the US federal government — the 100 top “federal contractors,” almost all of which are Pentagon contractors — mainly these are weapons-manufacturing firms, such as the biggest, Lockheed Martin. The federal government is a large part of these firms’ essential market; so, invasions by the US against other countries require lots of their goods and services; and, also, America’s foreign allies additionally buy these weapons; and, right now, US President Trump is demanding that they increase their ‘defense’ budgets to buy more of them. Wars produce corporate profits if (like in the United States) the military suppliers are private corporations instead of government-owned (socialized). Selling wars is crucial to such firms’ bottom lines. And, since there is no law against owning a ‘defense’ contractor and owning or donating to newsmedia (especially newsmedia such as the Times and Post, which publish lots of international news and so can encourage lots of invasions), a sensible business strategy for investors in ‘defense’ stocks is to also own or donate to some international-‘news’ media, in order to generate additional business for the arms-maker or other ‘defense’ firm. Not only does this business-plan relate to such newspapers as the NYT and WP, but they’ll be the focus here, because they are the most important of America’s international-news media.

    Serious periodicals, such as The New RepublicThe Atlantic, and Mother Jones, have also been steady propagandists for ‘defense’ companies, but magazines don’t reverberate through the rest of the mass-media to the extent that the serious national (NYC & DC) newspapers do. TV and radio pick up on, and transmit, their news (and even CNN and others rely upon them more than these newspapers rely upon the broadcast media); and, in America, a lion’s share of the national political news, and especially of international news, is originated in the New York Times and Washington Post. This megaphone-effect forms the public’s opinions about whether we should invade or not. The owners of those two powerful newspapers, via their boards of directors and appointed editorial boards, make the key decisions regarding hiring, firing, promotions, and demotions, which determine news-slants from their employees (both from the reporters and especially from the editors who select what stories to publish and whether on page-one or inside the paper), and this power that these owners have, reverberates immensely (especially in regards to international relations) and thus largely shapes the results in the national polls (sampling the public, who view the world through the newsmedia); and, thus, every US President and every member of Congress becomes heavily impacted by that ‘news’, that ‘world’ the voting public see. And this coloring of the ‘news’ especially concerns international-news reporting, and the opinions that Americans have of foreign countries — such as of Iran.

    read more.
https://theintercept.com/2017/01/04/washpost-is-richly-rewarded-for-false-news-about-russia-threat-while-public-is-deceived/

Click on image for article.

https://theintercept.com/2016/11/26/washington-post-disgracefully-promotes-a-mccarthyite-blacklist-from-a-new-hidden-and-very-shady-group/

Click on image for article.

https://medium.com/insurge-intelligence/exclusive-documents-expose-direct-us-military-intelligence-influence-on-1-800-movies-and-tv-shows-36433107c307

Click on image for article.

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January 9, 2018 Posted by | GeoPolitics, Social Trends | , , , , , , , , , , , , | Leave a comment

Lethal Aid: US to Send Weapons to Ukraine

  • RT Published on Jan 3, 2018
    The Ukrainian president is looking forward to getting hold of new lethal weapons from the United States. Petro Poroshenko tweeted that Ukraine’s military budget is increasing to a record three-billion dollars and that the US weapons will be bolstered by locally-produced hardware.
https://www.amazon.co.uk/American-War-Machine-Connection-Afghanistan/dp/074255595X

This provocative, thoroughly researched book explores the covert aspects of U.S. foreign policy. Prominent political analyst Peter Dale Scott marshals a convincing array of evidence to expose the extensive trail of sanctioned but illicit violence in politics and state affairs, especially when related to America’s long-standing involvement with the global drug traffic. Beginning with Thailand in the 1950s, Americans have become inured to the CIA’s alliances with drug traffickers (and their bankers) to install and sustain right-wing governments. The pattern has repeated itself in Laos, Vietnam, Italy, Mexico, Thailand, Nigeria, Venezuela, Colombia, Peru, Chile, Panama, Honduras, Turkey, Pakistan, and now Afghanistan-to name only those countries dealt with in this book. The so-called war on terror, and in particular the war in Afghanistan, constitutes only the latest chapter in this disturbing story. Click on image to goto Amazon.

