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Yet another step towards greater global civilisational advancement, as the USA slowly falters through its deeply flawed misguided Deep State and the USA propensity to masterbate over all matters Israel, the illegal little racist Aparthied entity, in its REAL foreign policy.
This artificial process creates imbalance in the USA, the 'Sole hyper-power' in the world.
On the other hand we have China (the largest economy on earth at $19 trillion PPP GDP 2016), and Russia (the 5th largest economy at $3.8 trillion PPP GDP 2017)......creating an alternative peaceful universe to that of the USA with its $1.5 trillion SECURITY EMPIRE, constant war and a police state at home which must necessitate the dilution of innovative ideas that naturally advances society, nations and civilisation.
2.3 million of its people are in its gulags working as slave labour, like Nazi Germany.
In the near future 25% of the USA GDP will be consumed by the Medical service Industry, from the present 18%!!!!!! The Free Market working at its best.
AND yet 50,000 or more people die in the USA due to not being able to afford basic medical care just like failed state Somalia, a sorry African state which the USA Empire attacks with no real reason, save for reports from Rothschild LONDON in its "strategic reports" that the country may contain 'great minerals' under the ground just like the $25 trillion in the DRC.
20 million FOREIGN people live illegally in the USA.....entering the country without the necessary papers and permission.
So this is the GREAT USA Empire.
Of the 200 nations on earth many seek new leadership, direction, hope, support, courage and development from an alternative to the USA.
This void can be filled by China and Russia.
On the other hand the Eurasian Integration is meaningless unless it has a clear SECURITY DIMENSION.
(i) Intelligence cooperation.
(ii) Conventional military cooperation.(standardisation of equipment, training and even organisation)
(iii) Nuclear Weapons strategic cooperation.
(iv) Space warefare cooperation.
(v) Cyber-warefare cooperation.
As a barrister who is familiar with International Law I am happy to draft documents for such developments in the future. In addition to expertise, I can bring sincere passion to such work.........it is historically too important.
Every society is complicated, and there are various forces attempting to promote their percieved best policies but basic contradictions in policy can never be rectified harmoniously, whatever the country:
1. The USA cannot at one be a great nation, and at the same time exist as an annex enforcer of the Israeli dreams for Empire, called Eretz Israel....since the realisation of such a dream must mean the end of the USA, and the transfer of the 7--9 million Jews from there to Greater Israel (Just like the 'Collapse' of the Soviet Union in 1991 which led to 3,000,000 Jews fleeing the country, and the so called un--'Islamic Revolution' in Iran in 1979 by the CIA which led to 300,000 Jews leaving the country...200,000 to Israel)
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Yuan Clearing Bank Opens in Moscow as Russia, China Dump Dollar in Bilateral Trade
Russia and China accelerate local currency cooperation
Russia Insider
Moscow and Beijing took another step towards de-dollarization with the announcement of the opening of a renminbi clearing bank in Russia on Wednesday.
Local currency transactions were first used in both countries' border regions. Today, more and more Chinese and Russian financial institutes and enterprises are using local currencies to invest and settle accounts, as the yuan-ruble trade platform is becoming more established and the transaction network is expanding amid deepening China-Russia economic and financial cooperation.
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The yuan clearing bank in Moscow will greatly accelerate trade in local currencies:
Industrial and Commercial Bank of China (ICBC) officially started operating as a Chinese renminbi (CNY) clearing bank in Russia Wednesday, a move set to facilitate the use of the currency and cooperation in various fields between the two countries."Under the guidance of the governments and central banks of both countries, ICBC's Moscow branch will effectively fulfill its responsibility and obligation as a renminbi clearing bank by taking further advantage of its leading edge in renminbi businesses, providing customers with safe, high quality and convenient clearing services," said Hu Hao, ICBC's deputy governor, at the opening ceremony."Financial regulatory authorities of China and Russia have signed a series of major agreements, which marks a new level of financial cooperation," said Dmitry Skobelkin, deputy governor of the Central Bank of the Russian Federation."The launching of renminbi clearing services in Russia will further expand local settlement business and promote financial cooperation between the two countries," the official added.With the continuous deepening of the Russia-China comprehensive strategic partnership of coordination in recent years, the two countries are now starting to enhance local currency cooperation.At the end of 2015, the Russian central bank announced the inclusion of the renminbi in its national foreign exchange reserves, making it Russia's officially recognized reserve currency.During Russian President Vladimir Putin's visit to China in June last year, the central banks of the two countries signed a memorandum of cooperation in starting renminbi clearing services in Russia, just three months before ICBC's Moscow branch was appointed by China's central bank as the clearing house for settling renminbi transactions there.
It's no secret that Russia and China have employed a number of methods to slowly wean themselves off dollar dependency.
Russia became China's largest energy exporter in February of last year after it agreed to accept payment in yuan.
The dollar is slowly losing its privileged place in international transactions.
We're sure Washington is less than thrilled.
