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All content tagged: petrodollar

MintPress - 2020-01-17 - Original post - cached version

Since the U.S. killed Iranian General Qassem Soleimani and Iraqi militia leader Abu Mahdi al-Muhandis earlier this month, the official narrative has held that their deaths were necessary to prevent a vague, yet allegedly imminent, threat of violence towards Americans, though President Trump has...

The Duran - 2019-07-05 - Original post - cached version

Authored by Philip Giraldi via The Strategic Culture Foundation:

Over the past two years, the White House has initiated trade disputes, insulted allies and enemies alike, and withdrawn from or refused to ratify multinational treaties and agreements. It has also expanded the reach...

MintPress - 2019-02-14 - Original post - cached version

WASHINGTON — Last Wednesday, U.S. Secretary of State Mike Pompeo gave a disturbing interview to Fox Business Network in which he divulged his plans to form a NATO-type alliance against Iran. The U.S. has long accused Iran of supporting terrorism, accusations that have ramped up under the Trump...

The Duran - 2018-06-19 - Original post - cached version

The Trump White House formally announced the list of Chinese products to be hit with tariffs.

The US will implement 25% tariff on $50 Billion in Chinese imports, representing 1,102 product lines with the list of imported goods among those listed on China’s 2025 plan.

The US...

The Duran - 2018-05-17 - Original post - cached version

Following Trump’s withdrawal from the 2015 multilateral Joint Comprehensive Plan of Action on Iran’s nuclear enrichment program, and the resumption of extraterritorial sanctions coming up close behind, Europe is left with a sticky situation.

Either they can suit their own interests...

The Duran - 2018-05-10 - Original post - cached version

Yesterday, Putin observed the necessity of increasing Russia’s economic sovereignty and independence from the petrodollar system, stressing that the West is boosting this process through its economic bullying in the form of sanctions. TASS reports:

MOSCOW, May 8. /TASS...

MintPress - 2018-04-25 - Original post - cached version

CARACAS, VENEZUELA — With U.S. sanctions suffocating the South American nation of Venezuela, incumbent President, and U.S. target, Nicolas Maduro is preparing for an election in late May that will likely result in his retaining his office. This is unfortunate for Washington, which has thrown its...

The Duran - 2018-04-01 - Original post - cached version

China recently opened up crude oil futures trading this past Monday to a very enthusiastic market interest with its first day seeing nearly $3 billion, giving a considerable boost to the value of the Yuan on the international market. The opening of this new futures market is a bid to...

MintPress - 2018-02-15 - Original post - cached version

BEIJING — Wall Street is bracing for a potential shake-up as China is set to launch its first-ever crude oil futures contract late March at the Shanghai Futures Exchange.

The move, which had been laid out in 2012 but faced delays over possible market turbulence, could represent a bold...

The Duran - 2018-01-12 - Original post - cached version

The Petrodollar is gaining strength. So is the Petroruble, to coin a phrase.

Yes, that was a pun.

The truth is that over the last twelve months, oil prices have been gradually and steadily on the increase.  At the beginning of 2017, the price for a barrel of crude was about...

The Duran - 2017-12-12 - Original post - cached version


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The Duran - 2017-12-10 - Original post - cached version


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Corbett Report - 2017-12-09 - Original post - cached version


James Corbett joins Alfred Adask on the Financial Survival program every other week to discuss politics, finance, economics and society. This time they talk about Trump’s plan to move the American embassy in Israel to Jerusalem and the next stage of the Clash of Civilizations; the move to...

Corbett Report - 2017-12-08 - Original post - cached version

[audio mp3="http://www.corbettreport.com/mp3/2017-12-07%20Financial%20Survival.mp3"][/audio] James Corbett joins Alfred Adask on the Financial Survival program every other week to discuss politics, finance, economics and society. This time they talk about Trump's plan to move the American...
MintPress - 2017-12-08 - Original post - cached version

The more Washington lashes out in anger at those who will not bow to the unipolar world order, the more the rest of the world fights back. As the launch of its Yuan/Gold-settled oil futures looms, China is escalating its de-dollarization scheme further by seeking a bilateral rial-yuan agreement...

MintPress - 2017-12-04 - Original post - cached version

Months after Russia became the first country to announce the creation of a state-backed Cryptorouble, Venezuela has followed suit, announcing the creation of El Petro, a state-sanctioned cryptocurrency to be backed by Venezuela’s extensive reserves of crude oil.

