Posted on 03/22/2022 9:21:30 PM PDT by Conservat1
System set up outside Iran’s borders conducted tens of billions in banned trade, according to documents, intelligence officials
WASHINGTON—Iran established a clandestine banking and finance system to handle tens of billions of dollars in annual trade banned under U.S.-led sanctions, enabling Tehran to endure the economic siege and giving it leverage in multilateral nuclear talks, according to Western diplomats, intelligence officials and documents.
The system, which comprises accounts in foreign commercial banks, proxy companies registered outside the country, firms that coordinate the banned trade, and a transaction clearinghouse within Iran, has helped Tehran resist the Biden administration’s pressure to rejoin the 2015 nuclear deal, buying it time to advance its nuclear program even while negotiations were under way. Officials say they are closing in on a deal, with the release of two British women in recent days foreshadowing a potential agreement within days.
(Excerpt) Read more at wsj.com ...
Rejoining the Iran deal could undo years of progress in the Middle East.
By Lindsey O. Graham, the senior senator from South Carolina, and Morgan D. Ortagus, a political advisor who was the spokesperson for the U.S. State Department from 2019 to 2021. https://foreignpolicy.com/2021/04/28/iran-deal-biden-bailout/
March 05, 2022
While America watches the war in Ukraine, Biden finalizes a dangerous Iran deal
Eric R. Mandel
https://thehill.com/opinion/national-security/596950-while-america-watches-the-war-in-ukraine-biden-finalizes-a
Russia is very much using a stepped up version of this, and had time to prepare for it based on Iran. Same for North Korea. And you better believe that China has similar systems ready to go if the need arises.
I’m sure they were preparing this system backdoor pre invasion.
Russia and China set it up last year.
Also Russia got rid of their dollars.
I understand China is doing that now..
The dollar isn’t looking to have much of a history thanks to the idiots in charge of the US.
Saudi Arabia is paying China in yuan.
https://thecradle.co/Article/columns/7385
Marco and his friends are putting a bill out there to try to stop the decline of the dollar.
Oh and this..
https://thecradle.co/Article/columns/7975
This is what the war has really been about. Remember all the discussion about kicking Russia off SWIFT?
They didn’t care! And when visa and MasterCard pulled out of Russia they were already up on MIR.
Everyone likes the rouble being trashed but I suspect Russia and China will laugh last on this game.
And we Americans will pay dearly for a loser in the WH focused on weapons to Ukraine instead of keeping us afloat.
Biden doesn’t care because he is enamoured by The Fourth Turning so crisis is ok...not one mention of gun control after the shooting in Arkansas.
Oh and this..
https://thecradle.co/Article/columns/7975
This is what the war has really been about. Remember all the discussion about kicking Russia off SWIFT?
They didn’t care! And when visa and MasterCard pulled out of Russia they were already up on MIR.
Everyone likes the rouble being trashed but I suspect Russia and China will laugh last on this game.
And we Americans will pay dearly for a loser in the WH focused on weapons to Ukraine instead of keeping us afloat.
Biden doesn’t care because he is enamoured by The Fourth Turning so crisis is ok...not one mention of gun control after the shooting in Arkansas.
Sorry! For the duplicate!!!
Very interesting.
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