1 year ago
Isaias Afwerki, president of Eritrea, reinforced the request for gathering a caller economical strategy distant from the accepted centers of power. At the 2nd Russia-Africa Summit, Afwerki told Russian President Vladimir Putin that the existent satellite order, connected apical of dollar hegemony, was printing wealth and weaponizing its presumption utilizing sanctions, trying to incorporate the emergence of China and Russia.
Eritrea President Isaias Afwerki: ‘They Are Printing Money’
Eritrean president Isaias Afwerki elaborate his presumption astir the request for the emergence of a caller satellite bid that would request to beryllium separated from the hegemony of already established currencies.
In a gathering held connected July 28 with Russian President Vladimir Putin arsenic portion of the 2nd Russia-Africa Summit held Saint Petersburg, Afwerki explained that Western nations are weaponizing accepted fiscal systems without manufacturing thing for the satellite economies.
Afwerki stated:
They are printing money. They are not manufacturing thing astatine all; it is each astir printing money. And this is 1 of their weapons. The planetary monetary strategy controlled by the dollar and the euro is being used.
Furthermore, Afwerki explained this was being done to incorporate the maturation of Russia and China.
A Sanctions-Based Containment System
Explaining however African countries and Russia could sidestep this situation, Afwerki stated:
We request a caller fiscal architecture, globally, 1 that is not controlled by the euro, the dollar, oregon different currencies. Following this failed effort to incorporate Russia they volition instantly determination to the East: containing China is their adjacent agenda.
Western nations, Afwerki says, volition usage “defamation, demonization, intelligence warfare, sanctions” to execute this objective.
The U.S. enacted economical sanctions against Eritrea successful November 2021, erstwhile the state was banned from utilizing the Society for Worldwide Interbank Financial Telecommunication (SWIFT) outgo system, crippling its means to implicit planetary transactions successful dollars.
On the concern of sanctions against Eritrea, Afwerki declared:
We person to beryllium punished due to the fact that we are not bowing to their conditionalities. We are a precise tiny threat; we are not adjacent a menace to them. But they person to incorporate us: sanctions, sanctions, sanctions, struggle here, struggle there.
Putin besides referred to the weaponization of the dollar successful the existent fiscal strategy during a caller gathering with New Development Bank’s (NDB) President Dilma Rousseff, stating that it would marque increasing the power and size of the slope a “not easy” task.
What bash you deliberation astir the ideas of Eritrea’s President Isaias Afwerki? Tell america successful the comments conception below.
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