U.S. threatens to sanction almost the entire world
This chart is nearly a year old. That was before Trump went sanctions crazed.
What happens to the strength of a sanctions threat after everyone of consequence is already sanctioned?
The Trump administration escalated its battle with European allies over the fate of the Iran nuclear accord, threatening penalties against the financial body created by Germany, the U.K. and France to shield trade with the Islamic Republic from U.S. sanctions.
Sigal Mandelker, the Treasury Department’s undersecretary for terrorism and financial intelligence, signaled in a May 7 letter obtained by Bloomberg that Instex, the European vehicle to sustain trade with Tehran, and anyone associated with it could be barred from the U.S. financial system if it goes into effect.
...
A senior official involved in the internal debate that led to the letter said the U.S. decided to issue the threat after concluding that European officials, who had earlier downplayed the significance of Instex in conversations with the Trump administration, were far more serious about it than they had initially let on.
Instex was created at the very top of the European political system. If Washington is serious then this will instantly become a political issue.
This map is dated
Meanwhile, Washington is looking to sanction our European allies for a different reason.
US sanctions against the controversial Nord Stream-2 pipeline from Russia to Germany are unlikely stop the project’s construction but may prevent Russian gas monopoly Gazprom from using the pipeline at full capacity in the future, Alexei Kokin, a senior oil and gas analyst at UralSib Financial Corp in Moscow, told New Europe on 23 May.
Anyone that buys Russian weapons also gets the threat of sanctions.
That includes Turkey, Pakistan, and India.
In 2010, Russian President Vladimir Putin upgraded the relationship to a “special and privileged” strategic partnership. When Russia forcibly annexed Crimea from Ukraine in 2014, the West protested, but India supported Russia. In 2015, India became the world’s largest importer of armaments with most of those imports coming from Russia. From 2009 to 2013, Russia supplied roughly 75 percent of India’s arms imports.
India is also tempting fate with Iranian oil. However, it is China that is taking the lead in breaking U.S. sanctions on Iran's oil.
Hong Kong dismissed U.S. warnings that it could face penalties if it it does business with an oil tanker headed for the city that allegedly violated sanctions on Iran.
If we follow through with our threats, roughly 3.5 billion people on the planet will be under U.S. sanctions.
At this point a non-U.S. financial market can become very profitable, especially since you will have billions of customers that you won't have to compete with Wall Street or London for.
Comments
tRump is nothing but a bully
the rest of the world and some amerikans
are waking up to that fact
jessescrossroadscafe.blogspot.com
"The normalization of war can be just as detrimental to a republic as war itself. The barbarians are not at the gates, folks. War is not a foregone conclusion or a national necessity. Each successive occupant of the White House only needs you to believe that in order to centralize the power of an increasingly imperial presidency, stifle dissent, and chip away at what remains of civil liberties.
Seen in its proper context, Pence’s speech would have raised alarm bells in a healthy, functioning republic. But America in 2019 is far from that. Instead, the VP’s staggeringly absurd speech registered as barely a blip on the media’s 24-hour news cycle.
After eighteen years of perpetual conflict, members of the military, and the populace at large, have grown immune to the inertia of war. As such, the republic’s bleeding is internal, as American Democracy dies a slow, opaque death from the inside out. It may be too late to reverse course, and one wonders if a distracted and apathetic public even notices."
Danny Surjen, Mike Pence's West Point Address Should Keep Us Awake at Night
I never knew that the term "Never Again" only pertained to
those born Jewish
"Antisemite used to be someone who didn't like Jews
now it's someone who Jews don't like"
Heard from Margaret Kimberley
The United States is
a dying empire. Everything we are doing is symptomatic of an empire on the verge of collapse. We cannot continue sustain our military adventures in order to support our corporate overlords. The collapse will happen one way or another.
Do I hear the sound of guillotines being constructed?
“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy
Thank you.
The sooner americans wake up to that fact, the sooner we have a chance to change it.
Well done!
Regardless of the path in life I chose, I realize it's always forward, never straight.
Who knows maybe if this "dying Empire"
bites the dust soon enough the entire planet(as we know and wish it) might have a real shot at surviving the Climate Crisis and experience peace in the world.
All because the US and it's "Vassal States"(as V Putin called them)are the critical contributors to global warming, worldwide wars and all the misery and suffering that comes from it all.
I remember that digital National Debt sign that had numbers rapidly popping up to higher numbers but I'd like one for every death brought by our wars, covert and overt, and sanctions in the world, and that would look like a blur.
This one wonders
how one can sanction "allies". By imposing sanctions, do they not cease to be allies?
"The greatest shortcoming of the human race is our inability to understand the exponential function." -- Albert Bartlett
"A species that is hurtling toward extinction has no business promoting slow incremental change." -- Caitlin Johnstone
"At this point a..."
" ...non-U.S. financial market can become very profitable, especially since you will have billions of customers that you won't have to compete with Wall Street." So what does that mean?... a crash of the dollar? Good job Trump and you idiotic Repugs. You all can't help but screw up our economy whenever in power.
And the R minions are worse than the Obamabots in that they are mean-spirited. Sheesh.
Wall Street bank violates Iran sanctions
Not even a slap on the wrist
Not for me
only for thee.
Regardless of the path in life I chose, I realize it's always forward, never straight.
"When Russia forcibly annexed Crimea from Ukraine" ???
Yes yes, I know it was a quote from some article but still, I like to call out the establishment bullshit when I see it. The 2014 Crimean status referendum passed with 96.7% popularity... as one might expect given where a lot of the population came from not to mention the neo-nazi regime we installed in Ukraine.
The fact that the American empire finds it illegitimate because of "Russian meddling" is embarrassingly transparent.
A lot of wanderers in the U.S. political desert recognize that all the duopoly has to offer is a choice of mirages. Come, let us trudge towards empty expanse of sand #1, littered with the bleached bones of Deaniacs and Hope and Changers.
-- lotlizard
There is no democracy,
no rule of law, no justice, no peace, and no humanity. It is a sad, sad world we leave our kids.
"Religion is what keeps the poor from murdering the rich."--Napoleon
It's Bloomberg and they gotta keep the Russia fire burning
in some way no matter the topic, and as one reads along considering the subject at hand it's easy to glide right past where in a few words they make a statement they have to know is a total lie that they are re-enforcing.
But hey it keeps that part of the narrative alive, planted like a seed.
The term "allegedly" is missing in all things regarding Russia.
"When Russia forcibly annexed Crimea from Ukraine in 2014"