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How crude: Could Europe ‘dump the dollar’ in energy trade with Iran?

Does European economic and energy security mean circumventing America?

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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 and express their regret to their American partner, or, vice versa, abide by America’s foreign policy of Iranian isolation and drop all business ties with Iran.

But is there a possible third option? Could Europe maintain its business with Iran and save the nuclear deal without altogether rupturing the transatlantic relationship with America? That might just be possible, although not particularly popular on America’s side of the pond.

As America’s anti-Iran sanctions apply to companies doing business using the American dollar, and given that oil is generally purchased using American dollars, it would seem that Iran’s energy business with Europe is altogether doomed. However, Europe has its own international currency, just without the clout that dollar has. Could the Europeans use their own currency to buy oil and gas from Iran and thereby skirt around America’s extraterritorial impositions?

RT reports:

The European Union is planning to switch payments to the euro for its oil purchases from Iran, eliminating US dollar transactions, a diplomatic source told RIA Novosti.
Brussels has been at odds with Washington over the US withdrawal from the Iran nuclear deal, which was reached during the administration of Barack Obama. President Donald Trump has pledged to re-impose sanctions against the Islamic Republic.

“I’m privy to the information that the EU is going to shift from dollar to euro to pay for crude from Iran,” the source told the agency.

Earlier this week, EU foreign policy chief Federica Mogherini said that the foreign ministers of the UK, France, Germany, and Iran had agreed to work out practical solutions in response to Washington’s move in the next few weeks. The bloc is reportedly planning to maintain and deepen economic ties with Iran, including in the area of oil and gas supplies.

Mogherini stressed that the sides should jointly work on the lifting of sanctions as an integral part of the historic nuclear deal. “We’re not naive and know it will be difficult for all sides.”

The Iran nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), was sealed three years ago in Vienna between Tehran and the P5+1 powers (China, France, Russia, UK, US, plus Germany). The agreement saw decades-long international sanctions lifted in exchange for Iran curbing its controversial nuclear program. On January 16, 2016, the parties to the deal announced the beginning of its implementation.

The lifting of international sanctions gave Iran access to the world’s markets for the first time in nearly four decades. Since then, Tehran has managed to significantly increase its exports of crude.

However, oil is pegged to the US dollar on international markets, making it difficult for Iran’s partners to make payments for crude and for Tehran to receive them. With the dollar playing the leading role on international financial markets, re-imposing sanctions would mean cutting Iran off from the global financial system.

At the same time, dozens of contracts signed between European businesses and the Islamic Republic could be at risk of cancellation if Brussels obeys Washington’s sanctions. This would damage Iran’s economy and European firms would lose a huge market in the Middle East. Switching to alternative settlement currencies allows both sides to continue trading despite US sanctions.

Generally speaking, any country that wants to buy oil needs to buy dollars first, with which to accomplish the commodity purchase, which is a major aspect of the dollar’s global hegemony in international trade.

The US, in attempting to maintain this, has been resorting to international bullying in its sanctions and financial practices, which, continuing down this path, is only ensuring America’s eventual irrelevance on the global economical stage.

We have seen how this is happening around the world, with China’s introduction of the Petroyuan, Venezuela’s petro, and with bilateral trade deals and banks being erected so as to side step both the dollar and American economic sanctions.

Putin has made a similar such statement, stressing that Russia must seek a sort of independence from the influence of the US petrodollar.

In recent months, Europe has encountered a slew of new economic problems, which mostly seem to be part of the fallout from the nuclear bomb that Trump has become to the European economy.

On a diplomatic note, the choices that are being clearly outlined both here and elsewhere by other European leaders, are that Europe must decide whether its relationship with America comes before Europe’s own intrinsic and existential interests.

The EU must stand up for its own sovereignty and security and economic welfare by standing together and coordinating a cooperative foreign and security polity, and circumventing America, particularly its petrodollar, can be a major part of that stand.

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All Sanctions Against Russia Are Based on Lies

All of the US sanctions levied against Russia are based on lies and fabrications.

Eric Zuesse

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Eric Zuesse, originally posted at strategic-culture.org:


All of the sanctions (economic, diplomatic, and otherwise) against Russia are based on clearly demonstrable intentional falsehoods; and the sanctions which were announced on August 8th are just the latest example of this consistent tragic fact — a fact which will be proven here, with links to the evidence, so that anyone who reads here can easily see that all of these sanctions are founded on lies against Russia.

The latest of these sanctions were announced on Wednesday August 8th. Reuters headlined “US imposes sanctions on Russia for nerve agent attack in UK” and reported that, “Washington said on Wednesday it would impose fresh sanctions on Russia by the end of August after it determined that Moscow had used a nerve agent against a former Russian agent and his daughter in Britain.” This was supposedly because “Sergei Skripal, a former colonel in Russia’s GRU military intelligence service, and his 33-year-old daughter, Yulia, were found slumped unconscious on a bench in the southern English city of Salisbury in March after a liquid form of the Novichok type of nerve agent was applied to his home’s front door. European countries and the United States expelled 100 Russian diplomats after the attack, in the strongest action by President Donald Trump against Russia since he came to office.”