Venezuela has already...

Corbett Report - 2017-11-24 - Original post - cached version


So what was the Saudi purge about, exactly? And what does Yemen have to do with this? And how about the South Pars oilfield? And what does all of that have to do with the price of tea in China? Confused? Well, you’re not the only one. Join James and Ernest Hancock on this special...

Corbett Report - 2017-11-22 - Original post - cached version

[audio mp3="http://www.corbettreport.com/mp3/2017-11-22%20James%20Corbett.mp3"][/audio] So what was the Saudi purge about, exactly? And what does Yemen have to do with this? And how about the South Pars oilfield? And what does all of that have to do with the price of tea in China? Confused?...
Corbett Report - 2017-11-19 - Original post - cached version


The House of Saud is in crisis as MBS consolidates his hold on the kingdom and prepares to transform Saudi Arabia in his image. But what is behind the purge, and how does it relate to the future of the world monetary system. Join James for a classic Corbett Report debriefing on the Saudi...

Corbett Report - 2017-11-17 - Original post - cached version

[audio mp3="https://www.corbettreport.com/mp3/episode323-lq.mp3"][/audio] The House of Saud is in crisis as MBS consolidates his hold on the kingdom and prepares to transform Saudi Arabia in his image. But what is behind the purge, and how does it relate to the future of the world monetary...
Corbett Report - 2017-11-09 - Original post - cached version

[audio mp3="http://www.corbettreport.com/mp3/2017-11-08%20Jacob%20Hornberger.mp3"][/audio] James Corbett appears twice a month on HoweStreet.com Radio to discuss economics, finance and geopolitics. This time, they talk about China's state-owned oil companies make a bid for a stake in Saudi...
Corbett Report - 2017-11-09 - Original post - cached version


Today James appears as a guest on The Hagmann Report to discuss How & Why Big Oil Conquered The World. Topics covered include the real aims of the oiligarchy, the technocratic “solution” to the death of the petrodollar, and the (engineered) rise of China and the coming (engineered)...

Corbett Report - 2017-11-08 - Original post - cached version

[audio mp3="http://www.corbettreport.com/mp3/2017-11-08%20Hagmann%20Report.mp3"][/audio] Today James appears as a guest on The Hagmann Report to discuss How & Why Big Oil Conquered The World. Topics covered include the real aims of the oiligarchy, the technocratic "solution" to the death...
MintPress - 2017-10-26 - Original post - cached version

Financial analysts are increasingly pointing out that China has some very grand plans when it comes to petroleum markets, and that if those plans succeed, the U.S. could see the dollar threatened as the top global currency. From CNBC on Tuesday:

China is looking to make a...

The Anti Media - 2017-10-13 - Original post - cached version

(ANTIMEDIA) — Saudi Arabia’s king, Salman bin Abdulaziz Al Saud, recently met with Russian President Vladimir Putin in what amounts to more than just a symbolic blow to the United States. While the two discussed a number of issues, including Syria and Iran, according to CNN it was oil that...

MintPress - 2017-10-10 - Original post - cached version

After Israel, Saudi Arabia has long been considered to be the United States’ greatest ally in the Middle East, a fact evidenced by long-standing Saudi-U.S. joint policies such as the petrodollar system, weapons deals, and Saudi support for broader U.S. geopolitical goals in the region. However,...

MintPress - 2017-09-22 - Original post - cached version

On Tuesday, Russian President Vladimir Putin dealt another blow to the flagging petrodollar system – a crucial component of U.S. economic “superiority” that creates artificial demand for the U.S. dollar by pricing oil and other goods on the international market in that currency. Putin instructed...

The Anti Media - 2017-09-20 - Original post - cached version

(ANTIMEDIA Op-ed) — 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...

MintPress - 2017-09-18 - Original post - cached version

In what is set to be a major blow to the U.S.’ increasingly fragile “petrodollar” system, Venezuela announced on Wednesday that it would no longer accept U.S. dollars as payment for its crude oil exports. According to the Wall Street Journal, Venezuela has begun using euros in lieu of the dollar...

The Anti Media - 2017-09-14 - Original post - cached version

(ZHE) — Did the doomsday clock on the petrodollar (and implicitly US hegemony) just tick one more minute closer to midnight?

Apparently confirming what President Maduro had warned following the recent US sanctions, The Wall Street Journal reports that Venezuela has officially stopped...

