Wednesday, January 27, 2021

Tag: China

De-Dollarisation: Central Banks Led by Russia, China, Poland Buy Record-Breaking $15.7bn in Gold

from Sputnik News:

Amid the uncertainty, prompted by the simmering trade tensions between China and the US, Brexit chaos and the US-Iran standoff, public financial institutions, as well as investors all over the world, are opting for the safe haven that the precious metal provides.

Central banks bought 374 tonnes of gold in the first half of this year, which is the largest-ever acquisition by public institutions in the first 6 months of a calendar year, The Financial Times reports, citing the World Gold Council. They bought bullions worth a record $15.7 billion, accounting for one-sixth of total gold demand since the beginning of 2019.

Russia, China, Iran & Venezuela developing crypto to challenge US financial control – study

from RT:

A new report by the American Foundation for Defense of Democracies (FDD) says the US’ geopolitical adversaries are deploying blockchain technology to help avoid sanctions and counter US financial power.

According to the FDD, with the increase of adoption of cryptocurrencies around the world, efforts are underway to build new systems for transferring value that work outside of conventional banking infrastructure.

Governments in Russia, China, Iran, and Venezuela are experimenting with the technology that underpins the crypto market, said the report. They are prioritizing blockchain technology as a “key component of their efforts to counter US financial power.”

IRAN, RUSSIA, CHINA, AND THE SILK ROAD

by Joseph P. Farrell, Giza Death Star:

This has been one of those weeks in which news events have overtaken my original intentions for articles to blog about. And this is one of those cases, as E.G. brought this article from Zero Hedge to my attention:

Declassified: The Sino-Russian Masterplan To End U.S. Dominance In Middle East

In yesterday’s New’s and and Views from the Nefarium, I outlined a high octane speculation scenario concerning the recent attacks on tankers in the Persian Gulf. There’s no question that attacks occurred. The real question is, who actually did it and how was it actually done? Iran, as the US is claiming? Or is this a false flag? Was it a mine? or as the Japanese ship’s crew maintains, something that flew into the ship?

Pentagon Obsession: China, China, China

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by Pepe Escobar, Strategic Culture:

Chinese nuclear bombers. Chinese hypersonic missiles. Chinese carrier killer missiles. Chinese cyberattacks. Chinese anti-satellite weaponry. Chinese militarization of the South China Sea. Chinese Huawei spying.

So many Chinese “malign intentions”. And we’re not even talking about Russia.

Few people around the world are aware that the Pentagon for the moment is led by a mere “acting” Defense Secretary, Patrick Shanahan.

That did not prevent “acting” Secretary to shine in the red carpet when presenting the Trump administration’s 2020 Pentagon budget proposal – at $718 billion – to the Senate Armed Services Committee: the top US national security threat is, in his own (repeated) words, “China, China, China”.

Carmageddon for Ford in the US, China, and Europe

by Wolf Richter, Wolf Street:

The New Emissions & Fuel-Economy Cheating Scandal is just a Dimple. 

It’s tempting to think that Ford’s Carmageddon is a new “dieselgate” after Ford announced last night that “a handful of employees raised a concern” about its testing procedures for fuel economy and emissions certifications. Sure, Ford might get nailed. It’s furiously trying to make the getting-nailed less painful by announcing a slew of actions and self-reporting this debacle – well, the “potential concerns” – to the EPA and the California Air Resources Board rather than covering it up.

GOOGLE & APPLE REACH DEAL WITH RUSSIA, CHINA, & SAUDI ARABIA TO CENSOR POPULATIONS

from InfoWars:

Big Tech in league with authoritarian dictatorships to crush dissent and control free thought

Alex Jones breaks down the unholy alliance forged between Big Tech’s Google and Apple with Communist China, Saudi Arabia, and Russia to censor populations on a planetary scale never before witnessed.

Russia, China, India and Iran: The Magic Quadrant That is Changing the World

by Federico Pieraccini, Strategic Culture:

With the end of the unipolar moment, which saw Washington dominate international relations, the richest and most powerful Eurasian countries are beginning to organize themselves into alliance structures and agreements that aim to facilitate trade, development and cooperation.

At the height of the US unipolar moment, Bill Clinton was leading a country in full economic recovery and the strategists at the Pentagon were drawing up plans to shape the world in their own image and likeness. The undeclared goal was regime change in all countries with unapproved political systems, which would allow for the proliferation of us-made “democracy” to the four corners of the earth. Clearly Eurasian countries like Russia, India, China and Iran were on top of the to-do list, as were countries in the Middle East and North Africa.

RUSSIA, CHINA, AND THOSE IONOSPHERIC HEATERS AND OTHER STUFF: PART ONE

by Joseph P. Farrell, Giza Death Star:

Well, now it’s official, more or less. We’ve always known that Russia and China (as well as Europe and a couple of other places, Japan… you get the idea) have their own versions of HAARP (High Altitude Auroral Research Project). And we’ve always known that they have been just as active in heating up regions of the atmosphere along with the USA with its HAARP, and Europe(i.e., Germany) with its EISCAT. This story was spotted by several regular readers and contributors of stories, and the article, in effect, makes it “official”: Russia and China are coordinating and cooperating in their own experiments using the Russian SURA facility. The real question for our high octane speculation of the day, is why admit it now?

Turkey Seeks to Trade in National Currencies With Russia, China, Iran

from Sputnik News:

Turkish Foreign Minister Mevlut Cavusoglu’s recent remarks echoed President Recep Tayyip Erdogan’s earlier call to put an end to the dollar’s domination and begin trading in national currencies.

Delivering an opening speech at the 18th session of the D-8 Council of Foreign Ministers in Antalya, Turkish Foreign Minister Mevlut Cavusoglu announced that Ankara was looking to engage in trade with Russia, China and Iran using national currencies.

“We are experiencing a period of trade wars. The best response against this would be using our local currencies in trade. Turkey is preparing to do trade in local currencies with countries such as China, Russia, Iran and Ukraine. We also continue such negotiations with other countries,” he said.