Countries cannot rely on the currency of a nation with multi-trillion-dollar debt, Sergey Shoigu has said
Washington’s abuse of the dollar is a major selling point for BRICS, which is fostering the transition to a multipolar world order, Russian Security Council Secretary Sergey Shoigu has said.
America’s control over the global reserve currency and the financial system based on the dollar has increasingly been unnerving other nations, as the US government has leveraged it to damage other countries with sanctions and asset seizures, he claimed.
”It is [now] obvious for everyone that whatever savings they have may end up in someone else’s pocket rather than their own,” Shoigu said in an interview published by Russian media on Tuesday.
Governments therefore “realize that they need to go away from the US-dependent financial system. There is a need for a structure that would not be so monopolized and dependent on US domestic laws,” he added. The current system “cannot stand.”
Russia was targeted by the US over the Ukraine crisis, when some $300 billion worth of its sovereign assets held in Western jurisdictions was frozen. This instance alone shows that “the world should move away from the dollar,” Shoigu said, but it is just one of many.
He cited the seizure of Libyan funds during the NATO military intervention to oust Muammar Gaddafi in 2011. There is also ongoing exploitation of Syrian oil reserves by shady US-linked firms in Kurdish-controlled areas of the country, Shoigu said. Those firms sell “stolen” crude, while Damascus is starved for fuel due to American sanctions, he continued, adding that Western nations are “occasionally acting like vulgar thieves.”
The US federal debt, which surpassed $35 trillion earlier this year, is another reason to worry about the reliability of international finances, Shoigu claimed. Such problems push more nations into seeking BRICS membership, he said, because “here we don’t have some hegemonic power towering over everyone and dictating terms, as this happens in the EU and NATO.”
READ MORE: Washington wants Ukraine’s resources – US Senator
Shoigu also suggested that the excessive global role of the US is detrimental for policy making by other nations. Foreign governments have to tailor their decisions to projected outcomes of US presidential elections and occasionally have to turn on a dime, when some surprise happens, such as Donald Trump’s victory in 2016, he explained.
https://www.rt.com/russia/603758-us-monopoly-global-finances/
The Islamic Revolution Guards Corps’ (IRGC) Intelligence Unit says Iran will consider the Israeli regime’s shelters “legitimate targets” if residential areas in the country come under attack.
In a post published on social media platform X on Tuesday, the IRGC said that any strikes on residential areas in Iran would give Iran’s armed forces the right to attack Israeli shelters in the occupied lands.
The IRGC stated that it has intelligence on the blueprints and the exact locations of these shelters.
Iran began its Operation True Promise 4 after the US and Israel launched their joint military aggression against the Islamic Republic in late February by assassinating Leader of the Islamic Revolution, Ayatollah Sayyed Ali Khamenei, and several senior Iranian officials.
In its latest wave of attacks, the IRGC said it rained down missiles on the Israeli regime’s “secure” intelligence facilities in Tel Aviv.
Iranian armed forces have also pounded American military bases and ...
In a fresh wave of retaliatory strikes, the Islamic Revolution Guards Corps (IRGC) targeted the Israeli regime’s “secure” intelligence facilities in Tel Aviv.
The IRGC’s Public Relations Department said in a statement on Tuesday that it had carried out the 79th wave of its ongoing retaliatory Operation True Promise 4 against the Israeli and American targets.
Deploying powerful Kheybar Shekan, Emad, and Sejjil missiles alongside IRGC Aerospace Force kamikaze drones, the operation successfully breached the regime's multi-layered air defense systems, the statement said.
The missiles, it stated, targeted Israel’s intelligence facilities in northern and central Tel Aviv, as well as military commercial and support centers in Ramat Gan and the Negev.
The missiles also hit Israel’s southern military logistics and command headquarters in Beersheba.
The missile strikes triggered widespread panic across Israel and forced the suspension of a Knesset (parliament) session on Tuesday.
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The Islamic Revolution Guards Corps (IRGC) announces staging the 78th wave of its underway retaliatory Operation True Promise 4, targeting such highly sensitive Israeli targets as Dimona, Tel Aviv, and Eilat as well as several US military bases in the region.
In a statement on Tuesday, the IRGC described the latest phase of the operation as a significant development featuring missiles raining down on enemy targets as the nation was leveling momentous support behind the Islamic Republic by attending millions-strong rallies with "clenched fists."
'A distinct record'
The latest phase, it noted, "has set a distinct record in the timeline of the war."
According to the statement, targets in the occupied port of Eilat, Dimona, a heavily fortified city that hosts the Israeli regime's notorious nuclear reactor in its vicinity, and northern Tel Aviv were struck using Emad and multi-warhead Qadr missile systems along with attack drones.
This was the second time the Corps was hitting Dimona, ...
