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De-dollarization Escalates As EU To Ditch Dollar In Payments For Iranian Oil Reader 05/17/2018 (Thu) 15:00:34 Id: ca6e48 [Preview] No. 8405
The dollar’s collapse is nearing. The European Union is planning to switch it’s payments to the Euro for its oil purchases from Iran, eliminating United States dollar transactions.

Just one more nail to the US dollar’s coffin. Its collapse is all but imminent at this point. The EU has successfully found a way to scoff at potential future sanctions on Iran by openly defying the US; and as an “added bonus,” they’ve helped seal the dollar’s fate. According to RT, a diplomatic source with the EU has told a news outlet of the decision.

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

Brussels has been at odds with Washington over the US’s decision to 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 as soon as he is able to do so. The Trump administration also has had plans to topple the current regime in Iran, according to leaked documents, and it looks like they’ve just given themselves the go-ahead:

The Washington Free Beacon has obtained a three-page white paper being circulated among National Security Council officials with drafted plans tospark regime change in Iran, following the US exit from the Obama-era nuclear deal and the re-imposition of tough sanctions aimed at toppling the Iranian regime.

The plan, authored by the Security Studies Group, or SSG, a national security think-tank that has close ties to senior White House national security officials, including – who else – National Security Adviser John Bolton, seeks to reshape longstanding American foreign policy toward Iran by emphasizing an explicit policy of regime change, something the Obama administration opposed when popular protests gripped Iran in 2009, writes the Free Beacon, which obtained a leaked copy of the circulating plans. – Zerohedge

However, it in the process, it is highly likely that the US dollar will collapse as nations distance themselves from the United States’ often disastrous foreign policies. As RT reported, 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 and will damage the dollar in the process.

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.

https://archive.fo/k7FT6
https://www.zerohedge.com/news/2018-05-16/blowback-begins-eu-ditch-dollar-payments-iranian-oil


Reader 05/17/2018 (Thu) 15:02:23 Id: ca6e48 [Preview] No.8406 del
Into the downward spiral we go.

Third world - USA FOR SALE - soon.


EU To Exempt European Companies From Iranian Sanctions, Will Not Comply With Enforcement Reader 05/17/2018 (Thu) 15:27:14 Id: ca6e48 [Preview] No.8407 del
EU To Exempt European Companies From Iranian Sanctions, Will Not Comply With Enforcement

Following our discussion of Europe's angry response to Trump's unilateral Iran sanctions, in which European Union budget commissioner, Guenther Oettinger made it clear that Europe will not be viewed as a vassal state of the US, stating that "Trump despises weaklings. If we back down step by step, if we acquiesce, if we become a kind of junior partner of the US then we are lost", moments ago Reuters reported that the European Commission is set to launch tomorrow the process of activating a law that bans European companies from complying with U.S. sanctions against Iran and does not recognise any court rulings that enforce American penalties.

"As the European Commission we have the duty to protect European companies. We now need to act and this is why we are launching the process of to activate the ‘blocking statute’ from 1996. We will do that tomorrow morning at 1030,” European Commission President Jean-Claude Juncker said.

Speaking at news conference after a meeting of EU leaders in Bulgaria, Juncker added that he "also decided to allow the European Investment Bank to facilitate European companies’ investment in Iran. The Commission itself will maintain its cooperation will Iran."

Europe's hardline position will infuriate Trump, as Brussels effectively nullifying US sanctions will prompt a violent outburst from Trump, who needs Europe on his side for US sanctions of Iran to have any chance of succeeding.

Perhaps sensing what is coming, French President Emmanuel Macron took a slightly softer tone, and said that the French defense of Iran nuclear accord is based on concerns about security and stability, not commerce, and that the deal should be supplemented and it is necessary to continue negotiations, including on missile program.

The French president said that "the European Union decided to preserve the nuclear deal and defend EU companies" adding that "our main interest in Iran is not in trade, but in ensuring stability in the region, at the same time, we will not become an ally of Iran against the US."

"My priority is not commercial, it is geopolitical and strategic. It is about stability, it is about favoring an opening of Iranian society. The hardliners in Iran were the most opposed to this accord."

“We’ve had a vibrant discussion on Iran. The 2015 nuclear agreement is a crucial element of peace and security in the region. We have opted to support it whatever the US decides to do,” said the French president on arrival at the Sofia summit. “We have pledged to take necessary political steps for our companies to stay in Iran.”

Macron also said that the nuclear deal with Iran must not only be preserved, but also supplemented and expanded to include ways to solve the missile problem and questions about Iran's role in the region.

"International companies with interests in many countries make their own choices according to their own interests. They should continue to have this freedom," he added, making it clear that European companies will not be subject to US sanctions, even if that decision is ultimately up to the US.

Still he said he won’t force companies to stay in Iran should the U.S. re-impose sanctions; "The President of the Republic is not the director general of Total."

https://archive.fo/pMIdc
https://www.zerohedge.com/news/2018-05-17/eu-launches-rebellion-against-trumps-iran-sanctions-bans-european-companies


Reader 05/17/2018 (Thu) 20:05:21 Id: b06631 [Preview] No.8411 del
Our country made too many mistakes over the years. Creating the Federal Reserve bank. Withdrawing from the gold standard. Outsourcing our productive jobs and industries. Trusting nations like Israel and Saudi Arabia as allies (they only exploited us for their own gain). All the horrible trade agreements. All the wasted taxpayer money spent on lost wars and failed interventions. Falling for the student loan racket (universities should be punished for this, not rewarded). Closing down most of America's trade schools rather than promoting them as THE way to find productive jobs. Buying into the MSM TV propaganda for too long. All this has doomed our nation. Face it, defeat and subjugation and mass poverty is staring us in the face today. The Fed wants to raise property taxes across America by 25% to pay for the pension system which was looted... by them! Does this sound like a fair system? Nope, its robbery. We were bamboozled. Conned. Taken advantage of. Hoodwinked.

Two scenarios come to mind in this conclusion: the US is going to enter another civil war over future consequences of policy failures, or the majority of Americans are going to give into subjugation and feudalism allowing those who fucked us to fuck us even harder.



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