Busted: Official Propaganda Photo Of Skripal Suspects Photoshopped.

Call me a conspiracy theorist if you like (possums), but I have never bought into the official narrative surrounding the Skripal poisoning case in Salisbury earlier this year.
Six months down the line, after we had heard many ludicrous accusations from western politicians but not a single shred of credible evidence linking the poisoning to the Russian government had been produced, the case burst back into life as Teresa May, who in April said she had irrefutable evidence The Kremlin had ordered the botched assassination attempt.
When she was challenged it turned out her evidence was that she’d read it on the internet. Now, conveniently timed to whip up a bit of much needed Russophobia as the Russia / Syria / Iran alliance prepare to mop up resistance in Idlib, the last ISIS stronghold in Syria, Theresa May has suddenly produced a couple of suspects

With Trump threatening terrible retribution for another gas attack that has not yet taken place (but the US / NATO / EU sponsored Islamic extremist rebels told him Assad was preparing one and what more reliable evidence can you have than the word of a terrorist,) it looks as if the trigger happy Deep State lunatics are pushing for war again, well why not – it must be all of three months since Putin last made them back down.

The previous alleged gas attacks by Assad have been exposed by independent inspectors from the Orgamisation for the Prevention of Chemical Weapons (OPCW) as false flag incidents, and the latest and reportedly most serious yet was found by British reporter Robert Fisk to have been fake news. So naturally public opinion is not wildly enthusiastic about a shooting war with Russia, which would almost certainly bring China in on their side.

But as before, Prime Minister May’s suspects, produced with the aim of demonizing Russia to justify Britain’s joining a military intervention in Syria in support of a bunch of head amputating, sex slave owning, journalist burning savages is simply ridiculous. The two men in the pictures she produced could have been anybody, the picture of them in the street outside Sergei Skripal’s could have been anywhere and was definitely photoshopped as I will show you in a moment.

And while the interview with the suspects was risible as both men gave the impression they were third rate actors who had been given too little time to learn their lines, we must not forget no real evidence of their involvement has been produced. My overall impression on seeing the interview was that Putin was taking the piss.

skripal-suspects

Look at this picture (Used by The Guardian, Express, BBC and Yahoo News,) of the alleged poisoners, who according to British intelligence services managed to contaminate their hotel room and half of Salisbury with the highly potent nerve agent used in the assassination attempt, but did not suffer any ill effects and failed to kill their targets. Do you see a white halo around their bodies. This is not an indication that they had divine protection, but that their images were either pasted or cloned rather amateurishly into a shot of an unidentifiable street.

Britain Should Be Facing Global Outrage Over Skripal Saga, Not Russia

Some people may believe it is mere coincidence that in the week The UK, France and the USA (the FUKUS axis) discussed plans for appropriate measures, which would involve bombs and possibly a military incursion, in retaliation for a chemical weapon attack in Syria that has not taken place yet, the increasingly ludicrous story of the assassination attempt on former Russian agent Sergei Skripal and his daughter Yulia has come to the top of the news again.

Obviously the fires of Russophobia need to be stoked to get voters in any of the nations involved in the frustrated bit to overthrow the Assad government in Syria on board for a military intervention that could easily escalate into armed conflict between the western power and Russia, which will likely be supported by Iran and China.

Last week’s  announcement by the British government that two named Russian suspects were being sought in connection with the alleged poisoning of a former Russian spy turned double agent, who after his release from prison in an exchange deal between the US and Russia may have been involved in private intelligence work for some very dodgy characters is more absurd drama in a long-running tawdry saga.


Skripal assassination suspects (they could be anybody) Picture: 247enquirer.com

As in all previous developments in this case, no verifiable evidence that these two ordinary looking men work for the Russian secret service, or even that they are Russian. News of their involvement has been presented, with more lurid innuendo against the Russian state and the usual refusal by the British authorities to abide by any due process and international norms of diplomacy. It is all scurrilous sound and fury aimed at smearing Russia.

This week, Britain’s Metropolitan Police released video shots of the alleged assassains, purporting to show them, each alone, walking down a corridor at London’s Gatwick airport on March 2.They were not together but according to the timestamp on the CCTV still has arrived  in the exact same spot at the exact same time. When sharp eyed bloggers and alt_media journalists pointed this out, the government quickly claimed there are parallel corridors. That’s possible, but to be at the same point, marching in lockstep, not even a a yard apart should stretch our credulity.

