Washington Eyes Move by China to Gain Stronger Foothold in Oil-Rich Iran
China Seeks to Increase Iranian Oil Imports. In a move virtually guaranteed to irk Washington, a new report suggests that a Chinese state trader, Zhuhai Zhenrong Corp, is negotiating a new crude oil contract with the National Iranian Oil Company that could dramatically raise imports in 2014. Some insiders say that such a move would risk increased U.S. sanctions against the Chinese firm.
Increased Strategic Cooperation. In a meeting held in Tehran last month, top government officials from Iran and China sought to increase strategic political and economic cooperation between the two countries.
More Economic Hardball Between China and the U.S. This is the latest in a string of continuing attacks on the failing Petrodollar system, which upholds global demand for the U.S. dollar. By alienating Iran for decades, the U.S. has sought to maintain pressure upon the rogue regime, which still mostly refuses to use U.S. dollars in global oil transactions. Beijing seeks to cleverly gain economic leverage through the new peace talks between Iran and the P5+1 by further destabilizing demand for the U.S. dollar.
“Since 1980 there’s been six occurrences when this has happened, and each time the following year has been bullish, at an average return of almost 15%.”
The kind of retirement many Americans envision — travel, hobbies, leisure time without financial stress — is nothing more than wistful fantasy for millions.
“When someone reveals that government officials have routinely and deliberately broken the law, that person should not face life in prison at the hands of the same government.”
“Apple has never worked with the NSA to create a backdoor in any of our products, including iPhone. Additionally, we have been unaware of this alleged NSA program targeting our products.”
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“A Daily Stock Trading Idea for Short-Term Traders”
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“A Daily Dose of Financial Wisdom from God’s Word”
“But love your enemies, and do good, and lend, expecting nothing in return; and your reward will be great, and you will be sons of the Most High; for He Himself is kind to ungrateful and evil men.” Luke 6:35
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