this is a development long past due and could easily reduce the empire to a pile of  nationalist waste;

Russia and China's announcement of an independent financial trading platform will free nations under US sanctions from western intrusion into their commercial activities...Vladimir Putin got straight to the point. At the opening of his one hour and fourteen minute video conversation with Xi Jinping on 15 December, he described Russia-China relations as “an example of genuine inter-state cooperation in the 21st century.”

Their myriad levels of cooperation have been known for years now – from trade, oil and gas, finance, aerospace and the fight against Covid-19, to the progressive interconnection of the Belt and Road Initiative (BRI) and the Eurasia Economic Union (EAEU).

But now the stage was set for the announcement of a serious counter-move in their carefully coordinated ballet opposing the relentless Hybrid War/Cold War 2.0 combo deployed by Empire.

As Assistant to the President for Foreign Policy Yuri Ushakov succinctly explained, Putin and Xi agreed to create an “independent financial structure for trade operations that could not be influenced by other countries.”

Diplomatic sources, off the record, confirmed the structure may be announced by a joint summit before the end of 2022.

This is a stunning game-changer in more ways than one. It had been extensively discussed in previous bilaterals and in preparations for BRICS summits – mostly centered on increasing the share of yuan and rubles in Russia-China settlements, bypassing the US dollar, and opening new stock market options for Russian and Chinese investors.

Now we’ve come to the crunch. And the catalyzing event was none other than US hawks floating the – financially nuclear – idea of expelling Russia from SWIFT, the messaging network used by 11,000+ banks in over 200 countries, as well as financial institutions, for rapid money transfers worldwide.

Cutting off Russia from SWIFT would be part of a harsh new sanctions package developed in response to an ‘invasion’ of Ukraine that will never happen – mainly because the only ones praying for it are professional NATO warmongers.

Profiting from a strategic blunder

Once again, an American strategic blunder offers the Russia-China self-described “comprehensive strategic partnership” the chance to advance their coordination..........read more.....