Call me a conspiracy theorist if you like, but consider this thought from the conspiracy theorist in chief:

skripals-pair-image

Other video shots produced as evidence of their involvement show the same men walking the streets of a town that might be Salisbury. There’s no reason to believe it isn’t, but with no distinguishing landmarksthe street could be almost anywhere.


Still from I?TV news via The Daily Mail online

On March 3, the day before former Russian Sergei Skripal and his daughter Yulia were apparently stricken with a powerful nerve agent. The two would-be assassins then allegedly flew back to Moscow from London late on March 4.

One of the most preposterous claim made by British security services, is that traces of the Novichok nerve agent used to poison the Skripals were found in the London hotel room where the alleged Kremlin agents stayed. The incompetence of these two supposedly highly trained super assassins is beyond belief . If the official narrative is correct, they seem to have spilled this stuff everywhere they went. Yet, we are told, it is one of the most potent nerve agents known and contact with a miniscule amount can be fatal. Leaving aside the potency of Novichok which seems to be in some doubt, it is amazing that of the five people affected by the poison as the Russian assassins splashed it about randomly throughout southern England, the two who have died were not the targets of this clowninsh operation.

More realistically clumsy, however, is the attempt by the British to lay an incriminating trail and now to name and blame two Russians who we are told were back in Russia or at least on their way back when the first victims were affected by the poison.

Former British ambassador Craig Murray and other astute observers have noted that the latest video shots released by Britain’s counter-terrorism police are highly questionable. The images could have been easily fabricated with modern digital methods. They are not evidence of anything. Yet, suspiciously, the British authorities are in unseemly haste to make their sensational charges of Russian state culpability.

The day after the Met police announcement implicating the two Russian culprits, Britain’s Prime Minister Theresa May stood up in front of her parliament and claimed that the two individuals were members of Russian military intelligence, the GRU. Rather predicably the Russian government denied ever having heard of them. UK government Home Office security  minister, Ben Wallace, then accused Russian President Vladimir Putin of having personal responsibility for ordering the alleged assassination plot although there is no evidence for that and at a time of heightened tensions such outbursts are never going to be helpful.

Then on Thursday Britain summoned a meeting of the United Nations Security Council to reiterate its claims against Russia without providing any further substantiating details to back up the sensational accusations which are based on the belief that creating a bogeyman will swing public opinion in favour of military action against. The credulous British news media have obedienly pimped up the accusations giving the claims a veneer of credibility, holding the warmongers and military – industrial complex salesmen in government to account over the numerous irregularities in this narrative.

Vasily Nebenzia, Russia’s envoy to the United Nations commented that the whole aim of  Britain’s accusations is to whip up more anti-Russian feeling in the international community. As envoy Nebenzia pointed out, it is entirely unreasonable for the British prime minister to make the categorical claim that the two allegedly Russian men in the video shots released this week are members of the GRU? Typically, she made the claim without providing any substantiating information as she has previously accused Russia of hostile acts without citing any evidence.

The British government is also teetering on political implosion from the Brexit debacle and growing public contempt for Prime minister May’s amateurish incompetence and lack of leadership qualities.

This was the same kind of plucking from thin air that Theresa May performed only days after the Skripals were apparently poisoned in Salisbury on March 4. Again, back then, May stood in front of parliament and dramatically accused Russia of a state-sponsored assassination attempt. The British authorities have cast, and continue to cast, a verdict without any legal case. That verdict relies entirely on Russophobia and prejudice of Russian malfeasance.

No sooner had Britain unleashed its latest allegations, than a joint statement was released by the United States, Canada, Germany and France supporting the British claims. All this comes at a time when it is widely known the Assad government, backed by Russia and Iran, is preparing an all – out assault on Syria’s Idlib province, the last stronghold of the various Islamic extremist groups that with the backing of the USA’s Obama administration, (Trump ordered the US to cease funding and supplying arms to the rebels,) the EU, NATO and Saudi Arabia, have been trying to overthrow Assad for four years.  As I reported in mid August the Russian government predicted a false flag chemical weapon incident was being prepared to justify military intervention to prevent the final defeat of Islamic State.

Britain is now, stupidly, calling for more punitive economic sanctions against Moscow as it did earlier this year when the Skripals apparently fell ill on a park bench in Salisbury, a quiet Cathedral city in southern England. Russian diplomats have  now been expelled from twenty eight nations over earlier and similarly unsubstantiated claims about Russian malfeasance. More sanctions are likely, with the intended effect of framing Russia as a pariah state only resulting in economically harming EU and NATO members that trade with Russia more that Russia itself.

