US Treasury set to expand secondary sanctions on Iran
The US Treasury is expected to expand the scope of secondary sanctions it can impose on companies and countries that continue doing business with Iran, as the Trump administration seeks to ratchet up economic pressure on Tehran, a source familiar with the plans told Reuters.
The move is intended as a final warning to countries to cut their commercial ties with Iran, in an effort to bring an end to the US Israeli war on Iran, the source said.
US Treasury Secretary Scott Bessent is expected to unveil further details of the measures at a 1:00 PM EDT (17:00 GMT) news conference on Monday. According to the source, Bessent will also outline a wider economic pressure campaign against Iran that he and US President Donald Trump have called an "economic D-Day."
Bessent is expected to make clear that countries must choose between aligning with the US or risking having major companies and entities cut off from the dollar based financial system, the source said...
The US Treasury is expected to expand the scope of secondary sanctions it can impose on companies and countries that continue doing business with Iran, as the Trump administration seeks to ratchet up economic pressure on Tehran, a source familiar with the plans told Reuters.
The move is intended as a final warning to countries to cut their commercial ties with Iran, in an effort to bring an end to the US Israeli war on Iran, the source said.
US Treasury Secretary Scott Bessent is expected to unveil further details of the measures at a 1:00 PM EDT (17:00 GMT) news conference on Monday. According to the source, Bessent will also outline a wider economic pressure campaign against Iran that he and US President Donald Trump have called an "economic D-Day."
Bessent is expected to make clear that countries must choose between aligning with the US or risking having major companies and entities cut off from the dollar based financial system, the source said...
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Tehran announces discovery of massive new gas field
The US and Israel have been threatening to hit all of Iran's power sites, while Tehran vows to collapse the global energy industry if such an attack is launched.
"...The discovery has added a significant new resource to Iran's national hydrocarbon reserves following efforts by the oil industry to identify and develop new deposits," said Iran's Oil Minister Mohsen Paknejad.
"The field's recoverable gas reserves are equivalent to enough gas to supply one phase of the South Pars gas field for around 15 years," he added, referring to the discovered gas as "sweet gas," which is easily processed and is less corrosive, "reducing development and operating costs."
@americanmajority
The US and Israel have been threatening to hit all of Iran's power sites, while Tehran vows to collapse the global energy industry if such an attack is launched.
"...The discovery has added a significant new resource to Iran's national hydrocarbon reserves following efforts by the oil industry to identify and develop new deposits," said Iran's Oil Minister Mohsen Paknejad.
"The field's recoverable gas reserves are equivalent to enough gas to supply one phase of the South Pars gas field for around 15 years," he added, referring to the discovered gas as "sweet gas," which is easily processed and is less corrosive, "reducing development and operating costs."
@americanmajority
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Brought to you by Scotts Miracle-Gro!
Scotts!
It's what presidents put on their lawns!
Scotts!
It's what presidents put on their lawns!
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China urges West Asia, Gulf parties to return to dialogue
China's Foreign Minister Wang Yi said Monday that tensions in West Asia and the Gulf had once again reached a critical point, urging all parties to return to dialogue and negotiations as soon as possible.
Wang made the remarks during a meeting in Beijing with Kuwait's Foreign Minister Jarrah Jaber al Ahmad Al-Sabah, according to a Chinese Foreign Ministry statement.
Wang said "the old script of recurring conflict should not be repeated" and stressed that reducing tensions should be the immediate priority.
He added that China was ready to deepen coordination with Kuwait and continue working toward restoring peace and stability across the region...
"Can't we just all get along bro." China really needs to pull their heads out of their asses and finally realize this isn't about "disagreements." It's about imperial expansion. All these "return to dialogue" speeches are useless and, at this point, kind of infuriating.
@americanmajority
China's Foreign Minister Wang Yi said Monday that tensions in West Asia and the Gulf had once again reached a critical point, urging all parties to return to dialogue and negotiations as soon as possible.
