ANALYSIS

Russia, China taking big step for phasing out Dollar

Russia, China taking big step for phasing out Dollar

PEJOURNAL - The dollar has been the world’s most important currency since World War II; it is the most common reserve currency and the most widely used currency for international trade and other transactions worldwide. The removal of the dollar from economic relations among countries and agreements to replace it with national currencies or other currencies in world trade is not an uncommon issue, but in recent years the process has intensified due to the measures of the US administration under Trump and Biden. In fact, political tensions between Washington and other countries have tarnished credibility of the US dollar…
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As the U.S. “Empire” frays, there is Zubeidi and his colleagues

As the U.S. “Empire” frays, there is Zubeidi and his colleagues

BY: Martin Love PEJOURNAL - It has been reported that Zakaria Zubeidi, one of the four of six escapees from maximum security Gilboa Prison in the West Bank who was recaptured by Zionist thugs, has been admitted to an ICU at an Israeli hospital after repeated rounds of torture that included breaking one of his legs and then hanging him upside down by his broken leg, among other atrocities. As for the two escapees who have not yet been recaptured, it has been suggested that one of them MAY have been able to cross into Lebanon, given some unconfirmed evidence…
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Afghanistan’s important lesson for Europe

Afghanistan’s important lesson for Europe

BY: Pooya Mirzaei PEJOURNAL - EU foreign policy chief Josep Borrell, who visited Slovenia in a statement welcomed by Germany, said: "Developments in Afghanistan have shown the need to create a common army and defense force of European countries." These positions, which can be considered a sign of Europe's disappointment with the United States and NATO, have been raised while since 1945, the end of World War II, the United States has ruled Europe under the NATO military umbrella and Marshall Plan. Now, given the Taliban developments in Afghanistan and the flight of the United States and NATO from this…
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Saudi Arabia is never a strategic partner of the United States

Saudi Arabia is never a strategic partner of the United States

BY: Pooya Mirzaei PEJOURNAL - Many years have passed since the Nixon-Kissinger doctrine of dividing responsibilities in the field of foreign policy and giving responsibility to regional powers. The same doctrine that introduced the Shah of Iran as the regional gendarmerie as a military arm and Saudi Arabia as its economic arm and ultimately complemented the role of the Iranian gendarmerie in the Middle East. In the meantime, the United States has once again chosen a policy of helping Saudi Arabia dominate the region and lead the Arab world, as well as supporting the kingdom in regional conflicts, after regional…
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G7, surrender to self-made crises

G7, surrender to self-made crises

BY: Pooya Mirzaei PEJOURNAL - The idea of forming the G7 after the global oil crisis in 1973 convinced the powerful leaders of the world's major industrialized nations in 1975 that they needed closer and more coherent cooperation for the economic-security crisis caused by economic and oil shocks. But the failure of the Group of Seven in recent years, given the growth of tangible and intangible threats and the changing and fluid nature of threats, has led to the questioning of its existential philosophy. In the current context, and given the out-of-control crises, especially transnational ones, and the conventional and…
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America is still headed for a material collapse eventually

America is still headed for a material collapse eventually

BY: Martin Love PEJOURNAL - Some Americans, but far too few, want to know how Barack Obama gets to plan his upcoming 60th birthday bash this month on his 30-acre oceanfront estate on the island of Martha’s Vineyard off the coast of Massachusetts. There are 475 confirmed guests set to show up who will be catered to by a staff of some 200 people at the estate which the Obama family bought for $12 million right after he left the White House. One can imagine then party will cost close to a million bucks. And this for a President who…
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QUAD; creating an atmosphere of pessimism against China

QUAD; creating an atmosphere of pessimism against China

BY: William Holmes PEJOURNAL - Former Japanese Prime Minister Shinzo Abe's legacy as the founder of the QUAD in 2007 was supposed to bring "freedom and prosperity" to the Asia-Pacific area, which ran into problems; and the group was able to meet only once in 2007 and ended its work with a military exercise. With the withdrawal of Australia from the group, which was done due to the improvement of its relations with Beijing, the group's activities were interrupted for more than a decade. In 2012, Japan promoted the group's idea as a "QUAD of democratic security" and thus challenged…
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Russia and SWIFT

Russia and SWIFT

PEJOURNAL - A spokesman for the Russian Foreign Ministry recently announced that Russia is preparing to be removed from SWIFT. His remarks came in response to a European Parliament resolution calling for Russia to cut ties with SWIFT if it continues to invade Ukraine. The question now is how feasible is this Russian move? What are its implications for SWIFT and international trade? What are the roots of this decision and how far can the countries involved in SWIFT go with the option of sanctioning and leaving SWIFT? SWIFT stands for the Society for Worldwide Interbank Financial Telecommunications, which has…
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An analytical approach to Iran-China Strategic Document

An analytical approach to Iran-China Strategic Document

BY: Mohammad Ghaderi and Pooya Mirzaei PEJOURNAL - The signing of the 25-year roadmap for comprehensive strategic cooperation between Iran and China, as expected, was met with a wave of marginalization based on distortion of reality by various currents inside and outside the country. The beginning of the drafting of this upstream document, on which Iran and China have agreed as a roadmap for the realization of comprehensive strategic cooperation between the two countries, coincided with the official visit of Chinese President Xi Jinping to Iran on February 23, 2016. At the time, Tehran and Beijing issued a joint statement…
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From Deng Xiaoping’s China to Xi Jinping’s China

From Deng Xiaoping’s China to Xi Jinping’s China

BY: Pooya Mirzaei PEJOURNAL - “When I was growing up in rural China in the 1970s, cars and trucks were scarce. My friends and I preferred to follow these cars on the dirty rural roads and enjoy the game. Today, however, China has become the largest automaker, with twice the capacity of the United States.” says Victor Gao, a famous Chinese translator. “I never imagined that one day a Chinese family would own a car,” Gao told CNN. “I never believed that China would one day become the largest automaker in the world.” “It was beyond my dreams to see…
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