Recent viral reports claim the United States and Saudi Arabia have ended their long-standing petrodollar agreement. Are these claims based in fact? And what do recent agreements between the Saudi Kingdom and China mean for the U.S. dollar? On June 9th, 2024, a 50-year old agreement between the United States government and the Saudi kingdom Read More…
Tag: BRICS
The UK Again Lashes Out At Iran, Corporate Media Continues To Peddle Propaganda
The UK Government took steps to further sanction the Islamic Republic of Iran, gaining instant praise from Washington, in what is primarily going to be a symbolic move with little real world impacts. What appears to be a tantrum from the British government, over the successes of Iran, coincidentally comes just prior to their “planned” Read More…
The Decline Of The Western Empire
The United States government has had an uncontested position of world domination, a one world government under which it has subjected the planet to its dictates, since the end of the Cold War with the Soviet Union. This is now changing; recognizing this is the first step to creating a brighter future, but in order Read More…
Has The Ukraine War Allowed A Western Counter To China’s Belt and Road Initiative?
Beijing’s Belt and Road Initiative has catapulted China into the position of a worldwide superpower, since its inception. Whilst Washington has for years scrambled to find an answer, how has the Ukraine war affected the ability of the US and its allies to combat China’s rising power? Since February 24, 2022, when Russia declared its Read More…
The Petrodollar Is Under Attack: Here’s What You Need To Know
Once upon a time, the U.S. dollar was backed by the gold standard in a framework that established what was known as the Bretton-Woods agreement, made in 1944. The dollar was fixed to gold at a price of $35 an ounce, though the dollar could earn interest, marking one notable difference from gold. The system ended up Read More…
Reshaping Geopolitics: Breaking Down The Current “Free Trade” Deals
For many people still unaware, there are a variety of “free trade” deals being negotiated and worked on between various swaths of countries all over the world. As we have reported on several times at The Last American Vagabond, TPP is one of those under the radar trade deals that is attempting to be passed Read More…