India and China Announce The “Oil Buyers Club” — Steemit

June 16, 2018 by · Leave a Comment 

I’ve been looking at some of the globalist summits around the world lately but here’s one that slipped under the radar: the International Energy Forum. The IEF’s 16th bienniel energy ministers meeting took place in New Delhi this past April and brought together 5o of the world’s energy ministers, 30 energy company CEOs and 12 heads of international organizations. Although it didn’t exactly make headlines at the time, an interesting story has emerged from the conference.

This past Wednesday, India’s Petroleum Ministry tweeted out a link to a story from an Indian financial publication reporting on an idea floated by Indian Oil Minister Dharmendra Pradhan at the IEF conference. The idea? For India, Chian, South Korea and Japan—all oil hungry Asian nations, all currently at the mercy of the OPEC cartel—to form “an ‘oil buyers club’ that can negotiate better terms with sellers as well as getting more US crude oil to Asia to cut dominance of the oil block.”

Source: India and China Announce The “Oil Buyers Club” — Steemit

Why India is ignoring US sanctions and sticking with Iran | Asia Times

June 3, 2018 by · Leave a Comment 

Pay very close attention to what India’s External Affairs Minister, Sushma Swaraj, said after meeting with Iranian Foreign Minister Mohammad Javad Zarif earlier this week in New Delhi:

“Our foreign policy is not made under pressure from other countries … We recognize UN sanctions and not country-specific sanctions. We didn’t follow US sanctions on previous occasions either.”

After fellow BRICS members China and Russia, India left no margin for doubt. And there’s more; India will continue to buy oil from Iran – its third top supplier – and is willing to pay in rupees via state bank UCO, which is not exposed to the US. India bought 114% more oil from Iran during the financial year up to March 2018 than in the previous term.

Source: Why India is ignoring US sanctions and sticking with Iran | Asia Times

Venezuela’s New Cryptocurrency Is A Scam : The Corbett Report

February 25, 2018 by · Leave a Comment 

A perfectly predictable thing happened when the Great Oil Price Plunge of 2014 pulled the rug out from Venezuela’s oilconomy: Foreign creditors stopped lending to Venezuela, the debt-saddled government devalued the currency to cover budget deficits, inflation spiraled out of control (entering a death spiral last November), and, perhaps inevitably, the government defaulted on some of its $US bonds. (And all this amidst devastating US sanctions of the country).

The result, as anyone who has been even casually following the headlines coming out of Venezuela has no doubt noted, has also been predictable: Chaos. Pandemonium. Desperation. People eating zoo animals. As I say, we’ve all heard the horror stories.

Source: Venezuela’s New Cryptocurrency Is A Scam : The Corbett Report

Iran, Gold and Oil – The Next Banksters War

October 19, 2015 by · Leave a Comment 

Remember the real reason why Moammar Gadhafi is dead. He dared to propose and started creating an alternative currency to the world reserve U.S. Dollar. The lesson learned in Libya is now ready for teaching in Iran. Forget all the noise about going nuclear, the true message is that the banksters rule and nation states serve their ultimate masters. The hype and disinformation that surrounds the push for war is best understood by examining the viewpoint of Iranian MP Kazem Jalali. The Tehran Times quotes him in saying,

Read the entire article on the “View from the Mount” archives


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