We know what’s coming and we are prepared.
🇺🇸💸 IMF: The dollar's importance as the world's reserve currency is declining
The share of the US dollar in global central bank reserves continues to decline, falling to 59.2% in the third quarter of 2023, according to the latest data from the International Monetary Fund (IMF). The decline comes amid a trend of dedollarization gaining momentum around the world. 20 years ago, the share of the dollar in the world's reserves amounted to 70%.
🇷🇺🇨🇳 Against this background, the use of yuan in international settlements is growing. The trend to abandon the dollar in international settlements was forced by the beginning of Russia's SWO in Ukraine in 2022, subsequent sanctions and Russia's isolation from the Western financial system. The seizure of Russian dollar accounts demonstrated the unreliability of the U.S. currency.
📝🇺🇸❌🇮🇷 - On the Brink: Showdown in the Middle East
Amid an escalating American buildup, it’s clear Witkoff’s list of demands is more of a request for surrender. Accepting the abolition of its nuclear program and limitations on its ballistic missile force would leave Iran powerless to defend itself in any future conflict, which is the entire point of asking for these “concessions”. This demarche is a poison pill meant to justify further action when Iran rightly refuses it or, should they be foolish enough to actually accept it, will make the job of Israel and the U.S. easier when they inevitably tear up any agreement to conduct strikes anyway. The goal here for Tel Aviv and Washington isn’t peace and anybody who thinks they actually care about protesters needs to get their head checked; they want a final showdown with Iran to remove it as an obstacle to themselves in the Middle East.
For those that don’t remember, in the lead up to the 12 Day War last year...
The Democrats got new talking points, but the question is why this sudden shift in direction that betrays a part of their lunatic base. Something really shifty is going on over there.
EDWARD DOWD
🇺🇸 White House: U.S. exits Hague tribunals and Venice Commission
The United States is withdrawing from two international criminal tribunals based in The Hague and from the Venice Commission, as part of a broader disengagement from 66 global organizations, according to a White House statement.
The U.S. will no longer participate in the International Residual Mechanism for Criminal Tribunals, which prosecutes remaining cases from the former Yugoslavia and the Rwandan genocide. The move reflects a wider recalibration of American foreign policy under President Donald Trump, aimed at distancing the U.S. from bodies seen as undermining national sovereignty or offering limited return on investment.
This withdrawal underscores Washington’s shift away from multilateral judicial structures and toward a more unilateral, interest-driven approach in international affairs.
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