[yt_dropcap type=”square” font=”” size=”14″ color=”#000″ background=”#fff” ] T [/yt_dropcap] he wealthy businessman Donald Trump, the US president elect to replace Barack Obama, as speculated, has opted for wealth people for his cabinet positions and billionaire ExxonMobil CEO Rex Tillerson as his top diplomat is one.
Rex Tillerson, President-elect Donald Trump’s apparent choice to be the next foreign minister in his government, has ample experience in dealing with Russia and many other nations, but strictly as a businessman, not a diplomat. Exxon has operations in dozens of countries, some of them politically volatile or estranged from the USA. First among them is Russia, which has leaned heavily on Western companies for technology and know-how to tap its vast oil and gas resources.
Persons close to Trump’s transition team said that Trump had selected Tillerson to be America’s top diplomat. The prospect of Tillerson’s nomination for secretary of state has raised concerns, given intelligence assessments saying Russia interfered with the US presidential election to help Trump.
Trump’s tapping of Tillerson lifts hope of US rapprochement as relations between former Cold war rivals have not made any significant improvement even after the 9/11 to terrorize Islamic world when Russia moved closer to US by supporting for Bushdom war on terror.
Rex Tillerson, a friend of Russia
A native of Wichita Falls, Texas, 64-year-old Tillerson is a career Exxon employee, having joined the company after graduating from the University of Texas in 1975 with an engineering degree. Groomed for an executive position, he spent years in the rough-and-tumble world of oil production, working in Exxon’s central US, Yemen and Russian operations. By the 1990s, Tillerson was overseeing many of Exxon’s foreign operations. He played a key role in Exxon’s involvement in the huge Sakhalin oil and natural gas project on Russia’s eastern coast. That was a warm-up for a $3.2 billion deal in which Exxon and Russian state-controlled Rosneft announced they would work together to explore for oil in Russia’s Arctic region. Production is expected to begin in the next decade.
Tillerson joined ExxonMobil in 1975 as an engineer, before rising to become president and chief executive on 1 January 2006, overseeing business activities in more than 50 countries. Appointed CEO in 2006, he had been due to retire in March. But his lack of formal policy and government experience, and embedded relationship with a hugely powerful energy company is bound to result in sharp questions in the Senate confirmation hearings. Tillerson expected to retire next year. His heir apparent, Darren Woods, has been in place for a year, so there would be virtually no disruption to Exxon’s succession plans if Tillerson were to become secretary of state.
Tillerson took charge of Exxon’s operations in Russia in 1998, and navigated the company through major difficulties after Vladimir Putin came to power and the Kremlin demanded that earlier oil-and-gas deals be revised in favor of Russia’s state energy giants Gazprom and Rosneft. In 2011, as Exxon CEO, he negotiated a long-range, multi-billion dollar joint venture with Rosneft to explore for oil in Russia’s Arctic.
Tillerson has argued against sanctions that the US and European allies imposed on Russia after it annexed the Crimea from Ukraine in 2014. He also has backed free trade and an expansive US presence in the Middle East, stances at odds with the more isolationist approach Trump has pitched to his supporters during the campaign.
The businessman has publicly opposed sanctions on Moscow that thwarted his attempt to pursue huge oil deals in the Russian Arctic. For this, he was awarded Russia’s Order of Friendship by Vladimir Putin in 2013 and the Kremlin welcomed his nomination with an aide praising him as a “very solid figure” with whom Putin and Russians have “good, business-like relations.”
In 2011, Tillerson flew to the Russian resort town of Sochi to meet Russian President Vladimir Putin for the announcement. As news photographers recorded the scene, the men shook hands and smiled broadly at each other. “This project promises to be highly interesting and ambitious,” Putin said, according to a Rosneft press release. Exxon exploration in Russia, he said, “will open new horizons.”
Exxon steadily expanded its Russian business while its rivals faced expropriation and regulatory obstacles. Interestingly, in 2013 Putin awarded Tillerson the Order of Friendship, an honor given to only to highly friendly foreigners who improve relations with Russia. Tillerson is a special case. “My relationship with Vladimir Putin, which dates back almost 15 years now, I’ve known him since 1999 and have a very close relationship with him,” Tillerson said in a speech a few years ago at the University of Texas-Austin.
