Turkey Finds Economic Crisis Ally in Qatar

In the face of increasing US sanctions against the country, Turkey has found an unlikely ally in Qatar. Just recently president Trump placed tariffs on steel and aluminum imports from Turkey in violation of standing agreements. The tariffs are already at 20% and 50% respectively. Ankara has responded by placing their own tariffs on a…

US Dollar Banned for Trade in Iran

The Islamic Republic of Iran has delivered another sharp blow to the US dollar. The government recently announced that it will no longer be accepting the dollar for trade. Anyone attempting to use the dollar will be barred from passing through import procedures. This comes as a result of concerns the Central Bank of Iran…

State Banks Realizing the Power of Crypto-Currencies

One of the virtues of digital currencies has been the lack of regulation over them. it was pronounced by libertarians that simply removing the state from money would magically make everything work. In their eyes, allowing the market to function unhindered is the key to success. But, as we’ve seen, this is certainly not the…

European Powers Rejecting US Dollar Dominance to Sanction Iran

The US continues to push the false claim that Iran is in violation of the Joint Comprehensive Plan of Action (JCPOA) despite the fact that European countries and UN agencies have certified that Iran is in full compliance. It seems that the US is insistent upon withdrawing from the agreement and restoring previous extraterritorial sanctions…