Iran-Russia-China Axis to Fight Western Sanctions

[New]

The claim of some kind of victory is puzzling.

Well, are you clear now?

The use of the dollar in the first place shouldn't have been happening

That's true but it's never late to mend.
As this skepticism is fading out (or at least is being balanced with the same set of interests and the same line of common threats) US $ would also join history, sooner or later.

 

[Falcon29]

Ya'alon: Turkey is openly supporting terrorism | The Times of Israel

Axis of evil is the one supporting terrorism.

Ya'alon is a fucking terrorist himself dude. Get some sense into your brain, did you miss what he did in Gaza!? And this guy is lying. There is no Hamas 'command operation' room in Turkey. Hamas has political offices which US/Israel asked Turkey to host so they could advance peace deal. US/EU diplomats have also spoken to Hamas. There's nothing 'terrorism' about Palestinian resistance to Jewish extremist colonialism.

Did you googled "Turkey, Terror" and post the first article you saw ??

FYI, Iran also backs up Hamas. Also Russia and China doesn't recognize Hamas as a Terror organization.
Hamas - Wikipedia, the free encyclopedia

These people are bashing you for your stance on Syria/towards Russia. If your stance on Syria was different they wouldn't make these pathetic jabs at Turkey. Don't let them scare you at all. Be confident always. They also side with Hamas/Hezbollah when it suits them of course.

Some of them did it with us. They began accusing Hamas of sending anti-tank missiles to Syrian rebels(LOL). Eventually they stopped making those accusations because they're now on good terms with Hamas.

 

[Chinese-Dragon]

Well it looks like Obama has forced this skepticism to the back burner.
So if you didn't have this skepticism about each other, say 60 years ago, you would have been trading in rubles and yuan all along instead of the "evil" capitalist dollar.



Can you figure out my point now? The use of the dollar in the first place shouldn't have been happening. Now that China/Russia have decided not to use it (due to Obama Russian sanctions) you point and cheer about how the dollar is on the downside. Well the only reason it was on the "upside" between Russia/China in the first place was their skepticism of each other! The claim of some kind of victory is puzzling.

I don't know why you're saying the "evil dollar", do you believe that currencies can be intrinsically evil? Good and evil has no bearing on global geopolitics anyway.

The point is that the dollar is currently the global reserve currency, which gives America a lot of buying power overseas to maintain their consumption lifestyle.

It also gives them a competitive advantage, the much talked about "exorbitant privilege". Which for instance, allows them to borrow money at absurdly low rates, among many other things.

Lastly, and most importantly, it gives them a measure of control over the global financial system. Which they can use to lock out countries like Iran, Syria and now Russia (if we take only the past year alone).

This is an unnecessary vulnerability for any countries that do not toe the American line, the BRICS countries for instance. Which is why we set up the BRICS bank in order to facilitate the use of our own domestic currencies to deal with each other.

And America's sanctions on Russia have made this a priority. Otherwise these other countries could have lived with the "exorbitant privilege" America obtained with the dollar hegemony, and just accepted it as a natural advantage of them being a superpower.

But in a America's eagerness to use and even abuse this privilege, to sanction a dozen countries a decade for example, they are indirectly forging their path to the loss of this privilege.

We could not have done it ourselves, in fact America has done it for us, in their eagerness to punish Russia. Now people are openly wondering, if America could sanction a country as powerful as Russia, what's to stop them from sanctioning us next?

In fact America still has an active arms embargo on China, till this day. So it's not really a question.

 

[-SINAN-]

Do YOU believe Hamas is terrorist organization?
Forget about what your country or other countries think.

Do i believe..... hmmm.... I don't care at all.

Also, i don't have enough knowledge about Hamas to do an assessment about them.

 

[Hamartia Antidote]

The point is that the dollar is currently the global reserve currency, which gives America a lot of buying power overseas to maintain their consumption lifestyle.

The US did not put a gun to China and Russia's head for the last 60 years and say "trade in dollars or else".

You whine about dollar hegemony but can't you see it is YOU BOTH who were contributing to this BY YOUR CHOICE. Something that was beyond the control of the US. When you two finally get your acts together and trade the way you should have been all along you both point a finger at the US and do a victory dance.

The US looks at you and does a WTF?