The sanctions against Russia, if they remain in place for an extended time, could threaten the joint venture with Rosneft, and at Exxon’s annual meeting in 2014, Tillerson urged Western political leaders to consider the very broad collateral damage of who are they really harming with sanctions.
Besides Russia, Exxon also has operations in Indonesia, Azerbaijan, Chad, Equatorial Guinea, and many other countries. Africa and Asia were its leading sources of oil production in 2015. The company says its diverse global portfolio of oil and gas projects helps mitigate risks. In 2015, Exxon paid Tillerson compensation that the company valued at $27.3 million, most of it in stock awards. At the end of 2015, he held awards that had not yet vested that were worth $149.2 million.
Donald Trump defended his nomination of Tillerson as America’s next secretary of state, dismissing concerns about the oilman’s ties to Russia and saying US foreign policy needed a new direction. The nomination, which capped weeks of debate about the right candidate, was the most keenly awaited in Trump’s cabinet as the world waits to see how the incoming Republican president intends to alter US foreign policy.
Since it looks certain that Tillerson would be Trump’s secretary of state, by law, he would have to either sell his Exxon shares and stock options or recuse himself from government matters that have a “direct and predictable” effect on his financial interests. Failure to do one or the other would likely result in criminal charges, since Cabinet members, unlike the president and vice-president, are covered by statutes designed to prevent conflicts of interest. If Tillerson didn’t sell the stock, he would have to stay out of decisions for a wide swath of the secretary’s job including climate change matters, the oil industry or many dealings with Russia. it’ may be unacceptable to have a secretary of state who has a lot of oil company stock or stock options. Putting the stock in a blind trust would not be allowed because it would remain a financial interest for Tillerson
Still, it’s not unheard of for a high-profile businessman to serve as secretary of state.
Bechtel, the big, privately held San Francisco engineering and construction firm, gained stature and prestige — and likely an advantage in bidding for foreign contracts — when President Ronald Reagan picked George Shultz as secretary of state and Caspar Weinberger as secretary of defense. Both had been top Bechtel executives. Most so-called democracies promote top businessmen for ministerial berths as per the capitalist system requirement. At the time, Bechtel had its own foreign policy, especially in the Middle East and didn’t particularly care if its objectives were not aligned with those of the USA.
Trump has stoked alarm among Democrats and fellow Republicans ahead of his 20 January inauguration by calling for closer ties with Moscow, in contrast to received wisdom in Washington that Russia remains a global security threat. That sentiment — coupled with the fact that Trump is at loggerheads with some Republican senators over a CIA assessment that Russian hackers helped him win the election — may complicate Tillerson’s confirmation hearings.
Trump, who announced the nomination, hailed Tillerson as a “great diplomat” and “one of the greatest and most skilled global business leaders of our time” at a campaign-style rally in the traditionally Democratic-leaning state of Wisconsin that helped elect him. The 64-year-old Texan, who, like Trump, has no experience in government and spent his entire career at Exxon, “has the insights and talents necessary to help reverse years of foreign policy blunders and disasters,” Trump told the crowd. “Rex is friendly with many of the leaders in the world that we don’t get along with and some people don’t like that,” Trump told the crowd in West Allis, without mentioning Russia or Putin. “They don’t want him to be friendly. That’s why I’m doing the deal with Rex, because I like what this is all about,” he added. “Instead of jumping recklessly from one intervention to another, my administration will build a long term strategy for stability, prosperity, peace, and rebuilding our own country.”
Politicians on both sides of the aisle have expressed concerns over Tillerson’s ties to Russia. Senior Republican Senator John McCain has called Tillerson’s ties to Putin “a matter of concern.” “Vladimir Putin is a thug, bully and a murderer, and anybody else who describes him as anything else is lying,” McCain has said. McCain and other senators have backed a congressional probe into intelligence assessments on Russian election interference, putting top Republicans on a collision course with Trump, who dismissed the reports as “ridiculous”.
A series of establishment Republicans, including former secretaries of state Condoleezza Rice and James Baker, and former defense secretaries Donald Rumsfeld and Robert Gates have lined up to praise Tillerson.
