De-dollarization 'could happen much quicker than most think'
De-dollarization could occur quicker than anticipated, according to Michael Goddard, President of the Netley Group, speaking at the St. Petersburg International Economic Forum (SPIEF).
The BRICS countries, constituting Brazil, Russia, India, China, and South Africa, are spearheading the movement to reduce reliance on the US dollar. The bloc is considering various measures, including the creation of a common currency backed by gold or a basket of assets.
Goddard believes that if the BRICS countries and others begin trading in this new currency, it could significantly reduce the use of dollars in trade, leading to accelerated de-dollarization.
Sergey Vakhrukov, deputy secretary of Russia’s Security Council, emphasized the risks associated with Washington's use of the dollar as a sanctions tool. He warned that countries opposing US foreign policy face the threat of economic sanctions.
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De-dollarization could occur quicker than anticipated, according to Michael Goddard, President of the Netley Group, speaking at the St. Petersburg International Economic Forum (SPIEF).
The BRICS countries, constituting Brazil, Russia, India, China, and South Africa, are spearheading the movement to reduce reliance on the US dollar. The bloc is considering various measures, including the creation of a common currency backed by gold or a basket of assets.
Goddard believes that if the BRICS countries and others begin trading in this new currency, it could significantly reduce the use of dollars in trade, leading to accelerated de-dollarization.
Sergey Vakhrukov, deputy secretary of Russia’s Security Council, emphasized the risks associated with Washington's use of the dollar as a sanctions tool. He warned that countries opposing US foreign policy face the threat of economic sanctions.
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🗣️”The US sees only one opportunity to stop the irreversible rise of China. So they're doing everything imaginable to stop it. They're destabilizing, overthrowing governments all around China. They're targeting China itself and Taiwan being part of China. They're encouraging separatism. They're encouraging the very same sort of scenario they created in Ukraine to prompt the ongoing conflict we're watching unfold there now”: Brian Berletic, ex-US Marine Corps independent geopolitical researcher and writer based in Bangkok, on Washington’s plan to cling to world domination
🎧Listen to more of Berletic’s analysis in our podcast The Critical Hour
🎧Listen to more of Berletic’s analysis in our podcast The Critical Hour
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🇷🇺 Dmitry Medvedev attended a meeting of the working group of the Military-Industrial Commission of Russia dedicated to control over the production of popular types of weapons, as well as military and special equipment
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🗣️”Ukraine is dragging Europe with it inside that huge hole that [it] seems doesn't have an end, because Victoria Nuland told us that this war can last for one year, for six years, or for 16 years. And I don't think Europe has the appetite for that. This is why Macron is saying 'Okay, I am not yet jumping the European-US ship, but I am going to go closer to the BRICS where there are the African resources and the world resources”: Elijah Magnier, a veteran war correspondent, on France embarking on the path of its own politics
🎧Listen to more of Magnier’s analysis in our podcast Political Misfits
🎧Listen to more of Magnier’s analysis in our podcast Political Misfits
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The second day of #SPIEF2023 has ended.
Here are the main highlights:
▪️ ‘No country should take advantage out of energy crisis’: Hungary FM Szijjarto called out Ukraine for gouging gas prices.
▪️ A session noscriptd “Energy of the 21st Century: Challenges of Today as Opportunities for Tomorrow” was held.
▪️ The Northern Sea Route is the biggest achievement in the field of navigation, DP World CEO Sultan Ahmed bin Sulayem said.
▪️ The “Dedollarization: The Future of Money” panel was hosted.
▪️ Sanctions against Russia have led countries to think about diversifying their reserves, Russian Central Bank Governor Elvira Nabiullina said.
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Here are the main highlights:
▪️ ‘No country should take advantage out of energy crisis’: Hungary FM Szijjarto called out Ukraine for gouging gas prices.
▪️ A session noscriptd “Energy of the 21st Century: Challenges of Today as Opportunities for Tomorrow” was held.
▪️ The Northern Sea Route is the biggest achievement in the field of navigation, DP World CEO Sultan Ahmed bin Sulayem said.