Wang made the remarks during a meeting in Beijing with Kuwait's Foreign Minister Jarrah Jaber al Ahmad Al-Sabah, according to a Chinese Foreign Ministry statement.
Wang said "the old script of recurring conflict should not be repeated" and stressed that reducing tensions should be the immediate priority.
He added that China was ready to deepen coordination with Kuwait and continue working toward restoring peace and stability across the region...
"Can't we just all get along bro." China really needs to pull their heads out of their asses and finally realize this isn't about "disagreements." It's about imperial expansion. All these "return to dialogue" speeches are useless and, at this point, kind of infuriating.
@americanmajority
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BING CHILLING! HYNUEEEE!
"You don't know what's happening behind closed doors." No, I don't. And neither do you. We can only judge things based on the stuff we do know. Xi doesn't talk to me and neither does John Cena (I'm convinced he's actually in charge), but we can use our eyes to see and our ears to hear. And all I hear from China are dumb statements about "returning to dialogue" and about how "alarmed" they are about the lack of "muh international law" applications.
Is it possible China is playing 5D chess? Sure, sure. It's possible Trump is playing 5D chess too! But ya know, probably not. I think it's way more likely that things are the way we see and hear them.
I'd be absolutely delighted if I'm wrong here! If it turns out that 5D chess is indeed being played and that China really is "just waiting for the right moment bro," I'll be a happy man. But is that really the case?
I too like ice cream.
@americanmajority
"You don't know what's happening behind closed doors." No, I don't. And neither do you. We can only judge things based on the stuff we do know. Xi doesn't talk to me and neither does John Cena (I'm convinced he's actually in charge), but we can use our eyes to see and our ears to hear. And all I hear from China are dumb statements about "returning to dialogue" and about how "alarmed" they are about the lack of "muh international law" applications.
Is it possible China is playing 5D chess? Sure, sure. It's possible Trump is playing 5D chess too! But ya know, probably not. I think it's way more likely that things are the way we see and hear them.
I'd be absolutely delighted if I'm wrong here! If it turns out that 5D chess is indeed being played and that China really is "just waiting for the right moment bro," I'll be a happy man. But is that really the case?
I too like ice cream.
@americanmajority
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Iran vows to target "source and origin" of any aggression in warning to EU state
The warning follows the deployment of US KC-135 refueling tankers to a base in Bulgaria, which departed the EU state over the weekend after Tehran protested the move.
"...Regarding Bulgaria, we have stated our position. From the beginning, as many Bulgarian citizens themselves pointed out, this action was contrary to international law and constituted support for US aggression against Iran. We stated that such participation amounts to ...aggression," Baghaei said.
"There is no reason for any country to be concerned about us unless it has made its bases available to the aggressing party. Iran has the right to target the source and origin of an act of aggression. We will show no leniency in defending Iran," he added...
Diplomacy with a bear who's trying to eat you is kind of pointless. It's a bear. It wants to eat. Also, it doesn't really understand diplomacy. Hungry bears are notoriously bad at diplomacy.
@americanmajority
The warning follows the deployment of US KC-135 refueling tankers to a base in Bulgaria, which departed the EU state over the weekend after Tehran protested the move.
"...Regarding Bulgaria, we have stated our position. From the beginning, as many Bulgarian citizens themselves pointed out, this action was contrary to international law and constituted support for US aggression against Iran. We stated that such participation amounts to ...aggression," Baghaei said.
"There is no reason for any country to be concerned about us unless it has made its bases available to the aggressing party. Iran has the right to target the source and origin of an act of aggression. We will show no leniency in defending Iran," he added...
Diplomacy with a bear who's trying to eat you is kind of pointless. It's a bear. It wants to eat. Also, it doesn't really understand diplomacy. Hungry bears are notoriously bad at diplomacy.
@americanmajority
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EU unlocks new tranche of €90 billion loan to Ukraine for weapons
The approved transfer of €6.1 billion is expected to finance air and missile defense systems, missiles, ammunition, and radars.