If confirmed, Tillerson will face the hugely sensitive job of representing overseas a president apparently intent on trashing protocol and upending relationships built on decades of delicate diplomacy. Beyond thorny ties with Russia, Sino-US relations are strained after a series of moves by Trump that provoked China, now the world’s second-largest economy, and controversy is also rife over his global business empire.
Trump postponed a press conference at which he was to unveil plans for separating himself from his global business dealings, instead writing on Twitter that his adult sons would manage the company. The 70-year-old billionaire is now putting the finishing touches to his cabinet with former Texas governor Rick Perry and Montana Representative Ryan Zinke his reported picks for energy and interior secretary respectively.
Last week Trump greeted a stream of special guests in New York including rapper Kanye West and Bill Gates, the richest man on the planet who dedicates his life to philanthropy. Gates said Trump had an opportunity to inspire Americans to embrace innovation as John F. Kennedy once promoted space exploration. “We had a good conversation about innovation, how it can help in health, education, the impact of foreign aid and energy, and a wide-ranging conversation about power of innovation,” Gates said afterward. Trump also met with Vogue editor-in-chief Anna Wintour, who was a vocal supporter of his Democratic rival Hillary Clinton.
Observation: Implication for US-Russia relations
This economic development took place even while USA and Russia are officially at loggerheads over several issues, including the western economic sanctions. Success in Russia required aligning the company’s interests with those of the Russian government, and good relations with Russian strongman President Putin.
Donald Trump’s decision to nominate ExxonMobil CEO Rex Tillerson is proving to be a pleasant surprise to Russia. It’s a rarity for Moscow to be enthusiastic over a US president’s choice for secretary of State. It certainly wasn’t the case for either of the past two secretaries, Hillary Clinton and John Kerry.
Even more than the election of President Trump, which brought Russia’s State Duma to its feet in a standing ovation, the nomination of Tillerson seems evidence to Russians close to the Kremlin that the new government will move seriously to implement Trump’s sketchy campaign promises about restoring good relations.
Putin, who has met frequently with Tillerson, Tillerson is well known and liked in Moscow, where he has been doing business for almost 20 years, but he is also seen as a completely different type than the US diplomats the Russians have regularly dealt with. Tillerson as Secretary of State would signify the greatest discontinuity in US foreign policy since the end of the Cold War.
For the foreign policy establishment in Moscow, Tillerson is a realist not driven by ideology, but a hard-nosed pragmatist who will focus on getting things done, and leave aside the many political and philosophical issues where Russia and the US will never agree. Sergei Karaganov, one of Russia’s most senior foreign policy hands, has met Tillerson and says that his ratification would be a signal that genuine and lasting detente between the two powers is a real possibility. Karaganov is sure Russia can re-align the relationship in ways that will stress areas of concord and cooperation, and find ways to manage the differences.
Sergei Markov, a past adviser to Putin, says the whole foreign policy team that Trump is assembling makes it look like a break with past practices may be imminent. “We see Gen. James Mattis being named to be Defense secretary, and that looks to us like someone who could steer military cooperation between the US and Russia away from constantly obstructing each other and toward cooperation..” Michael Flynn, who’s going to be White House national security adviser, is a person who advocates clear-eyed cooperation with Russia in areas that matter to both of us,” Markov says, “We don’t imagine these people are special friends of ours, or anything like that, but it will be very refreshing to have diplomatic counterparts who are interested in practical deal-making. “Our experience over the past decade and a half is that we don’t have negotiations in any real sense, we just get lectures and ultimatums from our US counterparts,” Markov adds.
But some Russian experts are more skeptical that there are a lot of illusions on both sides as Russians and Americans really don’t want to know each other. They suspect there will be a hard awakening for Trump’s people, when they realize that making deals in the very complex realm of diplomacy is not much like the business world. Alexander Konovalov, head of the independent Institute for Strategic Assessments in Moscow argues Putin knows what he wants, but not sure if Trump has a very clear idea how to handle Russia.
One has to wait for January 20, on which President Trump assumes power as the boss of US super power, for his new foreign policy course to take real shape.