US ‘defence’ (war really) budget.

http://www.globalresearch.ca/ukraine-transition-government-neo-nazis-in-control-of-armed-forces-national-security-economy-justice-and-education/5371539

Click on image for article.

http://www.larouchepub.com/pr/2014/140203ukrainefactsheet.pdf

Click on image for article.

http://www.infowars.com/us-backed-neo-nazi-party-given-key-roles-in-ukrainian-government/

Senator McCain and Ukraine neo-Nazis. Click on image for article.

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January 4, 2018 Posted by | GeoPolitics | , , , , , , , , , | Leave a comment

Deep State Still Supporting ISIS In Syria

  • The Alex Jones Channel Published on Dec 29, 2017
    Paul Joseph Watson explain how the Deep State is supporting and supplying ISIS with the tools and finance they need to continue their takeover of the middle east and beyond.
http://www.amazon.com/Devils-Game-Unleash-Fundamentalist-American/dp/0805081372

Who is behind Muslim Fundamentalism & Terrorism? Western Illuminist governments and their intelligence agencies! It is deliberate and not a miscalculation as Dreyfuss asserts! They are still owned by the western Illuminati.

http://www.amazon.co.uk/Secret-Affairs-Britains-Collusion-Radical/dp/1846687640#_

In this ground-breaking book, Mark Curtis reveals the covert history of British collusion with radical Islamic and terrorist groups. Secret Affairs shows how governments since the 1940s have connived with militant forces to control oil resources and overthrow governments. The story of how Britain has helped nurture the rise of global terrorism has never been told.

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December 30, 2017 Posted by | GeoPolitics | , , , , , , , , , , , | Leave a comment

US Lets Terrorists-Militants Train, Mount Attacks from Its Syrian Bases – Chief of Russian General Staff

  • US Lets Terrorists-Militants Train, Mount Attacks from Its Syrian Bases – Chief of Russian General Staff
    by https://www.rt.com/
    The US is hosting training camps for militant groups in Syria, including former ISIS fighters who fled from Raqqa, said the head of Russia’s General Staff, Valery Gerasimov, citing data obtained by aerial surveillance.

    The US forces have effectively turned their military base near the town of al-Tanf in southeastern Syria into a terrorists’ training camp, Gerasimov said in an interview to Russia’s Komsomolskaya Pravda daily on Wednesday.

    “According to satellite and other surveillance data, terrorist squads are stationed there. They are effectively training there,”
     Gerasimov said, when asked about what’s going on at the base.


    The general also said the US has been using a refugee camp in northeast Syria, outside the town of Al-Shaddadah in Al-Hasakah province, as a training camp for the remnants of the Islamic State (IS, formerly ISIS) terrorist group, including those evacuated from Raqqa, and other militants.

    “This is essentially ISIS,” Gerasimov said. “They change their colors, take different names – the ‘New Syrian Army’ and others. They are tasked with destabilizing the situation.”

    Some 400 militants left Al-Shaddadah for Al-Tanf, launching an offensive on the Syrian forces from the eastern bank of Euphrates, after the main ISIS forces were routed there, Gerasimov said.

    read more.

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December 28, 2017 Posted by | GeoPolitics | , , , , , , , , , | Leave a comment

US Using Pyongyang Issue as Pretext to Continue Militarizing Asia-Pacific – SC

U.S. missile defense system called Terminal High Altitude Area Defense, or THAAD, is seen at a golf course in Seongju, South Korea, Wednesday, Sept. 6, 2017. © AP Photo/ Choo Sang-chul/Newsis

  • US Using Pyongyang Issue as Pretext to Continue Militarizing Asia-Pacific – SC
    by https://sputniknews.com/
    The Russian Security Council secretary has explained why Washington strives to deploy global missile defense systems in the Asia-Pacific.

    “It’s no secret to anybody that the DPRK nuclear missile problem is, in fact, being used as a pretext for continuing the militarization of the Asia-Pacific region in the interests of containing Russia and China,” Russian Security Council Secretary Nikolai Patrushev said in an interview with the “Argumenty i Fakty” (Arguments and Facts) newspaper.