...The European Commission has approved €6.1 billion ($7.1 billion) in new weapons purchases for Ukraine, the commission said on Monday. The tranche is part of a €90 billion loan allocated by Brussels for budgetary and military aid to Kiev earlier this year.
Facing mounting battlefield pressure, Kiev is increasingly pushing for faster aid disbursements as it relies heavily on foreign funding to plug a widening budget gap and sustain its war effort against Russia. Moscow has argued that Western military aid to Ukraine, which comes at the expense of ordinary taxpayers, only serves to prolong the conflict...
Maybe they'll run out of money next time. Or maybe after that. Fingers crossed, lol.
@americanmajority
The approved transfer of €6.1 billion is expected to finance air and missile defense systems, missiles, ammunition, and radars.
...The European Commission has approved €6.1 billion ($7.1 billion) in new weapons purchases for Ukraine, the commission said on Monday. The tranche is part of a €90 billion loan allocated by Brussels for budgetary and military aid to Kiev earlier this year.
Facing mounting battlefield pressure, Kiev is increasingly pushing for faster aid disbursements as it relies heavily on foreign funding to plug a widening budget gap and sustain its war effort against Russia. Moscow has argued that Western military aid to Ukraine, which comes at the expense of ordinary taxpayers, only serves to prolong the conflict...
Maybe they'll run out of money next time. Or maybe after that. Fingers crossed, lol.
@americanmajority
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Forwarded from Middle East Spectator — MES
—❗️🇺🇸/🇮🇷 NEW: The U.S. has only 41 days of crude oil supply left, the lowest since the 1970s
@Middle_East_Spectator
@Middle_East_Spectator
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Singapore launches world first data center powered by human brain cells
The 20 unit system reportedly uses lab grown brain cells integrated with silicon chips to generate computing power.
Singapore has launched the world's first independently operated data center using living human brain cells for some computing tasks, the medical school of the National University of Singapore (NUS Medicine) has said. The system consumes a fraction of the power of traditional computing hardware. The neurons are fed every three days and sustained by dedicated life support equipment.
NUS Medicine announced the prototype earlier this month in partnership with Singapore based data center operator DayOne and Australian biotech firm Cortical Labs. Housed at the university, the system is described by its developers as the world's first independently operated biologically integrated server rack...
@americanmajority
The 20 unit system reportedly uses lab grown brain cells integrated with silicon chips to generate computing power.
Singapore has launched the world's first independently operated data center using living human brain cells for some computing tasks, the medical school of the National University of Singapore (NUS Medicine) has said. The system consumes a fraction of the power of traditional computing hardware. The neurons are fed every three days and sustained by dedicated life support equipment.
NUS Medicine announced the prototype earlier this month in partnership with Singapore based data center operator DayOne and Australian biotech firm Cortical Labs. Housed at the university, the system is described by its developers as the world's first independently operated biologically integrated server rack...
@americanmajority
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The American Majority
Singapore launches world first data center powered by human brain cells The 20 unit system reportedly uses lab grown brain cells integrated with silicon chips to generate computing power. Singapore has launched the world's first independently operated data…
"Hello, how may I help you today?"
What the fuck is this timeline...
What the fuck is this timeline...
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On the 2024 campaign trail, Donald Trump's surrogates often highlighted the importance of revamping US foreign policy to focus on the threat of a rising China. After decades of failed nation building operations in the Middle East, figures like J.D. Vance argued, it was time to shift priorities and secure America's actual interests. Yet less than a year into Trump's second term, another war in the Middle East is pulling attention and resources away from the Asia Pacific region.
Trump's recent decision substantially to reduce joint military exercises with South Korea marks another shift away from the "pivot to Asia" strategy. Trump presented the decision as punishment for Seoul's refusal to aid the US war against Iran, and that seems to be the impression of South Korea's Foreign Minister Cho Hyun...
Another article by AC that takes everything at face value and goes "yeah bro totallyyyyy." Ugh. But I still think it's important to highlight them for our purposes.