Future of BRICS: BRAXIT or ‘Power Next’?
The club of emerging political and economic powers of Brazil, Russia, India, China, and South Africa in response to new global challenges is famously known as BRICS. Since its inception in 2006, it has been a platform to highlight the prominence of multi-polar world order challenging the collision of G-7 members. These five countries account for 20 percent of world GDP and 40% of the world population. Further, they hold 40 percent of gold and hard currency reserves. Being collectively the largest market, their cumulative GDP has tripled in the last ten years.
With the president of Brazil, Jair Bolsonaro on 28th October 2018, many are skeptical about the future of the BRICS as he comes from the far-rightwing camp which seems to be antagonistic to the BRICS. Brazil is the most populous nation in South America with the world’s eighth-largest economy of the world. Bolsonaro wants Brazil to be great as Trump wants America to be great. Even during Bolsonaro’s campaign period, he has reiterated that his foreign policy would be changed from his precursor. Further, he is a follower of conservative Christianity who profoundly believes in restoring Judeo-Christian tradition against communism.
With this scenario, the future of BRICS has been subjected to controversial as to Jair Bolsonaro would lead Brazil to exit the BRICS moving towards the pro-western camp. Another argues that this collision would last long due to their close trade relations.
The Origin of BRICS
In 2001 the term BRIC was firstly coined by Jim O’Neill, a British economist in a paper written for ‘Global Economic Paper’ of Goldman Sachs using the acronym stands for Brazil, Russia, India, and China. The first summit was held in 2009 at Yekaterinburg, Russia emphasizing the need of reformations to be made to the international financial institutions. In 2011, South Africa became a member of this group at the third Summit held at Sanaya, China making BRIC into BRICS. The primary purpose of BRICS is to broaden the cooperation among members and enhances the support for multipolar world order. It is mainly an indication of the movement of world power from the west to the South. Since the inception BRICS conducts its annual summit of heads of the states to youth forums though the members don’t have their own permanent executive body or a secretariat.
Functions of BRICS
Two main functions of the BRICS are, to 1) liaise with meetings and international organizations such as IMF and G-20 Grouping and to 2) design a framework for BRICS members for multi-sectoral cooperation. Today it covers more than 30 sectors including agriculture, science and technology, culture, outer space, think tanks, Internet governance and security, social welfare, intellectual property, health, and tourism. The forum called BRICS Business Council promotes and strengthens business, trade and investment ties amongst the business communities of the members. Think Tank Council formulates long term economic strategies of the members.
Further initiatives have been made for establishing New Development Bank (NDB) to finance the infrastructure projects in emerging economies and developing countries and also for entering into Contingent Reserves Arrangement (CRA) to promote mutual support among the members in situations of instability in the balance of payments. Demands have also been made to reformulate the IMF but, they were not yet successive because of the resistance caused by the Western power. Moreover, the BRICS are open to cooperation and constructive engagement with other countries, as well as open with international and regional organizations in dealing with current global issues.
Despite this, one of the vital political demands that the BRICS has made to the United Nations Organization is to expand the number of members of the Security Council covering the BRICS members and making decisions of the UNO more democratic and accountable. This shows the importance of BRICS to balance the prevailing world order and also to voice for the global south in international relations.
However, as it is mentioned the foreign
policy of Bolsonaro is opposite to the leftist approach which was a blessing to
accelerate the activities of BRICS. It is more similar to the protectionist
approach followed by the US President, Trump. Once, Bolsonaro said at a press
conference as “It is about aiming for a great Brazil like that – the way Trump
wants America to be great”. This approach is contrary to the joint statement
made at the 2nd summit of the heads of the states held at Brazil
where the members pledged to resist all forms of protectionism and fight
disguised restrictions on trade. Further, criticisms made concerning
multilateralism and pulling out Brazil from Global Compact for Migration also
support Bolsonaro’s protectionist approach. With respect to the crisis in
Venezuela, Bolsonaro supporting the USA rejects Nicolas Maduro as the duly
elected President, while all other BRICS members accept Maduro as
democratically elected president.