However, despite intense political pressure that the UK Government and ‘news’media had placed upon the UK’s Porton Down intelligence laboratory to assert that the poison had been made in Russia (labs in several countries including the UK have also manufactured it), the Porton Down lab refused to say this. Though the US Government is acting as ifPorton Down’s statement “determined that Moscow had used a nerve agent,” the actual fact is that Porton Down still refuses to say any such thing, at all — this allegation is merely a fabrication by the US Government, including its allies, UK’s Government and other Governments and their respective propaganda-media. It’s a bald lie.

On March 18th, the great British investigative journalist and former British diplomat Craig Murray had headlined about UK’s Foreign Secretary, “Boris Johnson Issues Completely New Story on Russian Novichoks” and he pointed to the key paragraph in the Porton Down lab’s statement on this matter — a brief one-sentence paragraph:

Look at this paragraph:

“Russia is the official successor state to the USSR. As such, Russia legally took responsibility for ensuring the CWC [Chemical Weapons Convention] applies to all former Soviet Chemical Weapons stocks and facilities.”

It does not need me to point out, that if Porton Down had identified the nerve agent as made in Russia, the FCO [Foreign and Commonwealth Office — UK’s foreign ministry]would not have added that paragraph. Plainly they cannot say it was made in Russia.

Murray’s elliptical report, which unfortunately was unclearly written — it was rushed, in order to be able to published on the same day, March 18th, when the UK’s official response to the Porton Down lab’s analysis was published — was subsequently fully explained on March 23rd at the excellent news-site Off-Guardian, which specializes in investigating and interpreting the news-media (in this case, Craig Murray’s article, and the evidence regarding it); they headlined “Skripal case: ‘closely related agent” claim closely examined’,” and concluded their lengthy and detailed analysis:

In short, the ruling cited above, even if read in the most improbably forgiving way possible, shows the UK government does not have the information to warrant any of the claims it has so far made about Russian state involvement in the alleged poisoning of the Skripals. It shows the UK government is currently guilty of lying to Parliament, to the British people, and to the world.

Nothing has been published further about the Skripal/Novichoks matter since then, except speculation that’s based on the evidence which was discussed in detail in that March 23rdarticle at Off-Guardian.

On the basis of this — merely an open case which has never been examined in more detail than that March 23rd analysis did — the Skripal/Novichok case has been treated by the UK Government, and by the US Government, and by governments which are allied with them, and by their news-media, as if it were instead a closed case, in which what was made public constitutes proof that the Skripals had been poisoned by the Russian Government. On that blatantly fraudulent basis, over a hundred diplomats ended up being expelled.

The Porton Down lab still refuses to say anything that the UK Government can quote as an authority confirming that the Skripals had been poisoned by the Russian Government.

All that’s left of the matter, then, is a cold case of official lies asserting that proof has been presented, when in fact only official lies have been presented to the public.

The UK Government prohibits the Skripals from speaking to the press, and refuses to allow them to communicate even with their family-members. It seems that they’re effectively prisoners of the UK Government — the same Government that claims to be protecting them against Russia.

This is the basis upon which the US State Department, on August 8th, issued the following statement to ‘justify’ its new sanctions:

Imposition of Chemical and Biological Weapons Control and Warfare Elimination Act Sanctions on Russia

Press Statement

Heather Nauert 

Department Spokesperson

Washington, DC

August 8, 2018

Following the use of a “Novichok” nerve agent in an attempt to assassinate UK citizen Sergei Skripal and his daughter Yulia Skripal, the United States, on August 6, 2018, determined under the Chemical and Biological Weapons Control and Warfare Elimination Act of 1991 (CBW Act) that the Government of the Russian Federation has used chemical or biological weapons in violation of international law or has used lethal chemical or biological weapons against its own nationals.

Following a 15-day Congressional notification period, these sanctions will take effect upon publication of a notice in the Federal Register, expected on or around August 22, 2018.

US law is supposed to be “innocent until proven guilty” — the opposite of legal systems in which the contrary assumption applies: “guilty until proven innocent.” However, regarding such matters as invading and destroying Iraq in 2003 upon the basis of no authentic evidence; and invading and destroying Libya in 2011 on the basis of no authentic proof of anyone’s guilt; and on the basis of invading and for years trying to destroy Syria on the basis of America’s supporting Al Qaeda in Syria against Syria’s secular government; and on the basis of lying repeatedly against Russia in order to load sanction after sanction upon Russia and to ‘justify’ pouring its missiles and thousands of troops onto and near Russia’s border as if preparing to invade ‘the world’s most aggressive country’ — the US federal Government routinely violates that fundamental supposition of its own legal system (“innocent until proven guilty”), whenever its rulers wish. And yet, it calls itself a ‘democracy’.