 

[Chinese-Dragon]

The US did not put a gun to China and Russia's head for the last 60 years and say "trade in dollars or else".

You whine about dollar hegemony but can't you see it is YOU BOTH who were contributing to this BY YOUR CHOICE. Something that was beyond the control of the US. When you two finally get your acts together and trade the way you should have been all along you both point a finger at the US and do a victory dance.

The US looks at you and does a WTF?

True, and it's never too late to fix a mistake.

As for a victory dance, where is that?

I simply thanked the Obama administration for pushing Russia towards us, since Russia won't forget these American sanctions, not in a hundred years. And we couldn't have done that ourselves.

Anything Russia needs, whether markets, financing, geopolitical cooperation, etc. they will come to us for that now.

And they get to keep Crimea too. Seems like a great deal for both Russia and China.

 

[Raphael]

Did you googled "Turkey, Terror" and post the first article you saw ??

FYI, Iran also backs up Hamas. Also Russia and China doesn't recognize Hamas as a Terror organization.
Hamas - Wikipedia, the free encyclopedia

No, the article is prominent among geopolitical circles so I've known about it for a while. It's important not because of the content of the accusation, but because it shows Israel's relations with Turkey have totally bottomed out...

Anyway, I won't speak for Russia, but China traditionally recognizes very few terrorist organizations. Not even al-Qaeda is designated as a terrorist group by China. Countries who declare "terrorism" left and right inevitably abuse the process to demonize their enemies, which is unprincipled. And Hamas is an popularly elected government to boot, which means China's relations with the Palestinian people will suffer if they did so.

Finally, why are you using Hamas as the benchmark? I don't think Turkey recognizes them as terrorists either.

 

[-SINAN-]

No, the article is prominent among geopolitical circles so I've known about it for a while. It's important not because of the content of the accusation, but because it shows Israel's relations with Turkey have totally bottomed out...

Anyway, I won't speak for Russia, but China traditionally recognizes very few terrorist organizations. Not even al-Qaeda is designated as a terrorist group by China. Countries who declare "terrorism" left and right inevitably abuse the process to demonize their enemies, which is unprincipled. And Hamas is an popularly elected government to boot, which means China's relations with the Palestinian people will suffer if they did so.

Finally, why are you using Hamas as the benchmark? I don't think Turkey recognizes them as terrorists either.

Because the article you shared "Turkey openly supports terrorism" is about Turkey supporting Hamas.

 

[mike2000]

The US did not put a gun to China and Russia's head for the last 60 years and say "trade in dollars or else".

You whine about dollar hegemony but can't you see it is YOU BOTH who were contributing to this BY YOUR CHOICE. Something that was beyond the control of the US. When you two finally get your acts together and trade the way you should have been all along you both point a finger at the US and do a victory dance.

The US looks at you and does a WTF?

ahahahahha...i agree with you absolutely Peter. The thing is that most of these developing/emergin countries dont trust each other at all. Russia, China, India all have trust deficit among themselves and have often times conflicting interests(mostly India and China). They are just going together now for show purposes. The only thing that binds Russia and China is their intention to limit U.S/western hegemony, thats it apart from that they dont have much in common and dont trust each other much. while India doesnt really have any problem/issues with western/U.S hegemonism. So all these 'emerging' countries dont really have a shared interests. each is looking out for themselves. Hence there is so much division among them, unlike we in the west who are United and have a leader(U.S).

I have been asking the same question like you. What have they been waiting to trade in their own currencies all these years/decades?lool Afterall, they are neighbours and one has large resources while the other is the worlds largest consumer of those, but still they choose to trade in dollars instead of their own currencies. If even two of the major/big world powers i.e China and Russia being neighbours can't even trade together with their own currencies then what hope do other less powerful/smaller developing countries have? None.lol

So all talk of dollar decline, is all but laughable, they will keep on using the dollar. Just wait 5 years down the line, and lets see if anything has changed. It will still be the same. All what their leaders are doing is just paying lip service of being 'anti western hegemonist'.IMO. lol The only currency that can pose a challenge to the dollar is our currency the Euro(which i still the second most used currency reserve in the world), but despite even that we still lag far behind the Dollar, talk much less of the Yuan and Ruble who dont even come close.