▪️ The “Dedollarization: The Future of Money” panel was hosted.
▪️ Sanctions against Russia have led countries to think about diversifying their reserves, Russian Central Bank Governor Elvira Nabiullina said.
Subscribe to @SputnikInt
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🗣️”The problem is the current administration was put there by the United States. They're basically the Taiwan equivalent of Zelensky and his associates”: Brian Berletic, ex-US Marine, independent geopolitical researcher, and writer based in Bangkok, on the US Taiwanese administration
🎧Listen to more of Berletic’s analysis in our podcast The Critical Hour
🎧Listen to more of Berletic’s analysis in our podcast The Critical Hour
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Escalation of hostilities 'in UK interests' as London sends drones to Ukraine
The UK Ministry of Defense released a video showcasing drones on Twitter, featuring medium-sized drones with anti-submarine capabilities and a versatile reconnaissance drone.
Military historian Yuri Knutov believes that the UK's timing of this announcement is strategic, coinciding with the weakening of the Kiev regime’s forces.
According to Knutov, Ukrainian troops have struggled to achieve their objectives, failing to deliver a lightning strike and unable to cut off land supply routes to Crimea. Instead, they are currently engaged in fighting for advance strongholds.
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The UK Ministry of Defense released a video showcasing drones on Twitter, featuring medium-sized drones with anti-submarine capabilities and a versatile reconnaissance drone.
Military historian Yuri Knutov believes that the UK's timing of this announcement is strategic, coinciding with the weakening of the Kiev regime’s forces.
According to Knutov, Ukrainian troops have struggled to achieve their objectives, failing to deliver a lightning strike and unable to cut off land supply routes to Crimea. Instead, they are currently engaged in fighting for advance strongholds.
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🔺Erdogan says “no” to NATO membership for Sweden at Vilnius summit
🔺Macron departing from policy of collective West, moving towards BRICS?
🔺Africa is encouraging de-dollarization: ‘We must stop dependence on US dollar,’ Kenyan president says
The Critical Hour will cover these and more stories! Tune in to Radio Sputnik at 6pm EST|3pm PST|12am CET via the website or app
📻 Also in the United States at 105.5FM, 104.7FM, 102.9FM, 1390AM, 1140AM
🔺Macron departing from policy of collective West, moving towards BRICS?
🔺Africa is encouraging de-dollarization: ‘We must stop dependence on US dollar,’ Kenyan president says
The Critical Hour will cover these and more stories! Tune in to Radio Sputnik at 6pm EST|3pm PST|12am CET via the website or app
📻 Also in the United States at 105.5FM, 104.7FM, 102.9FM, 1390AM, 1140AM
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Zelensky spouts lies to Americans, claiming Ukraine was ‘not planning to attack Russia’
A US report highlights that Ukrainian President Volodymyr Zelensky lied when he claimed that Ukraine had no plans to attack Russia during his media tour of the United States.
The report states that there is now undeniable evidence that Ukraine has been carrying out aggressive attacks on Russian territories, including cross-border raids, drone strikes, and attacks on civilian infrastructure. Ukraine has been supported with significant military assistance from the US and NATO allies, fueling the escalation.
The report criticizes the mainstream US media for downplaying these developments and failing to scrutinize the US government's false claims.
The report emphasizes that the US government consistently presents false information to maintain a war policy that diverges greatly from its initial presentation.
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A US report highlights that Ukrainian President Volodymyr Zelensky lied when he claimed that Ukraine had no plans to attack Russia during his media tour of the United States.
The report states that there is now undeniable evidence that Ukraine has been carrying out aggressive attacks on Russian territories, including cross-border raids, drone strikes, and attacks on civilian infrastructure. Ukraine has been supported with significant military assistance from the US and NATO allies, fueling the escalation.
The report criticizes the mainstream US media for downplaying these developments and failing to scrutinize the US government's false claims.
The report emphasizes that the US government consistently presents false information to maintain a war policy that diverges greatly from its initial presentation.
