Interesting and suggestive news out of Malaysia, which is proposing a gold-backed Asian "euro" for foreign trade, i.e., a two-tiered system: Malaysia Proposes Common […]
The post NEWS AND VIEWS FROM THE NEFARIUM MAY 30 2019 appeared first on Giza Death Star.
As of May 10, Mr. Trump has arbitrarily increased tariffs on Chinese goods imported into the US, worth about 200 billion dollars, from 10% to 25%. It is an action without any foundation. An action that makes no sense at all, as China can and will retaliate – and retaliate much stronger than what the impact of the US’s new “sanctions” may bear – because these arbitrary tariffs are nothing else but sanctions.
After the new coup attempt – or propaganda coup – Venezuela lives in a state of foreign imposed insecurity. The failed coup was executed on 30 April by Juan Guaidó, the self-proclaimed and Washington-trained and endorsed “interim President”, and the opposition leader, Leopoldo López, who was hurriedly freed from house arrest by Guaidó with a couple of dozens of armed-to-the-teeth defecting military, who apparently didn’t quite know what they were up to.
Less than a week ago, President Macron was lambasting Italy for signing agreements with China in the context of their New Silk Road, alias President Xi Jinping’s Belt and Road Initiative (BRI), in the same breath he was criticizing China for attempting to undermine Europe with new trade individual country deals under the pretext of BRI.
RT reported on March 26 that Russia is continuing to make great progress in putting an end to its dependence on American dollars when it comes to energy.
Energy giant Gazprom could become the first Russian company to exclude the US dollar from its foreign trade operations. It aims to switch to Russian rubles and other national currencies in payments for energy supplies.
China’s economic philosophy is a far cry from that of the west.
PressTV Interview with Peter Koenig
Transcript
Background
Iranian President Hassan Rouhani says the new US sanctions against Tehran show that Washington has targeted ordinary people.
BEIJING — In January, President Donald Trump took to Twitter to denounce Pakistan’s commitment to fighting terrorism. Twenty-four hours later, Pakistan’s central bank announced that it no longer would use the U.S. dollar in international transactions, and would instead switch to the Chinese yuan.
PressTV Interview – Transcript
Background
New Trade Sanctions by the US in the form of tariffs on US$ 200 billion Chinese exports to the US – China in a tit-for-tat move imposed new tariffs on 60 billion of US goods to China
China’s prime minister speaks out about the rise of unilateralism, saying the approach to trade will not solve any problems.
Transcript: PressTV Skype Interview with Peter Koenig
31 August 2018
Introduction
U-S President, Donald Trump, has threatened to withdraw from the World Trade Organization.