Moreover, distant relations between China and Brazil also a reason to make BRICS in a more controversial position. With the Xi Jinping’s rise in China from 2013, China took the leadership of the BRICS group and proposals were made at the Fortaleza Summit in 2014 to establish NDB to mobilize resources for infrastructure and sustainable development projects in BRICS and other emerging economies, as well as in developing countries. However, Bolsonaro’s far right and anti-communist ideology is contrary to fundamental policies of China. His early visit to Taiwan and South Korea and China’s reaction on his visit has greatly influenced on assuming Bolsonaro would choose between BRICS and OECD members.
Nonetheless, since 2009 China is the top trading partner of Brazil and on the other hand export of soy to China from Brazil is as crucial as the arrival of Chinese investment into Brazil. According to a recent study carried by the Started Charted Bank, China will become the largest economy of the world in 2020. Hence, though there is much ideological dissimilarity, both the countries are dependent on each other concerning their trade relations.
If Bolsonaro is more driven by his far-right ideology than by pragmatism, he will not deal closely with the BRICS members. However, it is difficult to assume that he will abandon this BRICS group as Brazil is highly dependent on Chinese imports. It would be challenging for him to dramatically shift in his trade relations having with China and also with Russia. More importantly, in the middle of this year, it is Brazil’s turn to host the BRICS summit of 2019. Though there are no valid reasons for BRAXIT, i.e. for Brazil to exit from BRICS, Brazil would not be an active player in BRICS making BRICS into the most powerful allies of the South as it happened during LuizInácio Lula da Silva’s tenure. Skepticism arose even when Narendra Modi appointed as Prime-Minister in India coming from the far right wing that how BRICS is going to maintain cooperation among members with the rivalry between India and Russia. Further, Brazil was not prominent in BRICS during his predecessors Dilma Rousseff and Michel Temer’s period. Conversely, it’s not only stance of Brazil has been changed even China doesn’t seem to be willing to invest much on the BRICS as in the past. As Lord Palmerston once stated, “in international relations, there is no eternal allies and no perpetual enemies. Only the interests are eternal and perpetual”. Hence, BRAXIT seems to be far away than we assume.
Sanders will criticize Trump
Of course, during the upcoming presidential elections in the United States, there will be a lot of criticism from the White House and the U.S. president. This is a matter of great concern to Donald Trump. On the other hand, Democratic Party elections will begin shortly. The common point of all candidates for this election is criticism of Trump’s policies.
Bernie Sanders, the old American senator, and one of Democratic nominees for the 2020 presidential election, continues to oppose U.S. President Donald Trump. This confrontation started at the time Trump entered the White House (by early 2017). Sanders called for an end to Washington’s support for Riyadh in the Yemeni war. Sanders also condemned Trump’s stance on the murder of Jamal Khashoggi. At any rate, Sanders’s recent position against Trump has led to the U.S. President’s concerns.
Sen. Bernie Sanders says it would be an “impeachable offense” if President Trump were to fire Robert Mueller the special counsel leading the federal probe into ties between Trump campaign associates and Russia.
“I’ve been very reluctant to talk about impeachment until we have all the information coming in from the investigation. But that would be a major, major, major obstruction of justice. That would be an impeachable offense in my view,” Sanders said in an interview for The Intercept’s newly launched podcast “Deconstructed” released Friday.
In his tweet, Sanders was referring Jeff Sessions, Trump’s Justice Minister, and his forced resignation. Trump fired Attorney General Jeff Sessions, replacing him with a loyalist who has echoed the president’s complaints about the special counsel investigation into Russia’s election interference and will now take charge of the inquiry.
Among all Democrat candidates, Sanders has a lot of motivation to challenge the trump!The fact is, according to polls conducted in 2016, Sanders had a much greater chance of winning the U.S. presidential elections. Many Democratic voters believed that Sanders could have an important role in regulating power in America as a symbol of change in the United States. Although such an idea was wrong due to the political structure in the U.S., it was, however, strongly accepted by some Democrat supporters.