@americanmajority
Trump's recent decision substantially to reduce joint military exercises with South Korea marks another shift away from the "pivot to Asia" strategy. Trump presented the decision as punishment for Seoul's refusal to aid the US war against Iran, and that seems to be the impression of South Korea's Foreign Minister Cho Hyun...
Another article by AC that takes everything at face value and goes "yeah bro totallyyyyy." Ugh. But I still think it's important to highlight them for our purposes.
@americanmajority
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What the "Iran experts" didn't tell the White House
With no end in sight, the war launched by the US and Israel against Iran remains deeply unpopular. On the day it started, only 27 percent of Americans supported the unprovoked military operation that interrupted ongoing diplomatic talks. Five months later, that number has changed little, with 35 percent of the 4,505 US adults polled by Reuters/Ipsos in early August saying they approved of the war.
Even those in the West who don't object on moral grounds continue to take issue with the obvious lack of strategy. Few are convinced Iran was really two weeks away from a nuclear weapon, and confusion about the reasons for war continues unabated...
"I'm so confused about why this bear is trying to eat me..." But decent article though. Give it a read.
@americanmajority
With no end in sight, the war launched by the US and Israel against Iran remains deeply unpopular. On the day it started, only 27 percent of Americans supported the unprovoked military operation that interrupted ongoing diplomatic talks. Five months later, that number has changed little, with 35 percent of the 4,505 US adults polled by Reuters/Ipsos in early August saying they approved of the war.
Even those in the West who don't object on moral grounds continue to take issue with the obvious lack of strategy. Few are convinced Iran was really two weeks away from a nuclear weapon, and confusion about the reasons for war continues unabated...
"I'm so confused about why this bear is trying to eat me..." But decent article though. Give it a read.
@americanmajority
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Good morning America!
Why is it good? Well, I'm glad you asked, kind stranger! It's good because of that beautiful man. Scott Bessent... Oh, Scott. Look at those deep eyes and that boyish smile.
You see, Scott did a press conference. What did Scott say? Remember I said I can't imagine what the US could possibly do to Iran we haven't already done in terms of sanctions? Well, Scott has an answer! Because he did a conference.
The plan is... Wait, wait. This is too good to just write without a pause... The plan is to CUT OFF ALL COUNTRIES THAT DO BUSINESS WITH IRAN FROM THE USD PAYMENT SYSTEM!
OH YES! PLEASE do that! What a wonderful idea! Scott, you madlad! You are a genius and I love you.
Your number one fan,
Peyton UwU
@americanmajority
Why is it good? Well, I'm glad you asked, kind stranger! It's good because of that beautiful man. Scott Bessent... Oh, Scott. Look at those deep eyes and that boyish smile.
You see, Scott did a press conference. What did Scott say? Remember I said I can't imagine what the US could possibly do to Iran we haven't already done in terms of sanctions? Well, Scott has an answer! Because he did a conference.
The plan is... Wait, wait. This is too good to just write without a pause... The plan is to CUT OFF ALL COUNTRIES THAT DO BUSINESS WITH IRAN FROM THE USD PAYMENT SYSTEM!
OH YES! PLEASE do that! What a wonderful idea! Scott, you madlad! You are a genius and I love you.
Your number one fan,
Peyton UwU
@americanmajority
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The American Majority
Good morning America! Why is it good? Well, I'm glad you asked, kind stranger! It's good because of that beautiful man. Scott Bessent... Oh, Scott. Look at those deep eyes and that boyish smile. You see, Scott did a press conference. What did Scott say?…
"Yes, so, the BRICS countries and the world in general are too goofy to ditch the Dollar. We'll do it for them DAMMIT!"
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The American Majority
"Netanyahu said it was a good idea!"
"What's this reserve currency you keep mentioning? Is that like a Pokémon thing?"
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Okay, let's put our reading glasses on then...
