Miscellaneous News
- Thread starter bd popeye
- Start date
Anyone remember this back in late April? About the West wanting to dictate Russian oil prices. Looks like they are seriously considering that. New article from today.
They want the ability to dictate the price of Russian energy to help tame inflation and a global recession lol.
Russia should just cut the energy to Europe and let them implode in triple digit inflation.
manqiangrexue
Brigadier
Sounds like a broke mofo talking to himself outside a car dealership trying to rationalize his problems. "OK, it's simple. I got this. I want to drive that Ferrari away... but I don't have more than $13. Hence, I need to haggle their price down to $13... or less."
Ministry explained that real multilateral mission should be on an UN approved aircraft with observers from Japan and South Korea as well. Whatever the heck the Canadians were doing is not UN sanctioned. Very poor excuse.
AssassinsMace
Lieutenant General
Americans like to wish they never outsourced to China but they don't think about the US wouldn't have gotten super wealthy during those same years. If they didn't have their supply chains going to China, everything would've costed more. Smaller profit margins means less wealth for the US overall. Americans think they can have it both going their way. That's an imperialist mindset. No, it's one or the other. Not both. The Western economic system is not geared for the modern world where they have competitors. I have to laugh every time they say the West is united more than ever. Western power and influence around the world is diminishing not gaining. So to claim they're united more than ever can also be interpreted as marshalling their forces in retreat. When they have less space in the world to move around, that really makes it look like they're really united...
I was watching Bill Maher and he had a journalist from the New York Post who was a British guy. I don't know what it is with the British, same with Andrew Sullivan, maybe because they make people think they're civilized with their accent but he was spinning all the alt-right talk into romanticizing what the West has done for the world and the people of the West should not be apologetic. Only concentrate on the good... not the bad. Funny thing is what Nazi Germany was to Europe, the British were to the rest of the world so they're in no position to tell the world to get over it since they were one of the worst criminals against humanity that history will ever know. But of course they get to concentrate on only the bad of countries they don't like.
Last edited:
No need for an artificially created currency. Why not just use RMB if one single currency is preferred? Otherwise use all members' currencies.There was a time when such proposals resulted cancellation, like Saddam and Gaddafi, but those times are long gone...
Iran proposes new currency for trade with China, Russia, India, Pakistan in Shanghai Cooperation Organization
Iran proposed a new currency for trade with China, Russia, India, Pakistan, and other members of the Shanghai Cooperation Organization (SCO). This could help circumvent illegal Western sanctions and weaken US dollar hegemony.
By Published 12 hours ago
The 2018 summit of the Shanghai Cooperation Organization (SCO)
Iran has proposed creating a new currency to do trade with China, Russia, India, Pakistan, and other members of the Shanghai Cooperation Organization (SCO).
Tehran sent a letter to the SCO in early 2022 suggesting that a new currency could help the Eurasian nations strengthen their bilateral trade with each other, according to , Mehdi Safari.
A Eurasian currency would also make it easier for these countries to circumvent unilateral Western sanctions, which are illegal under international law.
Such a development would directly challenge the US-dominated financial system and the status of the dollar as the de facto global reserve currency. The US dollar is still used in the majority of global , although the overall percentage is shrinking by the year.
Brazil’s left-wing leader Lula da Silva has similarly pledged that, if he wins the October 2022 presidential elections, he will create a , called the Sur (“South”), in order to combat “the dependency on the dollar”.
The is a Eurasian political and economic alliance that brings together countries representing more than 40% of global population and roughly one-third of the world’s GDP.
The 2018 SCO heads of state summit
The SCO was formed in the 2001, at first largely as a security organization aimed at combatting terrorism and extremism and promoting peace and stability in Asia.
In the two decades since, the SCO has evolved into a highly influential political and economic organization.
China, Russia, India, and Pakistan are all members of the SCO, along with the Central Asian countries of Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan.
Iran became accepted as a member of the SCO in September 2021, initiating a technical that could take a year or two.
Afghanistan, Belarus, and Mongolia are also recognized as SCO observer states.
On May 26, the Shanghai Cooperation Organization held its , via video. The conference was chaired by Russia.
Dozens of figures from the eight Eurasian member states discussed “more intensive interaction between the SCO states in the field of international security, economic cooperation matters and expanded cultural and humanitarian cooperation”, the organization reported.
Several members of the SCO, including Russia, Iran, and China, have been targeted by unilateral US sanctions, which violate international law.
A new Eurasian currency would help these sanctioned nations trade with each other, without the need of dollars and access to the US-controlled financial system.
for several years, recognizing how the US government has weaponized its currency through the use of financial sanctions. The over its military intervention in Ukraine have accelerated this process of de-dollarization.
The Western has also led to a significant .
These sanctions have likewise encouraged countries in Asia to develop new forms of trade using other currencies.
China is purchasing Russian oil in its own currency, the yuan. India and Russia are doing trade together in their own currencies, the , respectively.
In 2020, effectively dropped the dollar and listed the Chinese yuan as its top foreign exchange currency.
China and Iran subsequently signed a historic 25-year cooperation agreement in 2021. As part of the deal, China will reportedly invest $400 billion to help develop Iran’s economy and infrastructure, in return for oil.
A bad example is Euro, a currency shared by member states without EU "financial ministry" that has the power to dictate financial policy of member states. That led to members abuse the currency for their irresponsible domestic agenda.
Canadian warplanes have nothing to do with UN sanctions. Canada saying otherwise do not make it so.
China claims new AI can intercept hypersonics
China’s Air Force Early Warning Academy says its AI can calculate most probable course of a hypersonic weapon’s terminal stage
Chinese researchers claim to have developed an artificial intelligence (AI) application that can predict the course of hypersonic missiles, potentially allowing Beijing’s existing air defenses to intercept such threats.
A hypersonic glide weapon can enter and exit the atmosphere akin to a stone skipping on water and perform random evasive maneuvers while flying at five times the speed of sound, making such weapons nearly impossible to intercept with current air defense technologies. That could change, however, if China’s AI claim is accurate...
China’s Air Force Early Warning Academy says its AI can calculate most probable course of a hypersonic weapon’s terminal stage
Chinese researchers claim to have developed an artificial intelligence (AI) application that can predict the course of hypersonic missiles, potentially allowing Beijing’s existing air defenses to intercept such threats.
A hypersonic glide weapon can enter and exit the atmosphere akin to a stone skipping on water and perform random evasive maneuvers while flying at five times the speed of sound, making such weapons nearly impossible to intercept with current air defense technologies. That could change, however, if China’s AI claim is accurate...