A worldwide movement gaining momentum and the transition towards the multipolar world has put an end to the dominance of the US dollar, says a US-based activist.
Richard Becker, an anti-war activist from the Answer Coalition based in San Francisco, told Press TV in an interview on Monday that the US government is “very worried” about the dollar losing its dominance.
“The [US] government is very worried about this… there is a rising movement in the world along with the multipolarity that is emerging and has emerged, in fact, I think the movement has put an end to this kind of domination,” Becker remarked.
His remarks came after US Treasury Secretary Janet Yellen admitted that Washington’s imposition of unilateral sanctions on countries around the world could weaken the dominance of the US dollar.
“There is a risk when we use financial sanctions that are linked to the role of the (US) dollar that over time it could undermine the hegemony of the (US) dollar,” Yellen told CNN in an interview on Sunday.
Becker said the "sanctions policy and the use of sanctions so widely as the US is doing, facilitated by the dollar being the world currency, has caused great destruction and immense human suffering, especially in smaller and weaker countries that are subject to sanctions.”
He added that dollar dominance has allowed Washington to continue to wreak havoc and cause suffering in many countries around the world.
According to Becker, China, Russia, Iran, Brazil, and many other countries abandoning the use of the US dollar and agreeing to settle their trade in Yuan or other currencies would hopefully mean the end of the long reign of the dollar.
“I really do hope so because the domination of the 9US) dollar has been so destructive to a long list of countries,” he added.....more below
US President Donald Trump confirmed on Wednesday the upcoming start of ground strikes against drug cartel targets in Latin America.
He made the remarks during Christmas greetings to the military.
Trump said the United States was "now going after the land" in its fight against drug cartel targets, noting that drug trafficking by sea was down 96 percent.
The U.S. president also extended special congratulations to the crew of the aircraft carrier USS Gerald R. Ford, currently deployed in the Caribbean.
BEIJING (Sputnik) - China has begun operating the world's first intelligent ultra-large oil tanker powered by methanol, the China Central Television (CCTV) reported on Monday.
The tanker, designed to transport crude oil, was successfully put into operation in the city of Dalian in China's northeastern coastal province of Liaoning, the report said. State-owned company Dalian Shipbuilding Industry Co Ltd independently designed and built the vessel, it added.
The tanker is approximately 333 meters (1,092 feet) long and can carry around 2.1 million barrels of crude oil, the CCTV reported. Designed to produce low emissions and having intelligent control capabilities, the tanker will serve the route to the Middle East, among others, according to the report.
The vessel is powered by a dual-fuel methanol engine, which reduces carbon dioxide emissions by 92% compared to conventional fuel, the CCTV reported. It is equipped with an intelligent ship platform, an intelligent liquid cargo ...
A car bomb has killed a senior General Staff member, officials have confirmed
Source: The Investigative Committee
A Russian general has been killed in a car bomb blast in Moscow, the Investigative Committee has reported.
Officials identified the victim as Lt. Gen. Fanil Sarvarov, head of operational training at the General Staff. According to the statement, an explosive device had been planted beneath the vehicle he was traveling in, and detonated on Monday morning in the southern part of the Russian capital.
The blast also damaged several other vehicles and seriously injured Sarvarov’s driver, media reports stated.
Russian officials said one line of investigation is an assassination carried out by Ukrainian intelligence services, noting that Kiev has previously used explosive devices in targeted killings of officials and public figures.
Last December, a bomb hidden in an e-scooter killed Lt. Gen. Igor Kirillov, commander of Russia’s Nuclear, Chemical, and Biological Defense ...