The timing of this latest development in the Skripal saga is probably significant. As reported in my opening paragraphs, the US, Britain and France are threatening to launch military strikes on Syria just as the Syrian army and its Russian ally move to defeat the last-remaining stronghold of weatern-backed terror groups formed to effect regime change in that country.

The defeat of IS would bring to an ignominious end the  criminal war against the Assad government in Damascus, a war which, according to very real evidence available in the public domain, was intended to impose a puppet regime in Damascus and facilitate the building of oil and gas pipelines from Saudi Arabia and the gulf states to the Easter Mediterranean, thus undermining Russia’s oil and gas trade with Europe.

Last month Germany’s Chancellor Angela Merkel held a productive, cordial summit with President Putin near Berlin, where the two leaders appeared to solidify a rapprochement over a crucial energy project between Russia the European Union. This news was not well received in Washington or Riyadh where the US government fears moves to dump the US dollar as global reserve currency, while the Saudis sense their ability to control the global trade in oil slipping away.

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Russia Accuses US Of White Phosphorus Attack In Syria

Completely unsubstantiated allegations to the effect that President Assad of Syria has already authorised the use of illegal weapons (poison gas) in the coming assault on Idlib, continue to proliferate in western media (the fake news industry,) and are repeated by talking heads on TV and radio. Idlib province in north west Syria borders Turkey and is the last stronghold of the ISIS / Al Nusra rebels who, armed, trained and funded by Washington and its NATO allies and The Kingdom Of Saudi Arabia, have been trying to ovrthrow the Assad regime for the past four years. In a last desperate attempt by the US Deep State to prevent the total defeat of it’s proxy war on Russia and Iran, the US appears to be trying once more to justify direct intervention in the Syrian war.

Unfortunately all the previous allegations of illegal weapons use by the Assad regime, made by Trump and his predecessor, the mass murderer and war criminal Barack Hussein Obama, have been proved to be false flag events or simply fake news.

President Trump has threatened Syrian and Russian forces currently preparing to take back the terrorist-controlled stronghold in northwestern Syria, potentially bringing the world to the brink of World War III, because Russian President Vladimir Putin has previously demonstrated he will not allow Assad to fall. But Trump’s tweets about the potential “humanitarian catastrophe” and what the US response might be have exposed a guiding principle of the US’s involvement in Syria (and indeed across the Middle East): Use of illegal weapons attack is only a humanitarian “catastrophe” if it’s carried out by opponents of US geopolitical hegemony.

In what Russian officials have been warning of since mid August, Washington officials are already blaming Assad for an attack that has not taken place yet. Russia’s foreign ministry has claimed several times its sources in Syria knew  another US-approved false flag attack was being prepared to justify direct military action.

Today we learn from independent sources that on Saturday US F15 jets reportedly dropped white phosphorus (an illegal weapon,) on Hajin, a Syrian town in the Deir Ez-Zor province. When it comes in contact with oxygen, white phosphorus can cause massive fires. Because of this, it’s banned by the Geneva Convention for use in combat. Russian officials said they’re still waiting for information on casualties.

Here’s more from RT:

Two F-15 jets on Saturday bombed the town of Hajin with white phosphorus incendiary munitions, banned under the Geneva Convention, according to the Russian Center for Reconciliation in Syria.

“Following the strikes, large fires were observed in the area,” Lieutenant-General Vladimir Savchenko said Sunday. There’s still no information on casualties caused by the bombing run, he added.

The US promptly denied responsibility for the attack and expects the world to believe its denials. Yet when Washington accuses Syria or Russia of war crimes, their denials are met with derision. Well we would be foolish to believe without question anything Russia or the Assad government said, which is who independent inspectors from the Organisation for the Prevention of Chemical Weapons hve visited sites of alleged chemical weapon attacks and found no evidence to link the assad regime to the use of poison gas.

A Pentagon spokesperson denied the allegations of dropping white phosphorus bombs. “At this time, we have not received any reports of any use of white phosphorous,” Commander Sean Robertson told the media on Sunday. “None of the military units in the area are even equipped with white phosphorous munitions of any kind.”

Despite these outraged denials by US military and Department of Defense officials, photos of the attack have emerged on social media. Note the bright white flames of the incendiary mareial, an indicator that the substance is phosphorous :

Islamic State still controls a pocket of territory in Deir Ezzor between the Euphrates River and the Iraqi border, and also has scattered bases across Syrian’s eastern desert desert. The use of any incendiary munitions in populated civilian areas was banned by Protocol III of the Convention on Certain Conventional Weapons, which the US signed the protocol back in 2009.