MintPress - 2017-06-29 - Original post - cached version

Late last week, Saudi Arabia and other members of the Gulf Cooperation Council (GCC) that are involved in attempting to isolate Qatar sent the tiny Gulf nation a list of 13 demands. They are insisting that Qatar meet these demands within ten days or face unspecified further action.

...
BSNEWS - 2017-06-28 - Original post - cached version

The United States’ ability to maintain its influence over the rest of the world has been slowly diminishing. Since the petrodollar was established in 1971, U.S. currency has monopolized international trade through oil deals with the Organization of the Petroleum Exporting Countries (OPEC) and...

MintPress - 2017-06-28 - Original post - cached version

Saudi King Salman, second right, walks with US President Donald Trump to attend the Arab Islamic American Summit, at the King Abdulaziz Conference Center, May 21, 2017, in Riyadh, Saudi Arabia. (AP/Evan Vucci)

 

(ANTIMEDIA) — OPINION — The United...

The Anti Media - 2017-06-26 - Original post - cached version

(ANTIMEDIA) — The United States’ ability to maintain its influence over the rest of the world has been slowly diminishing. Since the petrodollar was established in 1971, U.S. currency has monopolized international trade through oil deals with the Organization of the Petroleum Exporting Countries...

The Anti Media - 2017-03-27 - Original post - cached version

(MPN) One of the major tenets of Donald Trump’s presidential campaign was his promise to bring about “complete American energy independence,” a promise that won him the unwavering support of the U.S. fossil fuel industry and several key endorsements. After his election, Trump appeared to remain...

MintPress - 2017-03-27 - Original post - cached version

President Donald Trump shakes hands with Saudi Defense Minister and Deputy Crown Prince Mohammed bin Salman, Tuesday, March 14, 2017, in the State Dining Room of the White House in Washington. (AP/Evan Vucci)

WASHINGTON, DC – One of the major tenets of...

MintPress - 2017-02-06 - Original post - cached version

President-elect Donald Trump, center, listens to a member of the military in the stands as he watches an Army-Navy NCAA college football game at M&T Bank Stadium, Saturday, Dec. 10, 2016, in Baltimore. (AP/Andrew Harnik)

WASHINGTON — In the United States...

Giza Death Star - 2016-02-28 - Original post - cached version

4.89/5 (9) Yesterday I blogged about the wider context behind the USA's seemingly choatic and contradictory policies in the Middle East, which appear to be to create as much chaos as possible by inflaming internal and…

The post AND SPEAKING OF NEW ENERGY SOURCES: ENGINEERS DISCOVER...

The Anti Media - 2016-02-09 - Original post - cached version

This could spell bad news for the United States.

The post Iran Just Stuck a Major Blow Against the US Dollar appeared first on The Anti-Media.

The Anti Media - 2016-01-22 - Original post - cached version

Behind Saudi Arabia’s “special friendship” with the United States.

The post Why America Allows Saudi Arabia to Get Away with Blatant Human Rights Abuses appeared first on The Anti-Media.

The Anti Media - 2015-10-28 - Original post - cached version

With "friends" like these, who needs enemies?

The post This U.S. Ally Imprisons Women for the Crime of Being Raped appeared first on The Anti-Media.

The Anti Media - 2015-10-23 - Original post - cached version

Why won't the questions about Benghazi that actually matter be asked?

The post 3 Questions They Should ACTUALLY Be Asking Hillary About Benghazi but Won’t appeared first on The Anti-Media.

Dissident Voice - 2015-06-19 - Original post - cached version

A currency crisis is coming to the US and it’s only a matter of when, not if. Many have been warning about it for years, from politician Ron Paul to economist Peter Schiff to many other voices in the alternative media. It’s a mathematical certainty, and a question of when, not if. Recent events...

Corbett Report - 2015-06-18 - Original post - cached version

[audio mp3="http://www.corbettreport.com/mp3/2015-06-17%20Austin%20Green.mp3"][/audio] The world is getting crazier by the minute, and this week's headlines are a case in point. From the Texas bullion depository to the Greek odious debt argument to the China-Russia gas deal, James and Alfred...
Corbett Report - 2014-11-05 - Original post - cached version

[audio mp3="http://www.corbettreport.com/mp3/2014-11-05%20Caravan%20To%20Midnight.mp3"][/audio] James Corbett joins John B. Wells on Caravan To Midnight to discuss his documentary, "Century of Enslavement: The History of the Federal Reserve." Topics discussed include the history and function...

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