5
Jul 19

It was nice knowing you

De-dollarization?

de-dollarization

De-dollarization

 

An article about de-dollarization.

https://www.strategic-culture.org/news/2019/07/04/goodbye-dollar-it-was-nice-knowing-you/

INSTEX is the Instrument in Support of Trade Exchanges and it permits companies in Europe to do business with countries like Iran, avoiding American sanctions by trading outside the SWIFT system, which is dollar denominated and de facto controlled by the US Treasury.

Not pleased at all

Sigal Mandelker official photo

Sigal Mandelker official photo

 

This will not please Sigal P. Mandelker, who is an American (Israeli dual citizen born in Israel) lawyer and government official who currently serves as Under Secretary of the Treasury for Terrorism and Financial Intelligence. Mandelker also served as the Acting United States Deputy Secretary of the Treasury from 2017-2018.

British Marines Seize Iranian Supertanker

https://time.com/5620664/british-marines-oil-tanker-iran/

A British Royal Navy ship (L) patrols near supertanker Grace 1 suspected of carrying crude oil to Syria in violation of EU sanctions after it was detained off the coast of Gibraltar on July 4, 2019. JORGE GUERRERO—AFP/Getty Images

A British Royal Navy ship (L) patrols near supertanker Grace 1 suspected of carrying crude oil to Syria in violation of EU sanctions after it was detained off the coast of Gibraltar on July 4, 2019.
JORGE GUERRERO—AFP/Getty Images

 

 

 

 

 

 

 

 

 

 

 

Iran fury as Royal Marines seize tanker suspected of carrying oil to Syria

Iran summons UK ambassador over incident off Gibraltar as tensions escalate over nuclear deal

https://www.theguardian.com/world/2019/jul/04/royal-marines-gibraltar-tanker-oil-syria-eu-sanctions

 

An image issued by the Ministry of Defence of the supertanker Grace 1, believed to be carrying 2m barrels of crude oil. Photograph: MoD/PA

An image issued by the Ministry of Defense of the supertanker Grace 1, believed to be carrying 2m barrels of crude oil. Photograph: MoD/PA

 

 

29
Jun 19

Swift destruction?

EU Announces Channel To Circumvent SWIFT

And Iran Sanctions Is Now Operational

https://www.rt.com/news/462944-eu-channel-iran-sanctions-bypass/

The "bankers" will not be best pleased, Trump and his backers are not pleased. One headline prefaces with "Trump to unleash Hell on Europe" (which is of course exaggerated).  Iran now has a means to circumvent sanctions.  Is this a case of Mahershalalhashbaz (LOL)...... SWIFT is booty, speedy is prey  (Isa 8.3). The EU is still trying to broker peace. What is wrong with them?  Did they not get the war memo?  Perhaps they don't want another 2 million Middle East refugees.  Spoilsports.  It all helps diversity.

 

Fill your Gas tank

Transport of Petroleum Products

Transport of Petroleum Products

 

 

 

 

 

 

 

 

 

 

 

Seems like Saudi Arabia will not be able to continue supply when war starts.

Even with their alternative pipeline there will not be enough to go around.

What a pity that the coup in Venezuela failed.

The Oil Crisis Saudi Arabia Can't Solve
https://oilprice.com/Energy/Crude-Oil/The-Oil-Crisis-Saudi-Arabia-Cant-Solve.html

 

Moron sends aircraft to Qatar

 

Arrival of fighter jets in Qatar

Arrival of fighter jets in Qatar

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


(P.S. Moron is the name of the Spanish US base it means something like "hillock" (or perhaps pillock?))

A Dozen U.S. F-22 Raptor Stealth Jets Make Their Return To The Persian Gulf Region
https://theaviationist.com/2019/06/28/a-dozen-u-s-f-22-raptor-stealth-jets-make-their-return-to-the-persian-gulf-region/