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‘I’m back from Syria. The media are lying to you.’ Eva Bartlett
Eva Bartlett is a Canadian activist/freelance journalistst. Eva has lived cumulative 3 years in Gaza, spent time in Lebanon and visited Syria 3 times since April 2014. Anti-zionist, anti-imperialist, pro-justice. Find out more about Eva’s trips to Syria on her Websites: InGaza and Syria Solidarity Movement or watch the embedded video from YouTube at the web page linked above …

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Assad Prepping Chemical Weapons; US Diplomat claims. Russia Threatens Attack On US Base

The situation in Syria is deteriorating rapidly in Syria as the Assad government prepares for its final assault on Idlib, the last stronghold of the head amputating, journalist roasting, murdering, torturing, sex slave taking, raping, thieving, kiddie fiddling  ISIS / Al Nusra extremists (better known perhaps as Barack Obama’s beloved moderate rebels.)  Russian jets have been bombarding rebel positions in Idlib Province as the Syrian Army initiates a ground invasion which Damascus has described as coming in a “phased” approach.

The White House responded to the Syrian and Russian bombing campaign by vowing it would act “swiftly and vigorously” should chemical weapons be used, conveniently forgetting that in other cases where the US has alleged the Assad regime has used gas against its own people, in efforts to justify direct intervention in Syria, Putin has faced down The Pentagon, while subsequent investigations by the independent OPCW (Organisation for the Prevention of Chemical Weapons) inspectors has found no evidence of the Assad government’s involvement, and on the famous ocasion when the cildbrain Barack Hussein Obama claimed he had irrefutable evidence that Assad was responsible for a poison gas incident, the inspectors found very strong evidence that the gas cannisters were fired by the rebels into a civilian area under the control of the Assad government. Furthermore the gas used was discovered to have originated in the USA.

Just a day ago US diplomats claimed there’s “lots of evidence” chemical weapons are being prepared by the Syrian forces, citing intelligence of such activities. We remind you again that at the end of last month and early this month the Russian government was warning that a false flag gas attack was being prepared by US agents to justify interference in the final defeat of the CIA sponsored bid to oust Assad and replace him with a government beholden to the Islamic fundamentalist monarchy of Saudi Arabia. Readers should also bear in mind that as with previous allegations of illegal weapon use by the Syrian regime, the “US Intelligence” comes from the rebels themselves, hardly what a sane person would call a reliable source (although the mass murderer and war criminal Obama was happy to believe their every word.

America’s top general has now confirmed the Pentagon is drawing up military options to attack Syria and is in currently in close discussion with the White House over the plans.  Marine General Joseph Dunford, chairman of the Joint Chiefs of Staff told reporters on Saturday during a trip to India, according to Reuters:

he was involved in “routine dialogue” with the White House about military options should Syria ignore U.S. warnings against using chemical weapons in an expected assault on the enclave of Idlib.

President Trump has already ordered Tomahawk missile attacks on Syria twice, in the past 2 Aprils.

However, Gen. Dunford noted that no decision has been made to intervene militarily in response to Idlib. “But we are in a dialogue, a routine dialogue, with the president to make sure he knows where we are with regard to planning in the event that chemical weapons are used,” he told a group of reporters.

Dunford added in reference to his talks with President Trump: “He expects us to have military options and we have provided updates to him on the development of those military options.”

The fact that Russia has stationed a flotilla of warships in the eastern Mediterranean, off Syria, may influence the final decision of the Pentagon and the Department of Defense of course, as it has before.

Trump had previously bombed Syria twice after allegations that Assad ordered a chemical weapons attack  in April 2017 and April 2018 the former was in response to a claimed sarin attack on Idlib.

White House officials have vowed to hold Assad responsible for any chemical attack allegations that emerge. Given that all previous allegations of chemical weapons use has not been proved, it seems to this publication the USA is simply desperate for war.

