Over the past two years, Qatar has conducted over $86 billion worth of transactions in Chinese yuan. In collaboration with Iran, they’re also working on deals to sell gas in euros. If Iran and Qatar continue down this path, the US hegemony over the world’s financial markets come under direct attack. Does this perhaps explain the sudden by US ally Saudi Arabia to institute sanctions against Qatar?
Late last week, Saudi Arabia and other members of the Gulf Cooperation Council (GCC) that are involved in attempting to isolate Qatar sent the tiny Gulf nation a list of 13 demands. They are insisting that Qatar meet these demands within ten days or face unspecified further action.
The list of demands includes Qatar shutting down Al-Jazeera and its affiliate stations; shutting down other news outlets that Qatar funds, including Middle East Eye; curbing diplomatic ties with Iran and expelling members of Iran’s Revolutionary Guard; terminating the Turkish military presence in Qatar; consenting to monthly audits for the first year following acceptance of the demands, and aligning itself entirely with the other Gulf and Arab countries militarily, politically, socially, and economically – to name but a few.
The most ludicrous of the demands is that Qatar must end its interference in sovereign countries’ internal affairs. Qatar does interfere…
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