Subscribe to @SputnikInt
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💉 Successful tumor removal using 3D volume reconstruction: breakthrough surgical technique employed at Russian hospital
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Forwarded from Sputnik News India
❗️ 🇲🇲Myanmar, 🇱🇰Sri Lanka & 🇰🇬Kyrgyzstan willing to agree on construction of nuclear power plants (NPPs) with Russia: Alexey Likhachev, Director General of Rosatom 🇷🇺
#SPIEF2023
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#SPIEF2023
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Former British Prime Minister Boris Johnson has launched a counter-offensive against MPs who found him in contempt of Parliament over after-hours parties at Downing Street
Johnson accused the Parliamentary Standards Committee, particularly chairwoman Harriet Harman, of bias and linked the inquiry to the Brexit issue. He also accused Conservative MP Sir Bernard Jenkin of hypocrisy for attending a birthday party at the House of Commons.
Johnson's response came as the committee released its report, which accused him of deliberately misleading Parliament and stated that he would have faced a 90-day suspension if he had not already announced his resignation as an MP.
The committee's report highlighted various incidents, including surprise birthday parties and farewell gatherings for departing staff, where Johnson defended their legality and necessity. He emphasized that the Metropolitan Police had investigated his role and found no unlawfulness.
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Johnson accused the Parliamentary Standards Committee, particularly chairwoman Harriet Harman, of bias and linked the inquiry to the Brexit issue. He also accused Conservative MP Sir Bernard Jenkin of hypocrisy for attending a birthday party at the House of Commons.
Johnson's response came as the committee released its report, which accused him of deliberately misleading Parliament and stated that he would have faced a 90-day suspension if he had not already announced his resignation as an MP.
The committee's report highlighted various incidents, including surprise birthday parties and farewell gatherings for departing staff, where Johnson defended their legality and necessity. He emphasized that the Metropolitan Police had investigated his role and found no unlawfulness.
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📹 Ka-52 destroys two Ukrainian tanks
A Ka-52 crew repulsed an attack by the Ukrainian Armed Forces in the DPR and destroyed two tanks that were firing on the positions of Russian troops. Both enemy vehicles were destroyed along with their crews.
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A Ka-52 crew repulsed an attack by the Ukrainian Armed Forces in the DPR and destroyed two tanks that were firing on the positions of Russian troops. Both enemy vehicles were destroyed along with their crews.
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🇺🇸 US may become isolated if it focus solely on American interests, Kissinger says
💬 "In the present period, the debate had shifted to extremes in which there is an extreme theory of America first, which is applied on both sides, but in such a way that it focuses too much on American interests and not on global interests," former US Secretary of State and prominent geopolitical figure Henry Kissinger said in an exclusive interview with Bloomberg.
Touching on US-China tensions over Taiwan, Kissinger warned that a military conflict is a probability given the current direction of the bilateral relationship.
He added that it is presently up to both sides to step back from "the top of a precipice."
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💬 "In the present period, the debate had shifted to extremes in which there is an extreme theory of America first, which is applied on both sides, but in such a way that it focuses too much on American interests and not on global interests," former US Secretary of State and prominent geopolitical figure Henry Kissinger said in an exclusive interview with Bloomberg.
Touching on US-China tensions over Taiwan, Kissinger warned that a military conflict is a probability given the current direction of the bilateral relationship.
He added that it is presently up to both sides to step back from "the top of a precipice."
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🇰🇵🇰🇷 Seoul recovers rocket used in botched North Korean satellite launch
The South Korean Joint Chiefs of Staff announced that it recovered what it believes to be the second-stage propellant of the North Korean space launch vehicle Chollima Type 1.
It was described as 2.5 meters in diameter and 12 meters long. Preliminary analysis leads South Korean authorities to believe the rocket’s engine, fuel cylinder and oxidizer cylinder may all still be intact.
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The South Korean Joint Chiefs of Staff announced that it recovered what it believes to be the second-stage propellant of the North Korean space launch vehicle Chollima Type 1.
It was described as 2.5 meters in diameter and 12 meters long. Preliminary analysis leads South Korean authorities to believe the rocket’s engine, fuel cylinder and oxidizer cylinder may all still be intact.
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