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‘I’m back from Syria. The media are lying to you.’ Eva Bartlett
Eva Bartlett is a Canadian activist/freelance journalistst. Eva has lived cumulative 3 years in Gaza, spent time in Lebanon and visited Syria 3 times since April 2014. Anti-zionist, anti-imperialist, pro-justice. Find out more about Eva’s trips to Syria on her Websites: InGaza and Syria Solidarity Movement or watch the embedded video from YouTube at the web page linked above …

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Here at last is the story behind the shooting down of a Russian military jet by Turkey’s air force. It will also answer questions about how ISIS can afford all those Toyota pick up trucks, but it is not pleasant reading for people in the west who just want to hear that the good guys are winning

Turkish Warplanes Shoot Down Russian Su24 Near Syrian Border
Hot news from the middle east all day today, it looks like what we all feared is about to happen as Turkish and Russian warplances clash, with Turkey shooting down a Russian fighter and then a gang of insane religious fantatics (or moderate Syrian rebels as Barack Obama calls them) shoot down the helicopter Russian officers sent to rescue their downed planes crew.

Russian Pilots shot By Syrian Rebels While Parachuting To Safety
Hot news from the middle east all day today, it looks like what we all feared is about to happen as Turkish and Russian warplances clash, with Turkey shooting down a Russian fighter and then a gang of insane religious fantatics (or moderate Syrian rebels as Barack Obama calls them) shoot down the helicopter Russian officers sent to rescue their downed planes crew.

US Dept. of Homeland Security Created Fake narrative On Russian Interference In Elections.

Picture: ConsortiumNews.com

The narrative of Russian intelligence attacking state and local election boards and interfering with the outcome of U.S. elections has achieved near-universal acceptance among establishment media and political organisations.  And now it has been accepted by the Trump administration’s intelligence chief, Dan Coats, as well.

But the real story behind that narrative reveals that the Department of Homeland Security (DHS) created and developed an account of events that was designed deliberately to spread false information and cause fear and panic. 

DHS staff, in collusion with people whose involvement in industrial espionage, compiled a report suggesting hackers linked to the Russian government could have targeted voter-related websites in many states and then leaked a sensational story of Russian attacks on those sites. Had it been made clear that the whole thing was fabricated, yes they COULD have hacked the system, security was lax at best, but there is no evidence anyone did interfere with voting. The facts would have revealed a different story. When state election officials began asking questions, they discovered that the DHS claims were false and, in at least one case, laughable.

The National Security Agency and special counsel Robert Mueller’s investigating team, which has been conducting a witch hunt against the Trump administration since shortly after the election in 2016, have also claimed evidence that Russian military intelligence was behind election infrastructure hacking, but on closer examination, those claims turn out to be speculative and misleading as well. Mueller’s indictment of 12 GRU military intelligence officers does not cite any violations of U.S. election laws though it claims Russia interfered with the 2016 election.

On Sept. 29, 2016, a few weeks after the hacking of political websites in Illinois and Arizona, ABC News sensationalised the story with a headline: “Russian Hackers Targeted Nearly Half of States’ Voter Registration Systems, Successfully Infiltrated 4.” The story itself reported that “more than 20 state election systems” had been hacked, and four states had been “breached” by hackers suspected of working for the Russian government. The story cited only sources “knowledgeable” about the matter, hinting that those who were pushing the story were eager to hide the institutional origins of the information. Again no evidence was offered to support the allegations.

Behind that sensational headline the real story was of a government department playing inter – departmental politics by seeking to establish its supremacy within the national security state apparatus on cybersecurity, despite its limited resources for such responsibility.

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Erdogan Vows To Abandon Dollar, “Doesn’t Need Permission” To Buy Russian Missiles

Another nutty rant by Turkish President Recep Tayyip Erdogan got the week off to a good start. His ire was aimed as usual at the USA, this time he threatened that Ankara would abandon the US dollar in transactions with Russia and other nations, accusing the US of behaving like “wild wolves.”

“America behaves like wild wolves. Don’t believe them,” Erdogan told a business forum during the Turkey-Kyrgyzstan Business Forum in Kyrgyzstan, according to AFP.

Erdogan’s latest outburst is a further sign that he is taking Turkey away from the west and strengthening ties with Russia, China and Iran. It echoed the dedollarization call from Russia’s deputy foreign minister Serkey Ryabkov, saying said that Turkey country was in negotiations with Russia over non-dollar trade. As we have reported elsewhere China has made the most significant move in this currency war by opening a maket for traded oil futures on the Shanghair stock exchange, thus challenging the supremacy of the US dollar in the world’s most traded commodity.

Using the dollar only damages us. We will not give up. We will be victorious,” Erdogan said, addressing a meeting attended by Kyrgyz and Turkish businessmen as well as government officials.

