(Natural News) As we have consistently warned for more than a year, Operation Sandman has now been activated, with Saudi Minister of Finance, Mohammed Al-Jadaan, telling Bloomberg TV (during a WEF Davos interview) that the Saudis will gladly accept all currencies for settling oil transactions. (Reported by OilPrice.com)
The foundational pillar of US global currency dominance and its ability to export inflation to the world is based on the so-called Petrodollar status, in which the US agreed to protect the (corrupt) Saudi kingdom in exchange for the Saudis demanding US dollars for all oil transaction settlements. This agreement has been in place since the Bretton Woods conference in 1944 and has carried the dollar until today.
But this arrangement is now coming to an end.
Very few Americans have any clue what this means to their assets and their future.
Also, very few people realize that over 100 nations are prepared to renounce the petrodollar as the dominant currency for oil settlements. Instead, many nations are going to switch to using the Yuan (from China), or the digital Yuan, or the new BRICS+ commodities-backed reserve currency that’s about to be launched by China, Russia, India and other participating nations.
The dominoes have been set into motion. And as this plays out, it means dollars will come flooding back to the United States as world nations dump the greenback fiat currency they no longer need. This means dollars will experience rapid devaluation in their purchasing power, which will be reflected in higher prices — i.e. inflation — in consumer goods such as groceries, automobiles and more...........More Below
This is Your President and the ultra rich & influential...smh😡🤬
Ambassador Andrey Kelin said Moscow would treat NATO soldiers on the ground as a security threat
Russia will treat the deployment of NATO troops to Ukraine as a threat to its security, Russian Ambassador to the UK Andrey Kelin has said.
The diplomat rejected plans by the so-called Coalition of the Willing to send “peacekeepers” to Ukraine after a ceasefire is reached with Russia.
“We will not allow [the deployment] of any NATO member state’s troops on the territory of Ukraine because it will be another line of attack against Russia,” Kelin said in an interview with Channel 4 News aired on Wednesday. “We understand that Ukraine wants guarantees. We also need guarantees,” he added.
The diplomat said the presence of foreign troops on Ukrainian soil would be unacceptable. Asked about a Financial Times report that Ukraine and its European backers had agreed to deploy Western troops in the event of a violation of a potential ceasefire, Kelin said such plans were “dead.”
Kelin...
The Washington Post, owned by Amazon founder Jeff Bezos, has begun a sweeping round of layoffs that will eliminate roughly one in three newsroom jobs, marking one of the most severe workforce reductions in the paper’s history.
Staff were informed on Wednesday that the cuts are part of what management described as a “broad strategic reset,” a move that will shutter entire departments, sharply reduce international coverage, and significantly restructure local and editorial operations.
Emails sent to employees on Wednesday morning indicated that about 300 of The Post’s roughly 800 journalists are expected to lose their jobs. Several staffers described the scale of the cuts as a “bloodbath.”
Employees were told they would be notified individually of their status and that those laid off would receive benefits through mid-April.
“These moves are painful,” Executive Editor Matt Murray said during a staff-wide call. “This is a tough day.”
Entire sections dismantled
According to Murray, the ...
