Why Arabs Betrayed Gaza

Some Arabs wish to see Israel crush any semblance of Palestinian resistance. Ask any Arab ruler, and they will tell you of the great sacrifices their countries have made for Palestine and the Palestinians. However,…

Petro-Dollar Era OFFICIALLY OVER As Gazprom Begins Sales in Yuan & Rouble

Aug. 27 will officially go down as a red letter day in the history of reserve currencies and dollar hegemony in how oil and gas are purchased throughout the world. In a new announcement from the Russian business media source, Kommersant, Gazprom has conducted the first sale of oil in a currency other than the dollar, and will henceforth open their purchase window to accept both Roubles and Yuan for the exchange of oil and gas products. Beginning today with an 80000 ton oil shipment from their Arctic fields, Gazprom Neft agreed to new terms on the sale and transfer of oil through the Eastern Siberian-Pacific Ocean pipeline (ESPO) to China, and facilitating the future sale of oil and gas to both Europe and China through a currency other than the dollar. And although this is not the first real transaction for oil done outside the petro-dollar, as this occurred covertly by Iran for gold during the days of economic sanctions, it is the first official global offering by a major oil producer and will likely bring an end to the solitary system of nations being forced to buy dollars first before buying oil from producers such as OPEC and Russia.

Russian-Chinese Strategic Partnership Goes Global : Washington’s Nightmare

The Russian-Chinese strategic partnership (RCSP), indoctrinated in 1996, is Eurasia’s geopolitical anchor in the 21st century, shaping its evolution and entrance into the Multipolar World. No other political relationship between the two continents’ actors even comes close, with the RCSP’s only formidable rival being the US via its privileged military alliances with NATO, the Gulf Kingdoms, and Japan. In this century’s struggle for the supercontinent, the interplay between the RCSP and the US will come to define global politics. Detractors or Distracters? Much ado has been made in the Western media about the RCSP, with some highlighting its significance in challenging the Washington Consensus and others brushing it off as nothing more than Moscow’s increasing dependency on Beijing. The views of the former are often trumpeted to scare Americans and justify their government’s aggression against Russia and China, while the latter serves to feed a disinformation campaign meant to split Russia and China apart. Only rarely is the RCSP mentioned as a cautionary warning for the US to moderate its policies, which is the most responsible way to present this development to the Western voter.