On August 24, Moscow said it would respond to Washington’s latest sanctions by accelerating efforts to abandon the American currency in trade transactions: “The time has come when we need to go from words to actions, and get rid of the dollar as a means of mutual settlements, and look for other alternatives,” said Russia’s Deputy Foreign Minister Ryabkov.

Erdogan further stirred the pot by saying that Ankara doesn’t need permission from anyone to purchase Russian S-400 missile systems, just days after the US once again warned the country against buying the highly advanced air-defense system.

“We have made S-400 deal with Russia. Someone is offended by it. We don’t need permission from anybody,” the Turkish leader said in Kyrgyzstan.

Last week US Defense Secretary James Mattis warned Turkey, a member of NATO but not a client state of Washington, against buying the Russian systems. “Turkey had a choice to make, a sovereign decision to make. But clearly Turkey bringing a Russian anti-aircraft, anti-missile system into a NATO country, we cannot integrate that into NATO,” Mattis said. “Yes, it does concern us and we do not recommend that.”

Russian S400 air defence system (picture: RT )

At the same time Erdogan’s government is trying to complete the purchase of American F-35 jets, which US lawmakers are trying to block due to Ankara’s S-400 deal.

Erdogan’s statement shows that Turkey is shaping its defense policy without any regard to the US, Igor Korotchenko, editor-in-chief of National Defense magazine, told RT. For Turkey, the purchase of these weapons means getting “a new geopolitical status of a country” that is able to fully control its airspace and, if necessary, use such weapons against its enemies, he said.

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Road To World War III: Turkey Shells Syria For Second Day As Saudi Warplanes Arrive

The geopolitical world was rocked yesterday when Turkey began shelling Syria’s second largest city, Aleppo, where the Syrian opposition has its back against the wall in the face of an aggressive advance by the forces of President Assad’s government and the Iranian Republican Guard supported, of course, by Russian airstrikes.

 

Russia Says Time Has Come To Ditch The Dollar

Saturday 25 August

Picture: https://woodgatesview.files.wordpress.com/

As the US State Department unveiled the latest round of sanctions on Russia yesterday,  while the trade war with China that has seen tariffs imposed on a wide range of Chinese goods shows no sign of easing, Moscow signalled its intention to respond to this latest attack on its economy. In particular, the Russian government announced it is accelerating efforts to abandon the American currency in trade transactions, according to Russia’s Deputy Foreign Minister Sergei Ryabkov.

The time has come when we need to go from words to actions, and get rid of the dollar as a means of mutual settlements, and look for other alternatives,” he said in an interview with International Affairs magazine, he told RT.

“Thank God, this is happening, and we will speed up this work,” Ryabkov said, explaining the move would come in addition to other “retaliatory measures” as a response to a growing list of US sanctions. It is time mainstream media in the west started reporting accurately what is going on. The official position of the US is that their sanctions are in retaliation for various Russian acts such as meddling in the US election process, but in reality the USA is trying to protect its position as issuers of the reserve currency, while Russia, China and a number of emerging economies resent the way the US uses the reserve currency to dictate matters in global trade.

Previously, Russian Energy Minister Aleksandr Novak has said that a growing number of countries are interested in replacing the dollar as a medium in global oil trades and other transactions.

“There is a common understanding that we need to move towards the use of national currencies in our settlements. There is a need for this, as well as the wish of the parties,” Novak said.

According to the minister, it concerns both Turkey and Iran, with more countries likely to join the growing dedollarization wave.

Our reporting of this long running news thread tends to confirm his view.

“We are considering an option of payment in national currencies with them. This requires certain adjustments in the financial, economic, and banking sectors,” he said. Last week, we reported that the Kremlin was interested in trading with Ankara using the Russian ruble and the Turkish lira. India has also vowed to pay for Iranian oil in rupees. Some economists argue that modern technology removes the need for a reserve, the speed with which computer systems handle currency trades and conversions eliminated administrative bottlenecks.

Meanwhile, the world’s rapidly growing second-largest economy and Washington’s trade nemesis, China, has been taking steps to challenge the greenback’s dominance with the launch of an oil futures contract backed by Chinese currency, the petro-yuan. This is fully reported elsewhere in this page. China and Iran have already agreed to stop using the dollar in global trade as China has ramped up purchases of Iranian oil in defiance of US sanctions. India, Pakistan, the EU, Australia and Japan are also known to have made petr-yuan contracts.

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WMD in Mayfair

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China launches global yuan payment system
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