On the other hand, Hillary Clinton, the Democratic candidate who was supported by her husband, Bill Clinton, and many influential figures in the party, managed to defeat Sanders with her secret lobbies, and went to fight Trump as Democrats’ final candidate. Anyhow, if Sanders were to reach the final round of the 2016 presidential competitions, he could have defeated Trump and enter the White House. Sanders, however, was the victim of Democrat leaders and Hillary Clinton’s secret lobbies. It was not without a reason that many Sanders advocates voted for Hillary Clinton’s rival, Donald Trump!
Ultimately, the tensions between Trump and Sanders in the U.S. presidential election of 2020 will be of great interest to many Americans. If the Sanders win in the Democratic Party, this conflict will become more intense and more serious. A topic that the president of the United States and his entourage are scared of.
First published in our partner Tehran Times
The collapse of American empire is a warning to Europe
The wars in Iraq, Syria, Yemen and threats and violence against Latin America, and imposition of sanctions on various nations, all can deface the United States and its unpopular policy in the international community, set to protect U.S. financial institutions.
Although the U.S. empire has already begun to crumble, U.S. President Donald Trump’s policy has sped the process. The wrong policy of the U.S. administrations has brought the nations to stand against the U.S. led-world order.
The U.S. has turned into the biggest threat to world peace with its duel policies, violence in Iraq, Libya, Syria, and Yemen, and support for Saudi Arabia and Israel. Obviously, the “regime change” in Venezuela, on the pretext of democracy, is nothing but a cover-up in the U.S. policy to seize Venezuela’s oil reserves.
American democracy means supporting U.S. foreign policy, privatization of public infrastructure, non-compliance with domestic laws and compliance with U.S.-dominated global institutions. Decades of war and U.S. military intervention, have brought nothing but violence, killing, and destruction on planet earth.
To the U.S., a country is considered democratic that follows its leadership such as Israel and Saudi Arabia, otherwise, that country is non-democratic and a foe. This policy is challenged by states like Iran, Russia, China, Venezuela and others which don’t bow down to Washington’s policy and seek to defend their own national interest.
Any international control system requires the rule of law to mediate in the world challenges. However, U.S. diplomacy contradicts international law. The American diplomats claim their better judgment on the world allows other nations to adopt a more prosperous lifestyle, and they don’t allow the intervention of international laws in the U.S. policy and diplomatic system.
The U.S. has the “power of veto” in the United Nations that enables Washington to prevent the adoption of any “substantive” resolution. In the World Bank and International Monetary Fund (IMF), they can easily veto any policy or loan. Without such powers, no international organization will join the United States.
Without having the power of veto, the U.S. doesn’t recognize the verdict of and authorities in the international court of Justice. If sentences issued by The Hague Court oppose the U.S. policy, they will be considered inadmissible to the U.S. For example, the verdicts issued on U.S. war crimes in Iran and Afghanistan, human rights abuse, and illegal sanctions are not recognized by Washington.
In September of last year, Trump National Security Advisor John Bolton, a hawkish politician, strongly criticized the International Criminal Court and said, “The United States will use any means necessary to protect our citizens and those of our allies from unjust prosecution by this illegitimate court.”
Senior judge Christoph Flugge from Germany resigned from one of the UN’s international courts in The Hague in objection to the U.S. that had threatened judges after moves were made to examine the conduct of U.S. soldiers in Afghanistan.
Bolton vowed that the United States would retaliate by banning ICC judges and prosecutors from entering the U.S., imposing sanctions on any funds they had in the States and prosecuting them in the American court system. “If the court comes after us, Israel, or other U.S. allies we will not sit quietly,” he said, also threatening to impose the same sanctions on any country that aided the investigation. Bolton held a speech last September in which he wished death on the international criminal court. “We will let the ICC die on its own. After all, for all intents and purposes, the ICC is already dead.”
The central banks of states have long maintained their gold and other monetary reserves in the U.S. and UK. Perhaps the approach seemed logical in 1945; however, the U.S. and UK orchestrated 1953 coup d’état against Mohammad Mosaddegh, Iran’s prime minister, who nationalized Iran’s oil, and the Iranian revolution of 1979 which led to overthrow of the Shah, the American courts blocked Iran’s assets in the U.S. The movements showed that the IMF is an arm of the U.S. Department of State and the Pentagon. In today’s global politics, international finance and foreign investment have become leverage against nations who won’t bow down to U..S policies.
