SWIFT

03.02.2019

Trump’s Brilliant Strategy to Dismember U.S. Dollar Hegemony

Trump’s Brilliant Strategy to Dismember U.S. Dollar Hegemony

Russia and China have already moved to create a shadow bank-transfer system in case the United States unplugs them from SWIFT. Germany, France and even the U.S. poodle Britain joined to create INSTEX — Instrument in Support of Trade Exchanges. by MICHAEL HUDSON Originally published on… »

29.11.2018

EU-Tanzania clash: follow the money?

EU-Tanzania clash: follow the money?

Until a couple of weeks ago, there had never been so much talk of Tanzania in the Western media. Many people wonder if behind the scenes there is something more relevant than African homofobia. In fact, they invite you to follow the canonical path, that of… »

29.08.2018

Germany seeks Independence from the US$

Germany seeks Independence from the US$

by Paul Craig Roberts, 28/08/2018. Germany’s Foreign Minister Says Sovereignty Requires Independence from Washington: “Europe no longer wants to be a vassal state to US monopoly over global payments, and will now aggressively pursue its own “Swift” network that is not subservient to Washington’s every whim” — Heiko Maas. »

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