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 Army Secretary Dan Driscoll is preparing to leave the Trump administration after what a new report has described as months of tension with Secretary of War Pete Hegseth, potentially triggering another change at the army’s top echelons.
According to the Friday report by The Wall Street Journal, Driscoll is expected to step down before the end of the year and could leave his post earlier. The newspaper cited people familiar with discussions over his departure.
The Journal reported that Driscoll and his family vacated the official residence assigned to the army secretary at Joint Base Myer-Henderson Hall this summer, a move that could indicate he was preparing to leave the position.
The reported departure would come at a time of continuing uncertainty at the top echelons of the army.
Hegseth abruptly removed Army Chief of Staff Gen. Randy George in April, while Trump has not yet nominated a permanent successo....more below
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The Islamic Revolution Guards Corps (IRGC) warns the enemies that any act of aggression against the Islamic Republic will not go unanswered.
In a statement on Thursday, the IRGC issued a “stern warning” to the enemies after US forces launched strikes against the southern Iranian port city of Bandar Abbas.
Following the US military attack on a point on the outskirts of Bandar Abbas Airport with aerial projectiles, the IRGC carried out new strikes targeting the US air base from which the attack originated in the wee hours of Thursday, it added.
“This response is a serious warning to the enemy that they should know the act of aggression will not go unanswered,” the IRGC emphasized.
The elite military force warned of a “more decisive” response if the enemy repeated any act of aggression.
It also said the responsibility for the consequences of any IRGC response lies with the aggressor.
The statement comes after the IRGC Navy on Thursday forced an American tanker to turn back. The tanker ...
