"But the U.S. government announced that relationship ended in March of last year, after the very Malian army officers the U.S. trained toppled the democratically elected government, which began a chain of woes that led to the Islamists’ capture of the north." The only thing needed to complete this textbook example of blowback is for the Islamists to storm the US Embassy and precipitate a hostage crisis.Read more »
Bitcoin allows Iranians to store their wealth digitally where the currency police can’t seize it, and most importantly it allows them, at the individual level, to skirt US sanctions and maintain an economic connection to the outside world. When US sanction against Iraq killed an estimated 1 million innocent civilians in the 90s it’s easy to see how important that is.
French economist Frederic Bastiat once said, “If goods don t cross borders, armies will.” I suggest that when States can no longer prevent goods from crossing borders, armies won’t.Read more »
Under sanctions imposed by the U.S. and its allies, dollars are hard to come by in Iran. The rial fell from 20,160 against the greenback on the street market in August to 36,500 rials to the dollar in October. It’s settled, for now, around 27,000. The central bank’s fixed official rate is 12,260. Yet there’s one currency in Iran that has kept its value and can be used to purchase goods from abroad: bitcoins, the online-only currency.Read more »
The Wall Street Journal report calls the Turkish gold payments a “loophole in Western sanctions” which ban Iran from receiving payments in US dollars, but it’s far more than that. A “loophole” at least operates within the framework of the policy. Abandoning the US dollar to circumvent the entire policy is a thumb in the eye to US legitimacy, and the global banking system.Read more »
Continuity of Agenda: Neo-Cons and Obama administration sponsor global terror against Iran.Read more »
The former US commander in Afghanistan, Stanley McChrystal, has urged that the draft be reinstated to spread the burden of fighting and to instill a sense of shared civic duty among young Americans.Read more »
A US federal judge has ordered Iran to pay more than $813m in damages and interest to the families of 241 US soldiers killed in the 1983 bombing of a Marine barracks in Lebanon. Judge Royce Lambeth wrote in a ruling this week that Tehran had to be "punished to the fullest extent legally possible" for the bombing in Beirut on October 23, 1983, the deadliest ever against US soldiers.Read more »
The illegal oil embargoes against Iran have begun to take effect; a precocious smile of satisfaction breaks upon the ugly face of Zionism; and the US once again proves its lapdog fidelity to the Zionist regime.Read more »
24th anniversary of the 1988 attack on Flight 655, an Iranian passenger airliner that was shot down over the Strait of Hormuz by the US Navy, killing all 290 civilians aboard.Read more »
At a rally in Paris last Sunday, former Republican presidential candidate and House Speaker Newt Gingrich spoke on behalf of the Mujahadin-e Khalq (MEK), an Iranian opposition group considered a terrorist organization by the US State Department.Read more »
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