8th September, 2023. Today: Dedollarisation, U.S. Petro$ (created 1970’s) giving way to Petro Yuan and trade relationships. 27 country BRICS+ what are their plans? 60% of international reserves are held in US dollar denominated assets. War Fatigue and Ukraine; tweets, youtube and quotations. Russia and power and relatedness to China. Old Silk Road now Belt and Road initiative (China) emerging. Watch the oil producers in BRICS.

watchroot's avatarPosted by

14,435 views Jul 26, 2023 #wion#dedollarization#us The US dollar’s dominance is fading. Countries around the world want to dethrone king Dollar. As per IMF, nearly 60% of international reserves are held in dollar-denominated assets. Now, countries around the world want to break up with the dollar.

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“BRICS want to reshuffle the world order”.

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Press Gazette

@pressgazette

7th August 2023

Replying to

@pressgazette

@GlidePlatform

and 3 others

Digital Storytelling winner at #FutureMediaAwards is

@FT

for Inside North Korea’s oil smuggling: triads, ghost ships and underground banks

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Steve Hanke

@steve_hanke

Note date: Unipolar challenged by emerging nations for a multipolar world.

Since Jan 2023, Iranian “ghost ships”, vessels that disguise their ownership to breach sanctions, have started carrying Russian oil. There is always a sanctions workaround.

ft.com Iran’s ‘ghost fleet’ switches into Russian oil Sanctions-busting vessels make sudden shift after introduction of oil price cap and other restrictions
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zerohedge

@zerohedge

Note Date:

Iran’s ‘Ghost Ships’ Evade Oil Sanctions By Turning Off Trackers https://zerohedge.com/news/2018-11-0

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Kenneth Roth

@KenRoth

Note Date:

Speaking from Africa, UN Secretary-General

@AntonioGuterres

spotlights the disastrous effects of Russia’s invasion of Ukraine for food, energy, and the economy across the continent — a “triple crisis.”

UN
                                                      Secretary-General
                                                      António Guterres
                                                      (centre) tours a
                                                      vaccine production
                                                      facility at the
                                                      Institut Pasteur
                                                      in Dakar, with the
                                                      President of
                                                      Senegal, Macky
                                                      Sall (left
                                                      centre).

news.un.org Guterres in Senegal: ‘Triple crisis’ in Africa aggravated by war in Ukraine The war in Ukraine is aggravating a “triple food, energy and financial crisis,” across Africa, according to the UN Secretary-General António Guterres.

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G20 India

@g20org

8th September 2023

Technology has connected us like never before. Get a sneak peek into

@RBI

‘s Innovation Pavilion at Bharat Mandapam, featuring cutting-edge tech innovations like unique payment systems, Central Bank Digital Currency, and a seamless credit platform.

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zerohedge

@zerohedge

Note Date:

Xi To Skip G20 Delhi Summit In Unprecedented Snub, Just After ‘Dominance’ At BRICS

zerohedge.com Xi To Skip G20 Delhi Summit In Unprecedented Snub, Just After ‘Dominance’ At BRICS Chinese leader hasn’t missed a G20 since taking office in 2013…

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Reuters

@Reuters

On

@Breakingviews

: The G20 and United Nations, which hold summits this month, are broken. The expanded BRICS is a motley crew. The Group of Seven has shortcomings but it has the potential to keep peace and protect the planet, says

@Hugodixon

President
                                                          Joe Biden, and
                                                          Ukrainian
                                                          President
                                                          Volodymyr
                                                          Zelenskiy, and
                                                          other G7
                                                          leaders pose
                                                          for a photo
                                                          before a
                                                          working
                                                          session on
                                                          Ukraine during
                                                          the G7 Summit
                                                          in Hiroshima,
                                                          Japan, Sunday,
                                                          May 21, 2023.

reuters.com The G7 is least bad group for a troubled world Russia’s invasion of Ukraine and the rising tension between the U.S. and China have torn apart the global order. Different groups of countries are now vying for influence. In this troubled world, the..

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Carl Bildt

@carlbildt

For the first time ever the leader of China does not attend a G20 summit, but sends the No 2. Is it just a slab in the face of , as

@g20org

host, an attempt to downgrade G20 in favor of BRICS or other fora where  is more dominant, or something else?

Quote

People’s Daily, China

@PDChina

Sep 4

Chinese Premier Li Qiang will attend the 18th G20 Summit to be held in New Delhi, India on September 9 and 10, a foreign ministry spokesperson said Monday. #G20 #India

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14,905 views 7 Sept 2023″Putin spent more time alone with people dripping, poison in his ear… he’s put the whole weight of his presidency, his legacy and this government behind achieving subjugation of Ukraine.” Putin’s ‘desperation’ has lead to a severe crackdown in Russia, John Foreman CBE gives his insight on how Russia has changed since his time as Defence Attache just before the invasion.

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https://www.reuters.com/world/china-says-90-countries-have-confirmed-attendance-belt-road-initiative-2023-09-07/

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QUOTATIONS:

Corruption / Oil

The time to guard against corruption and tyranny is before they shall have gotten hold of us. It is better to keep the wolf out of the fold, than to trust to drawing his teeth and talons after he shall have entered.

Thomas Jefferson

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The more numerous the laws, the more corrupt the government.

Tacitus

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OIL …  reality

The use of refined petroleum as fuel, which began in the 1850s, freed hundreds of millions of people from the toil of centuries, gave hundreds of millions more a life of ease and plenty, and, by allowing great cities to feed themselves from every corner of the world, multiplied the population of the earth fivefold.

James Buchan

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The largest mistake would be to start to move away from petroleum, a proven and economic energy source, to more speculative and expensive sources…The world will eventually leave the age of oil, but there is no geologic reason for this to happen until near the end of the 21st century.

David Deming

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Petroleum is a more likely cause of international conflict than wheat.

Simone Weil

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