Originally appeared at ZeroHedge
Following Russia signalling last week, its willingness to join the controversial payments channel Instex – designed to circumvent both SWIFT as well as US sanctions banning trade with Iran – new statements from Russian Deputy Foreign Minister Sergei Ryabkov called on the international community to free itself from a purely US-controlled international financial system and US dollar dominance.
“We must protect ourselves from political abuses made with the help of the US dollar and the American banking system,” he said while addressing a ministerial meeting of the Non-Aligned Movement held in Venezuela, according to TASS. “We must turn our dependence in this sphere into independence,”he added.
“Let us be multipolar in the spheres of finance and currency,” he said.
Image via Newsmax
The senior diplomat was specifically addressing US-led sanctions and the tightening economic noose, including a near total oil export blockade, on the Maduro government in Caracas.
The comments also come after early this year the Maduro regime was stymied in its bid to pull $1.2 billion worth of gold out of the Bank of England, according to a January Bloomberg report. The Bank of England’s (BoE) decision to deny Maduro officials’ withdrawal request was a the height of US coup efforts targeting Maduro.
Specifically top US officials, including Secretary of State Michael Pompeo and National Security Adviser John Bolton, had lobbied their UK counterparts to help cut off the regime from its overseas assets, as we reported at the time. Washington has further lobbied other international institutions, and especially its Latin American allies, to seize Venezuelan assets and essentially hold them for control of Juan Guaido’s opposition government in exile.
Russian Deputy Foreign Minister Sergei Ryabkov. Image source: TASS
Deputy FM Ryabkov held up the Venezuela situation as an example of “barefaced misappropriation of assets kept at Western banks.”
He described further:
“This is just one of the examples of a wider policy of deliberate instigation of crises to change government, to replace legitimately elected politician with American stooges.”
Despite western capitals virtue-signaling their “rules-based order” approach, Ryabkov said instead, “We think that it is not a rule-based world order, it is rather a foisted and imposed world order.”
Meanwhile, the establishment of the ‘SWIFT-alternative’ Instex – now online as of three weeks ago – constitutes the biggest threat the dollar as a reserve currency to date, especially if Russia follows through on its signalling it could join.
Three cheers for CIPS
The Instex channel will be shot down from our new space based photon laser precision weapon and the dollar will prevail for centuries. America always win because we are a nation of winners…………..LOL.
Isn’t the panic obvious?
Stealing this country’s gold, pirating that country’s oil and another’s coil, daily threats,bans, censoring, strange and idiotic laws to make criticism and choice to buy products from occupied lands illegal and an all out and ridiculous information war, among so many other signs.
Just comparing the position of the Empire with their’s in the ’70s and ’80s, the amount of change is unbelievable.
If we go a few steps back and look at the whole picture I’d say a big change for the better is right within our sight. They are clearly losing and that’s scary for them.
I read JP Morgan advised banks to stop investing in $US and start other currencies and/or precious metals.
Which means its all planned by Finance decades ago.
Anybody ever watch ‘Deadpool’?
Deadpool: [whispering] ‘Steal all their money’
Deadpool: ‘U.S. domination’
?.
Venezuelan assets not Iranian.
There needs to be an upgrade to non JewS$ financial mechanisms. Giving the entire planet an alternative to JewS$ commerce. There is nothing that humanity needs that now cannot be obtained from non JewS sources. Nations need to be given the option of saying to the JewS that we don’t need your goods and services, “protection” or money. There are equal or superior alternatives available. We don’t need to play your criminally insane Jew world order hegemony games. Now f##k off and leave us alone.
You really hate Jews eh , you must be Russian .
Are you paid by the government of Israel or a Jewish organization to come on these threads and lie constantly?
Good luck shittholes you will need it ha ha .
No more Fiat currency.
With fiat currency the U.S has been build an Empire of LIES for so fuckign long, it has to end, we need real currency backed with something real, like gold or silver.
absolutely
The so-called US dollar is not US government money, but Federal Reserve (privately owned) currency that the elites have managed to make into a world reserve currency. Global(ist) elites run the system under a deception, and we need to claim back our currencies and declare all globalist loans/debts null and void, and in that way free all countries populations from a multi-generational debt prison created for them to reduce them to slavery. The current debt-money system only benefits the elites. This must end.