Trump’s UN speech makes it clear that Trump’s presidency, in terms of his campaign promise to remove Washington from the “policeman of the world” role, exit the Middle East, and repair the damaged relations with Russia, is over. The CIA and the military/security complex are in full control of the US government. Trump has accepted…
Once upon a time, the U.S. dollar was backed by the gold standard in a framework that established what was known as the Bretton-Woods agreement, made in 1944. The dollar was fixed to gold at a price of $35 an ounce, though the dollar could earn interest, marking one notable difference from gold. The system ended up…
Recently, US Secretary of the Treasury Steve Mnuchin stated, “If China doesn’t follow these sanctions [against North Korea], we will put additional sanctions on them and prevent them from accessing the US and international dollar system.” By this, he meant that the US would shut China out of the SWIFT system, through which the great…
Donald Trump has delivered a shockingly bellicose speech during his first appearance before the United Nations General Assembly in New York. The speech began by striking a tone which sounded more like a speech before a domestic US audience than before the nations of the world. Trump welcomed delegates and leaders to his home town…
With Pro-Assad forces liberating Deir-Ezzor the real war in Syria begins as the full-extent of the U.S.’s ‘Plan B’ is revealed. How Russia responds to this will determine the future of the region. Thanks to the Syrian Army’s breaking of the three-year long siege of Deir-Ezzor the war for Syria’s future is back on the…
Since the 1928 Red Line Agreement between British and French and American oil majors to divide the oil riches of the post-World War I Middle East, petroleum or more precisely, control of petroleum has constituted the thin-red-line of modern geopolitics. During the Soviet time Russian oil exports were largely aimed at maximizing dollar hard currency…