    According to him, Washington “consistently realizes its plans to deploy elements of its global missile defense system in the countries of the region.” Patrushev went on to say that in the event of war on the Korean peninsula, the United States would have to respect the lives of US citizens living in South Korea.

    “As history shows, the US is not accustomed to respecting the lives of citizens of other states to achieve its goals. However, Washington will certainly take into account the fact that there are 250,000 Americans living in South Korea,” Patrushev said, adding that in case of large-scale military operations on the Korean peninsula, their lives will be under threat.

    “And such losses in the language of the military of all countries of the world are deemed unacceptable. The positions of missile systems with operational and tactical missiles, barrel artillery and missile systems with volley fire by North Korea are at a distance of some 50 kilometers from Seoul,” he stated.

    Image of Aggressor
    The Russian Security Council secretary has explained that Washington was using images of aggressor countries for its economic interests and acts, as it did during the Cold War, commenting on the new US national security strategy, calling Iran and the DPRK rogue states, while referring to Russia and China as “revisionist authoritarian powers” that challenge the US and seek to undermine their security. Among the priorities of US foreign policy, this document notes are “the strengthening of peace through the use of force” and “the spread of American influence.”


    read more.
https://journal-neo.org/2016/11/01/north-korea-is-an-pentagon-vassal-state/

Click on image for article.

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December 27, 2017 Posted by | GeoPolitics | , , , , , , , | Leave a comment

The Petro-Yuan Bombshell and Its Relation to the New US Security Doctrine

  • The Petro-Yuan Bombshell and Its Relation to the New US Security Doctrine
    by Pepe Escobar, http://russia-insider.com/en
    “Russia and China … have concluded that pumping the US military budget by buying US bonds … is an unsustainable proposition …”

    The new 55-page “America First” National Security Strategy (NSS), drafted over the course of 2017, defines Russia and China as “revisionist” powers, “rivals,” and for all practical purposes strategic competitors of the United States.

    The NSS stops short of defining Russia and China as enemies, allowing for an “attempt to build a great partnership with those and other countries.” Still, Beijing qualified it as “reckless” and “irrational.” The Kremlin noted its “imperialist character” and “disregard for a multipolar world.” Iran, predictably, is described by the NSS as “the world’s most significant state sponsor of terrorism.”

    Russia, China and Iran happen to be the three key movers and shakers in the ongoing geopolitical and geo-economic process of Eurasia integration.

    The NSS can certainly be regarded as a response to what happened at the BRICS summit in Xiamen last September. Then, Russian President Vladimir Putin insisted on “the BRIC countries’ concerns over the unfairness of the global financial and economic architecture which does not give due regard to the growing weight of the emerging economies,” and stressed the need to “overcome the excessive domination of a limited number of reserve currencies.”

    That was a clear reference to the US dollar, which accounts for nearly two-thirds of total reserve currency around the world and remains the benchmark determining the price of energy and strategic raw materials.

    And that brings us to the unnamed secret at the heart of the NSS; the Russia-China “threat” to the US dollar.   

    The CIPS/SWIFT face-off
    The website of the China Foreign Exchange Trade System (CFETS) recently announcedthe establishment of a yuan-ruble payment system, hinting that similar systems regarding other currencies participating in the New Silk Roads, a.k.a. Belt and Road Initiative (BRI) will also be in place in the near future.   


    Crucially, this is not about reducing currency risk; after all Russia and China have increasingly traded bilaterally in their own currencies since the 2014 US-imposed sanctions on Russia. This is about the implementation of a huge, new alternative reserve currency zone, bypassing the US dollar.   

    The decision follows the establishment by Beijing, in October 2015, of the China International Payments System (CIPS). CIPS has a cooperation agreement with the private, Belgium-based SWIFT international bank clearing system, through which virtually every global transaction must transit. 

    What matters, in this case, is that Beijing – as well as Moscow – clearly read the writing on the wall when, in 2012, Washington applied pressure on SWIFT; blocked international clearing for every Iranian bank; and froze $100 billion in Iranian assets overseas as well as Tehran’s potential to export oil. In the event that Washington might decide to slap sanctions on China, bank clearing though CIPS works as a de facto sanctions-evading mechanism.

    read more.

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December 27, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , | 1 Comment