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) has struck more than 100 targets in the city of Tel Aviv in retaliation for the martyrdom of Dr. Ali Larijani, Iran's former top security official, during unprovoked American-Israeli aggression against the country.
In a statement on Wednesday, the IRGC announced hitting the targets during the 61st wave of its ongoing retaliatory Operation True Promise 4 in the face of the aggression.
The hostile objects, it added, were targeted using multi-warhead Khorramshahr-4 and Qadr missiles as well as Emad and Kheibar Shekan projectiles as a means of avenging the martyrdom of Dr. Larijani, the former secretary of Iran's Supreme National Security Council (SNSC), the statement read.
"During these intense lightning strikes, the Khorramshahr-4 and Qadr missiles hit more than 100 military and security targets in the heart of the occupied territories without facing any obstruction," it added.
The IRGC put the facility characterizing this stage of the reprisal down to ...
Mohsen Rezaee, a member of the Expediency Discernment Council, has said preconditions include reparations and security guarantees
For the ongoing conflict between Iran and the US to conclude, the latter must withdraw its military forces from the Persian Gulf, according to a member of the advisory board of Iran’s supreme leader.
Mohsen Rezaee, a retired major general and former commander of the Islamic Revolutionary Guard Corps (IRGC), added that Tehran would also seek full restitution for the damage done and ironclad security guarantees from Washington.
In an interview with Iran’s SNN TV broadcaster published on Saturday, the member of the Expediency Discernment Council said that the “presence of the US in the Persian Gulf has been the main cause of insecurity over the past 50 years.”
“The end of the war is also in our hands,” Rezaee claimed, naming the “US withdrawal from the Persian Gulf” among the key prerequisites. Additionally, Iran expects to receive reparations from the ...
The spokesman for the Khatam al-Anbiya Central Headquarters has accused the United States and Israel of deploying a rebranded copy of Iran’s Shahed-136 drone, designated “Lucas,” to carry out attacks on civilian infrastructure in regional countries as part of a deliberate false-flag operation aimed at framing the Islamic Republic.
In an official statement released today, the spokesman explained that after suffering military setbacks on the battlefield and failing to build political coalitions against Iran, the enemy has resorted to deception.
The statement specifically warned that the objective of these operations is to “create doubt and accuse the Islamic Republic of Iran” while sowing discord between Tehran and its neighbors, thereby undermining the legitimacy of Iran’s defensive actions.
The spokesman pointed to a series of “suspicious attacks” in recent days on facilities in friendly neighboring countries, including Turkey, Kuwait, and Iraq, which Western media outlets and hostile ...