Donald Trump constantly says that he seeks improved relations with Russia, but when his own State Department lies like that in order to add yet further to the severe penalties that it had previously placed against Russia for its presumed guilt in the Skripal/Novichok matter, then Trump himself is publicly exposing himself as being a liar about his actual intentions regarding Russia. He, via his Secretary of State Mike Pompeo’s State Department, not only is punishing Russia severely for this unproven allegation, but now adds yet further penalties against Russia for it. Trump is being demanded by the US Congress to do this, but it is his choice whether to go along with that demand or else expose that it’s based on lies. He likes to accuse his opponents of lying, but, quite obviously, the members of Congress who are demanding these hiked rounds of sanctions against Russia are demanding him to do what he actually wants to do — which is now clearly demonstrated to be the exact opposite of exposing those lies. If Trump is moving toward World War III on the basis of lies, then the only way he can stop doing it is by exposing those lies. He’s not even trying to do that.

Nothing is being said in the State Department’s cryptic announcement on August 8th that sets forth any reasonable demand which the US Government is making to the Russian Government, such that, if the reasonable demand becomes fulfilled by Russia’s Government, then the United States Government and its allies will cease and desist their successive, and successively escalating, rounds of punishment against Russia.

Russia is being offered no path to peace, but only the reasonable expectation of escalating lie-based American ‘justifications’ to perpetrate yet more American-and-allied aggressions against Russia.

There have been three prior US excuses for applying prior rounds of sanctions against Russia, and all of them have likewise been based upon lies, and varnished with many layers of overstatements.

First, in 2012, there was the Magnitsky Act, which was based upon frauds (subsequently exposed here and here and here) which assert that Sergei Magnitsky was murdered by the Russian Government. The evidence (as linked-to there) is conclusive that he was not; but the US Government and its allies refuse even to consider it.

Then, in 2014, Crimea broke away from Ukraine and joined the Russian Federation, and the US and its allies allege that this was because Russia under Putin ‘seized’ Crimea from Ukraine, when in fact America under Obama had, just weeks prior to that Crimean breakaway, seized Ukraine and turned it against Russia and against Crimea and the other parts of Ukraine which had voted overwhelmingly for the democratically elected Ukrainian President whom the Obama regime had just overthrown in a bloody coup that had been in the planning ever since at least 2011 inside the Obama Administration. Several rounds of US-and-allied economic sanctions were imposed against Russia for that — for the constant string of lies against Russia, and of constant cover-ups of “the most blatant coup in history,” which had preceded and caused the breakaway.

These lies originated with Obama; and Trump accuses Obama of lying, but not on this, where Obama really did lie, psychopathically. Instead, Trump makes those lies bipartisan. On what counts the most against Obama, Trump seconds the Obama-lies, instead of exposing them. And yet Trump routinely has accused Obama as having lied, even on matters where it’s actually Trump who has been lying about Obama.

Then, there have been the anti-Russia sanctions that are based upon Russiagate and ‘Trump is Putin’s stooge and stole the election.’ That case against Russia has not been proven, and Wikileaks’ founder Julian Assange says that what he had published were leaks from the DNC and Podesta’s computer, not hacks at all; and yet the sanctions were imposed almost as soon as the Democratic Party’s accusations started. Those sanctions, too, are utterly baseless except as being alleged responses to unproven (and likely false) allegations. Furthermore, even in the worst-case scenario: the US Government itself routinely overthrows foreign governments, and continues tapping the phones and electronic communications of foreign governments, and manipulating elections abroad. Even in the worst-case scenario, Russia hasn’t done anything that historians haven’t already proven that the US Government itself routinely does. That’s the case even if Russia is guilty as charged, on all of the U.S-and-allied accusations.

So: Who wants World War III? Apparently, both the Democratic and the Republican Parties do. Obama called Russia the world’s most aggressive nation. Trump joins with him in that bipartisan lie. Outside of America itself, most of the world consider the United States to be actually the “greatest threat to peace in the world today.” Therefore, why isn’t the NATO alliance against America? The NATO alliance is America and most of its vassal-nations: they’re all allied against Russia. Their war against Russia never stopped. That ‘Cold War’ continued, even after the USSR and its communism and its Warsaw Pact mirror-image to NATO, all ended in 1991; and now the intensifying ‘cold war’ threatens to become very hot. All based on lies. But that seems to be the only type of ‘justifications’ the US-and-allied tyrants have got.

