A day after US ambassador to the United Nations Nikki Haley admitted that with the latest round of sanctions the Security Council has just about reached the limits of China’s and Russia’s tolerance – and that the US will now need to explore other diplomatic, and possibly military, options, US forces joined with their South Korea counterparts for another "show of strength" meant for North Korea.
Following Treasury Secretary Mnuchin's threat that the US could impose economic sanctions on China if it does not implement the new sanctions regime against North Korea:
"If China doesn’t follow these sanctions, we will put additional sanctions on them and prevent them from accessing the US and international dollar system, and that’s quite meaningful."
Authored by Pepe Escobar via The Asia Times,
Moscow has been busy building agreements that would extend Eurasian connectivity eastward. The question is how to convince the DPRK to play along...
Chinese President Xi Jinping (centre) and his wife Peng Liyuan welcome Russian President Vladimir Putin ahead of a banquet dinner during the BRICS Summit in Xiamen, Fujian province, on September 4, 2017
One week ago we wrote that in "The Race For Deir Ezzor: US And Syrian Forces Are About To Collide", explaining that "as ISIS continues to rapidly collapse in its last two strongholds (Raqqa and Deir Ezzor cities), the competition for recovery of territory seems in full gear between the US-SDF and Syria-Russia alliances." More importantly, "Deir Ezzor province happens to be Syria's most oil-rich territory, which means the future of some of Syria's largest oil fields remains up for grabs."
Authored by John Rubino via DollarCollapse.com,
For what seems like decades, other countries have been tiptoeing away from their dependence on the US dollar.
China, Russia, and India have cut deals in which they agree to accept each others’ currencies for bi-lateral trade while Europe, obviously, designed the euro to be a reserve asset and international medium of exchange.
These were challenges to the dollar’s dominance, but they weren’t mortal threats.