China has condemned Washington’s use of sanctions against other states, designating them as a form of “bullying”.
This file photo taken on March 12, 2017 shows a view of an Iranian oil facility in the Khark Island in the Persian Gulf. (AFP photo)
Data provided by China’s customs authorities shows the country has largely defied US sanctions on Iran by continuing to import oil from the country even afterWashington ended exemptions given to Beijing for buying Iran’s crude in May.
Data published by China’s General Administration of Customs on Saturday showed that the country had imported some 208,205 barrels per day (bpd) of Iran’s oil in June.
That comes as Beijing was supposed to cut its crude imports from Iran to zero as demanded by a series of illegal sanctions imposed by the United States which seeks to force Iran into new concessions over its nuclear and missile programs.
Washington has been expecting Beijing to halt imports from Iran after waivers granted to China and several other…
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For sure, Trace. But never forget but bullies are basically very weak, insecure people.
The global political and economical power grid is shifting… Maybe it isn’t climate change after all, huh?
Yes, it does seem that way. The US is mad because Iran, China, Russia, Venezuela, and North Korea, to name a few, are by-passing the dollar, making it less valuable on the world’s exchange and definitely undermining the US’ virtual financial monopoly. So far, I understand neither China nor Russia has succumbed to the sleazy entrapment of the Rothschild-descendant banks (i.e. the global central bankers), and the petro-dollar is losing its value.
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Katherine, China is definitely clear of central bank money – they create their own sovereign money, which I feel is the secret behind their economic miracle. Russia is still very dependent on selling bonds to US and British investors (ie western banks):
It’s my understanding that this is primarily the influence of the Russian oligarchs and significantly limits the power Putin can exert. Compared to China, Russia is an extremely poor country.
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Thanks for that piece of the puzzle. No wonder the US is so threatened by China.
Seems I read somewhere that Russia is unloading US debt. Your link to the rt site says US and British investors are buying Russian debt, not the other way around. I think foreign investors are death to a country’s financial independence, and Russia should be especially wary of Anglo investors.
Hard to say, Sha’Tara, because so much is smoke and mirrors. I’m a little concerned about the Green capitalists who are apparently financing Extinction Rebellion and Greta Thurnberg:
Green capitalist is a contradiction in terms. Thunberg is the convenient front man/scapegoat to deflect the Muggles for seeing what is really going on. Some climate change is happening but I remember much more extremes in temperatures when I was a kid growing up in Northern Alberta and we just took it in stride. This isn’t “just” climate change, and if it is, it isn’t “just” man-made. There is a global crisis of capitalism and that is causing a bunch of sores all over the place. Destroy capitalism, pay the short-term price and “climate change” will disappear and be forgotten. I think that “climate change” or “global warming” as used by Al Gore (example) is a very big and very serious false flag to make us look elsewhere. Misdirection. Meanwhile there’s money to be made with the invented panic.
Oh but you re-blog some interesting posts. It helps that I agree in spirit with most of them, so thank you for broadening my horizons.