Either the lies will stop, or else we all will. Trump, as usual, is on the wrong side of the lies. And he seems to be too much of a coward to oppose them, in these cases, which are the most dangerous lies of all. This is how we could all end. Doing something heroic that would stop it, seems to be way beyond him — he doesn’t even try. That’s the type of cowardice which should be feared, and despised, the most of all. Trump has taken up Obama’s worst, and he runs with it. Trump had promised the opposite, during his Presidential campaign. But this is the reality of Trump — a profoundly filthy liar — at least insofar as he has, thus far, shown himself to be. What he will be in the future is all that remains in question. But this is what he has been, up till now.

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Germany Returning Migrants to Greece

Germany’s policy contradicts claims that the migrants are “war refugees,” because if that were the case, they’d seek asylum at the nearest, non-wartorn country.

The Duran

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Via Infowars Europe:


Germany will soon send back migrants to Greece if they had already applied for asylum there.

The two countries made the deal at the behest of German Chancellor Angela Merkel, whose coalition government is on shaky ground due to increased opposition to her immigration policies.

“EU law states that refugees should apply for asylum in the first EU country they reach, but Germany has typically allowed newcomers with open applications elsewhere to reside in the country as it examines their claim,” reported the Wall Street Journal. “In practice, very few ever leave Germany, even if they fail to obtain asylum there.”

Germany’s policy contradicts claims that the migrants are “war refugees,” because if that were the case, they’d seek asylum at the nearest, non-wartorn country.

In fact, many of the migrants travel across multiple European countries, including Greece, to seek asylum in Germany, which under Merkel has offered comprehensive welfare to migrants.

Merkel’s recent immigration backtrack was also likely influenced by the backlash against open borders in neighboring countries, particularly Austria.

Austria has ramped up deportations under recently-appointed Chancellor Sebastian Kurz.

“I’m convinced that the solution to the migrant problem lies with decent border protection and stronger help in countries of origin,” he said earlier this year.

Poland, Hungary and other Eastern European countries have similarly sealed off their borders to the chagrin of the EU, which had previous demanded “migrant quotas” for each member nation.

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Why Trump revoked former CIA Director’s security clearance

John Brennan loses his security clearance under suspicion that he was monetizing intelligence – this claim put forth by Senator Rand Paul.

Seraphim Hanisch

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On Wednesday August 15, 2018, President Trump revoked former CIA director John Brennan’s security clearance. The announcement was a significant story on Fox News as shown here:

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President Trump […] revoked the security clearance for former CIA Director John Brennan, the White House announced Wednesday, in the first decision to come from a review of access for several top Obama-era intelligence and law enforcement officials.

White House Press Secretary Sarah Sanders read a statement on behalf of the president during the start of the press briefing, saying Brennan “has a history that calls his credibility into question.”

The statement also claimed Brennan had been “leveraging” the clearance to make “wild outbursts” and claims against the Trump administration in the media.

The President has a constitutional responsibility to protect classified information and who has access to it, and that’s what he’s doing is fulfilling that responsibility in this action,” Sanders said Wednesday.

A further report and video on this matter noted that John Brennan was the first of a fairly significant number of former Obama-era intelligence officials whose security clearances are under review for possible revocation. These agents are shown below:

Naturally, the group targeted for review is crying foul and pushing the narrative that “Trump is afraid of us and what we know…”, though this does not bear up under the scrutiny of a nearly two-year investigation that has revealed absolutely no sign of a collusion between the Trump campaign and Russian agencies.

The curious nature of American government and politics is worth noting here. In addition this newspiece raises a question:

Why are former intelligence agents allowed to keep their security clearances upon termination of their employment?

This is very strange. When corporate employees in a secured firm are fired or resign or retire, their security clearances are revoked immediately. This is how a company protects its information from falling into competitor’s hands or even to hostile powers beyond the corporate world. It is standard operating procedure.

But when the US Intelligence services are concerned, this is apparently not happening. It is very surprising to see the names on this consideration list.

This concern was shared by a healthy number of Republican Senators, as reported by CNN:

Senate Majority Whip John Cornyn, the chamber’s second-ranking Republican, said Thursday he doesn’t understand why former employees have access to classified information at all.

He said he hardly believes Brennan was assisting the Trump White House — a reason given for why some former intelligence community employees can maintain their security clearance — and that Trump’s concern has been individuals monetizing their access to classified information for personal gain.

“Unless there is some justification not to,” Cornyn said, suggesting it might be worth having all former employees lose their clearances when they are done being in office.

And he wasn’t the only one. Of the public statements made by Republican senators, more sounded supportive of the President than against.

While President Trump’s reasoning for revoking Mr. Brennan’s clearance is well-explained, it seems very peculiar that such an issue would even exist at all.

A more detailed report is shown in the video below. This is a far more serious issue than even the US networks are revealing.

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