Lately, foreign countries are apprehensive about their gold holdings in the U.S. They know full well that their assets can be blocked unilaterally by the U.S. if Washington’s interests are threatened. That is why in 2017, Germany decided to repatriate half of its gold reserves from the U.S. The U.S. authorities have considered the act an insult to their own civilized state.
Now, it’s Venezuela’s turn. The country called on the Bank of England to return $1.2 billion of its reserved gold to repair the economy, which has been hurting by the American sanctions.
The Bank of England, however, froze Venezuelan gold asset following Mike Pompeo United States Secretary of State and Bolton’s instruction. Bloomberg wrote that the U.S. handed control of Venezuela’s bank accounts in the U.S. to the opposition leader Juan Guaido to have a better chance to control the self-claimed government.
In late January, a rumor broke out that a Russian Boeing 777 that had landed in Caracas to spirit away 20 tons of gold from the vaults of the country’s central bank, amounting to $840 million in return for food and medicine. Although Moscow rejected the report, the Nicolás Maduro government has the right to purchase food for the Venezuelans who are under brutal U.S. sanctions by the country’s gold reserve. U.S. Senator Marco Rubio called the act “stealing money” as if Maduro is a criminal for trying to reduce the pressure of U.S. unfair sanctions against his people.
The European countries, too, have to abide by the U.S. policy, otherwise, they will be threatened to sanctions. For instance, if the European Union wishes to remain committed to the Iran deal, it will have to surrender to the U.S. pressure and sanctions. European states have realized that Bolton and Pompeo’s threats can lead to confiscation of their assets by the U.S.
The U.S. threats are not merely military but a cyber-attack is a way of
confronting an enemy and crashing its economy. The main cyber money transfer is
led by Society for Worldwide Interbank Financial Telecommunication (SWIFT)
which is based in Belgium. Some countries are developing an alternative money
transfer system to protect themselves against U.S. threats.
In late January, Germany, France, and England launched INSTEX, a trade tool to counter U.S. sanctions in support of trade with Iran and other countries. Although for Iran, INSTEX is nothing but a similar U.S. humanitarian aid to Venezuela, for Europe it may be a way out of U.S. opposition to transporting Russian gas from Nord Stream to the European continent.
The U.S. energy official warned European official of the risk posed by
relying too heavily on Russia’s cheap gas and offered plans to sell America’s
liquid natural gas (LNG) at a higher price to Europe through ports, which don’t
exist for high volume yet. Trump stresses The North Atlantic Treaty
Organization (NATO) members spend two percent of its gross domestic product (GDP)
on weapons, preferably from the U.S. and not German or French.
It seems the IMF is administered from the Pentagon in Washington. Undoubtedly, Europe is aware of losing its international financial ties.
At the funeral of George H. W. Bush, EU diplomats were at the bottom of the list of candidates to sit in their seats; the United States no longer considers the European Union as a credible entity.
In December, Mike Pompeo delivered a speech on Europe in Brussels, in which he admired the virtues of nationalism, criticized multilateralism and the European Union, and said that “international institutions” that dominated national sovereignty “must be corrected or deleted.
On Twitter, Pompeo says with a mockery: “Europe was an enemy of Europe.
But it was Germany in World Wars 1 and 2. How did that work out for France?
They were starting to learn German in Paris before the U.S. came along. Pay for
NATO or not!”
The idea of creating a European army has been discussed in the European Union. The initial offer was from Germany, and then Macron in the commemoration of the centennial of the end of the First World War in France.
Sigmar Gabriel, former foreign minister of Germany, said in February 2018 at the Foreign Policy Forum in Berlin “that it’s time for Germany and Europe to put their agenda on the agenda because the United States no longer sees the world as a global community or shared interests.
French President Charles de Gaulle long ago believed that no nation could be considered an independent state and ordered the withdrawal of France from the North Atlantic Treaty Organization in 1996.
Europe is at risk and knows it too, but it doesn’t have many options ahead. It has to choose either to use the historic opportunity to gain political, and economic independence, or give in to U.S. policy while it awaits the fall of U.S. which will jeopardize its economic and political future.
First published in our partner Tehran Times
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