I think this is a bluff. The reason I think it's a bluff is because when Bessent was asked about it by the journos who attended the conference, he basically said "if it don't work, we'll destroy the world economy." He knows what doing something like that would mean. Especially now that the US economy itself is held together by voodoo magic.
Watch the conference, it's pretty funny. Bessent himself spoke as if he just finished a morning jog and everyone was confused as fuck. You know who was happy about the conference? Benjamin Netanyahu. He tweeted praises at his dogs for being good dogs. Everyone else was baffled.
IF this is not a bluff and the Trump admin really just are a bunch of retarded kikeslaves (I mean, to an even higher degree than I thought), then this will become the single most impactful act of political and economic sabotage in the history of mankind.
Here's to the USD! T'was a good ride!
@americanmajority
I think this is a bluff. The reason I think it's a bluff is because when Bessent was asked about it by the journos who attended the conference, he basically said "if it don't work, we'll destroy the world economy." He knows what doing something like that would mean. Especially now that the US economy itself is held together by voodoo magic.
Watch the conference, it's pretty funny. Bessent himself spoke as if he just finished a morning jog and everyone was confused as fuck. You know who was happy about the conference? Benjamin Netanyahu. He tweeted praises at his dogs for being good dogs. Everyone else was baffled.
IF this is not a bluff and the Trump admin really just are a bunch of retarded kikeslaves (I mean, to an even higher degree than I thought), then this will become the single most impactful act of political and economic sabotage in the history of mankind.
Here's to the USD! T'was a good ride!
@americanmajority
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Iran blacklists 45 vessels for "violating" Hormuz regulations
...The 45 vessels designated by Tehran could be fined, captured, or have their cargoes confiscated, said the Persian Gulf Strait Authority (PGSA) - a body formed by Tehran earlier this year to enforce its demand for post war management of the strait.
"In light of violations by certain vessels of the Iranian arrangements for transiting the Strait of Hormuz, these vessels will face restrictions in their future transits through the Strait of Hormuz, such as fines, seizure, or confiscation," the PGSA stated on Sunday evening...
But I thought we were in charge.
@americanmajority
...The 45 vessels designated by Tehran could be fined, captured, or have their cargoes confiscated, said the Persian Gulf Strait Authority (PGSA) - a body formed by Tehran earlier this year to enforce its demand for post war management of the strait.
"In light of violations by certain vessels of the Iranian arrangements for transiting the Strait of Hormuz, these vessels will face restrictions in their future transits through the Strait of Hormuz, such as fines, seizure, or confiscation," the PGSA stated on Sunday evening...
But I thought we were in charge.
@americanmajority
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Trump linked crypto firm wins preliminary approval to establish bank
The US president has loosened regulations governing the issuance of new bank charters, allowing his family's World Liberty Financial to win early approval to establish a banking trust to back its stablecoin.
...The Trump family's proposed bank holding company listed Zachary Witkoff, the son of Trump's close friend and special envoy Steven Witkoff, as the trust's board chairman. Bloomberg noted that Zachary Witkoff and other officers listed in the application for the charter have never run a bank before.
One of the proposed directors includes the executive of a car dealership group and a brokerage firm. Under Trump, the Office of the Comptroller of the Currency (OCC) has loosened banking regulations, leading to a wave of approvals for new banks, including many related to the crypto and fintech industries...
LOL.
@americanmajority
The US president has loosened regulations governing the issuance of new bank charters, allowing his family's World Liberty Financial to win early approval to establish a banking trust to back its stablecoin.
...The Trump family's proposed bank holding company listed Zachary Witkoff, the son of Trump's close friend and special envoy Steven Witkoff, as the trust's board chairman. Bloomberg noted that Zachary Witkoff and other officers listed in the application for the charter have never run a bank before.
One of the proposed directors includes the executive of a car dealership group and a brokerage firm. Under Trump, the Office of the Comptroller of the Currency (OCC) has loosened banking regulations, leading to a wave of approvals for new banks, including many related to the crypto and fintech industries...
LOL.
@americanmajority
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