So they should keep using the dollar while proclaiming how the dollar is going to soon collapse.

 

[Cyberian]

After Russia kept on approving United Nations sanction on Iran one after another for a decade, they now want to be Iran's best friend.

This newfound love for Iran seems to have occurred spontaneously as soon as a handful of Western sanctions begin to slowly decimate the Russian economy.

 

[ChineseTiger1986]

US really made a fantastical mistake by antagonizing Russia, with this whole Ukraine debacle.
Russia could have been a US partner to contain China's power.
Instead they picked a fight over Ukraine in order to surround Russia and their energy resources, and have consequently driven the Russians right into the arms of the Chinese. US has gotten too greedy for their own good and cant think like a chess player. Its all checkers.

The US is making one fatal strategic mistake, after another. How can anyone be this stupid?

Yeah, everything right now is too late for the US.

BTW, China has proposed a joint anti-ISIS force with Russia/Iran/Syria, since the US has no money to fund this war on terror, so China will get into it in order to oust the US influence in the Middle East.

 

[FaujHistorian]

Iranian Deputy Oil Minister for Planning Mansour Moazzemi announced that the country has started a new set of cooperation with Russia and China to confront the sanctions imposed by the West.
“We have started a serious job with the Chinese and Russians (in the energy sector) in such a strong way that the oil minister has now been appointed as the head of Iran-Russia joint economic commission instead of the foreign minister and we have started a good job to make use of the common capacities and capabilities,” Moazzemi said in a press conference at the venue of the oil ministry on Monday.

“Russia is Iran’s strategic partner and we will cooperate with them in any area we can, including oil,” he added.

“We have also started a serious job with the Chinese which will be revealed to the public in the future,” Moazzemi said.

He underlined that Iran’s cooperation with Moscow and Beijing is aimed at confronting the Western sanctions against Iran, and said, “It is natural for Iran to be willing to bypass the sanctions, and don’t want to be stopped behind the dam of the sanctions and make use of every method to break it.”

Iran and Russia are expected to sign an agreement to strengthen economic cooperation, another deputy oil minister said today.

Ali Majedi said the agreement is to be signed by Iranian Oil Minister Bijan Namdar Zanganeh and Russian Energy Minister Alexander Novak on Tuesday.

A Russian delegation is in Tehran to attend the 11th meeting of Iran-Russia Trade Council.

Majedi said the council is to discuss energy, transportation, banking, industry and mining, agriculture and insurance fields on Monday.

Zanganeh said recently that Tehran-Moscow economic cooperation faced no restrictions.

“There are no restrictions for Iran in cooperating with Russia in different economic sectors,” he said.

Also, Iran is currently China’s third largest supplier of crude, providing Beijing with roughly 12 percent of its total annual oil consumption.

A senior energy official announced in August that Iran was cooperating with renowned Chinese and German energy firms in its shale gas and oil projects.

“We are negotiating with Germany to use their advanced technology for the hi-tech section of Lorestan shale projects,” Hormuz Qalavand, the exploration director of the National Iranian Oil Company (NIOC), told FNA.

Qalavand noted that Iran was also cooperating with a Chinese company on the hi-tech parts of its gas hydrate project in the Sea of Oman.

Iran has vast shale oil and gas reserves in its west and to its south. While some market analysts believe that shale oil and gas reserves might endanger market prices for conventional oil and gas, Iran’s oil minister said he does not see the situation this way.

In January, Zanganeh said he did not perceive shale or tight oil as a threat to OPEC.

Oil shale, also known as kerogen shale, is an organic-rich fine-grained sedimentary rock containing kerogen (a solid mixture of organic chemical compounds) from which liquid hydrocarbons called shale oil (not to be confused with tight oil—crude oil occurring naturally in shales) can be produced.

Shale oil is a substitute for conventional crude oil; however, extracting shale oil from oil shale is more costly than the production of conventional crude oil both financially and in terms of its environmental impact.

Deposits of oil shale occur around the world, including major deposits in the United States. Estimates of global deposits range from 4.8 to 5 trillion barrels of oil in place.

Naah.

China will play along to secure cheep oil from Iran and closed market of Russia.

But China is too clever to shoot his own feet the way Iranian Mullahs and Neo-commie Putin of Russia could do.