Belarus becomes next country bent on ditching the dollar as they seek bi-lateral trade agreements with Russia

Belarus becomes next country bent on ditching the dollar as they seek bi-lateral trade agreements with Russia

In the Russian Analyst’s opinion, this move is a direct counter to U.S. attempts to enforce the Countering America’s Adversaries Through Sanctions Act (CAASTA) against Russia and re-imposition of anti-Iranian economic measures. Since the collapse of the Soviet Union, a major source of revenue in Belarus has been the refining and export of Russian crude to Europe. Another source of Belorussian income has been supplying Soviet type arms and parts to Iran when that nation was still under pre-JCPOA sanctions.

With Washington putting the squeeze on EU refiners not to touch Iranian oil while giving ENI and Total just 90 days or less to comply, the Belorussians are well situated to profit from busting the U.S. sanctions. They can import by rail Iranian oil that doesn’t get processed in Russian refineries after its shipped up the Volga from the Caspian Sea. Of course, to do that, Minsk needs to be able to transact on a large scale without dollars. — JWS

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Will Putin's Promised Declassification of KGB Files With Some "Very Interesting Names" Include Ли Харви Освальд?

Dear George Soros and everyone at the State Department and CIA who thought pushing a Putin angle to the #PanamaPapers was a brilliant idea: are you sure you thought it through? The most devastating active measures (активные мероприятия) may be when the Russians start telling truths Western governments would prefer to keep buried...including about the KGB's most notorious American 'walk in' defector, one Lee Harvey Oswald of Dallas, Texas...

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