India & Iran drop dollar in oil trade to bypass US sanctions – report

I guess we’re not the boss anymore.

India & Iran drop dollar in oil trade to bypass US sanctions – report

India will reportedly pay for Iranian oil in rupees as the two countries seek to bypass the US economic pressure on Tehran, industry officials have told the Sputnik news agency.

Under the deal, the payments for oil will be made through India’s state-run UCO Bank, which has no US exposure. The countries are also discussing the barter-like system to avoid US sanctions, Sputnik reports.

https://www.rt.com/business/428245-india-iran-dollar-rupee-oil/

The article is just 3 paragraph long so I only quoted the title, heading, and one paragraph. But I don’t need anymore because WE are smart enough to see how US hegemony is taking a beating. Too bad western PTB aren’t that smart. But I suspect they thought our policy of gunboat ‘diplomacy’ would keep them in power and riches forever.

BRICS...

Brazil, Russia, India, China And South Africa - BRICS

*

In 2003 Dominic Wilson and Roopa Purushothaman followed up with their report "Dreaming with BRICs: The Path to 2050.” This was again published by Goldman Sachs. Wilson and Purushothaman claimed that by 2050 the BRIC cluster could grow to a size larger than the G7 (in USD), and the world’s largest economies would therefore look drastically different in four decades. I.e. the largest global economic powers no longer would be the richest, according to income per capita.

https://www.investopedia.com/terms/b/brics.asp#ixzz5H0aGpH8B

Soon there won’t be anyone for western PTB to bleed but their usual victims, which would be us. And then, when they’re sure we have nothing left, they’ll start to cannibalize each other. That is if the western nation’s PTB haven’t started WWIII to try to maintain their world economic control and domineering military status before then.

Share
up
0 users have voted.

Comments

WoodsDweller's picture

means that people no longer fear your KaBooms.

[video:https://www.youtube.com/watch?v=t9wmWZbr_wQ]

up
0 users have voted.

"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

Amanda Matthews's picture

@WoodsDweller

characters. I always kind of rooted for Wiley to catch that damn bird too.

I’m an underdog kinda gal.

up
0 users have voted.

I'm tired of this back-slapping "Isn't humanity neat?" bullshit. We're a virus with shoes, okay? That's all we are. - Bill Hicks

Politics is the entertainment branch of industry. - Frank Zappa

studentofearth's picture

the shift of the center of power. Wonder when the mass media will be able to share the message with the general public in the USA.

Too bad western PTB aren’t that smart. But I suspect they thought our policy of gunboat ‘diplomacy’ would keep them in power and riches forever.

American financial and foreign policy heavy weights are setting up a November 2018 conference.

In recent years, we’ve been witnessing an eastwards shift in the global arc of power and influence.

Perhaps this ongoing trend is nowhere more perfectly evidenced than in the decision by Michael Bloomberg, the American billionaire and former New York Mayor, to set up a Beijing-based rival to the Davos-based World Economic Annual Forum.

The New Economy Forum, being launched by Bloomberg along with former US secretary of state Henry Kissinger and former US Treasury secretary Hank Paulson, is aimed at addressing what I believe is potentially a new world order, in which the rise and influence of China challenges that of the United States.

up
0 users have voted.

Still yourself, deep water can absorb many disturbances with minimal reaction.
--When the opening appears release yourself.

Alligator Ed's picture

@studentofearth What a great way to mess things up--one might call this an induced abortion.

Diablo

up
0 users have voted.

@studentofearth listen to the western powers pigs squeal, notice which way the wind blows Wink (Pig farms stink)

up
0 users have voted.

...Soon there won’t be anyone for western PTB to bleed but their usual victims, which would be us. And then, when they’re sure we have nothing left, they’ll start to cannibalize each other. That is if the western nation’s PTB haven’t started WWIII to try to maintain their world economic control and domineering military status before then. ...

I haz a fantasy that the isolation weakens TPTB and crumbles criminal corporate giants, rapidly enabling Americans to bring democracy to themselves, thereby regaining global respect and becoming equal to multiple other nations, all respecting universal human rights and international law, while North Americans bring back manufacturing as worker co-ops and Fair Trade becomes the standard. There's a unicorn somewhere in there, too, I think it's on the new US flag. Surrounded by ponies.

up
0 users have voted.

Psychopathy is not a political position, whether labeled 'conservatism', 'centrism' or 'left'.

A tin labeled 'coffee' may be a can of worms or pathology identified by a lack of empathy/willingness to harm others to achieve personal desires.

WoodsDweller's picture

@Ellen North
to the Unicorn flag
of the Utopian Society of America
and to the true Democracy for which it stands
one nation in peaceful coexistence with other, equal nations
united
with Guaranteed Minimum Income, Free Health Care, Free Higher Education, Clean Air, Clean Water, Viable Wilderness, Liberty, and Justice for all
not just the 1%

up
0 users have voted.

"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

@WoodsDweller

I hope you're at least interim President (if the Utopian Society of America decides to have one) while free and fair elections are organized, with reasonable required equal free media time given to all candidates for sufficient publicly informative interviews, town-halls and to free and fair debates uncontrolled by any Party, (which obviously cannot be privately owned or controlled if providing political candidates for public office,) and, of course, publicly funded campaigns without self-interested corporate/millionaire/billionaire involvement. No more fund-raising required, and all lobbyists for self-interests verboten.

Elections exist for the people of the country to vote for those serving the public good, and it's well-known that unicorns are deeply concerned with protecting the public interest from all attempted predation and abuse.

up
0 users have voted.

Psychopathy is not a political position, whether labeled 'conservatism', 'centrism' or 'left'.

A tin labeled 'coffee' may be a can of worms or pathology identified by a lack of empathy/willingness to harm others to achieve personal desires.

Bisbonian's picture

@Ellen North

For All

Ah to be alive
on a mid-September morn
fording a stream
barefoot, pants rolled up,
holding boots, pack on,
sunshine, ice in the shallows,
northern rockies.

Rustle and shimmer of icy creek waters
stones turn underfoot, small and hard as toes
cold nose dripping
singing inside
creek music, heart music,
smell of sun on gravel.

I pledge allegiance

I pledge allegiance to the soil
of Turtle Island,
and to the beings who thereon dwell
one ecosystem
in diversity
under the sun
With joyful interpenetration for all.

--Gary Snyder

up
0 users have voted.

"I’m a human being, first and foremost, and as such I’m for whoever and whatever benefits humanity as a whole.” —Malcolm X

@Bisbonian

He'd have to take the ice out, though, to make me wish to be there, lol.

Never wanted to have to move back into the city, though. I once lived in a place where, at the edge of the woods, you could actually feel the trees living, even in winter... noticed that because the breaker was on a pole out there and it tripped a lot, lol.

up
0 users have voted.

Psychopathy is not a political position, whether labeled 'conservatism', 'centrism' or 'left'.

A tin labeled 'coffee' may be a can of worms or pathology identified by a lack of empathy/willingness to harm others to achieve personal desires.

@WoodsDweller

Guaranteed Minimum Income, Free Health Care, Free Higher Education, Clean Air, Clean Water, Viable Wilderness, Liberty, and Justice for all

We the people

up
0 users have voted.