"This regime should not expect an easy ride from this administration or from the US Congress. The American commitment to Iran's people in their quest to be free remains unfaltering. When there is an internal regime change, and a government comes to power that renounces its revolutionary aims and terrorism, the United States will be the first in line to engage it."However, approached about her speech by reporters with the Institute for Responsible Statecraft and the Daily Beast, Flournoy's consulting firm WestExec Advisors attempted to distance her from the event's sponsor, the National Council of Resistance of Iran. The council serves as the diplomatic branch of the Mujahedin-e-Khalq (MEK), an Iranian dissident group previously on the US terrorism blacklist due to alleged involvement in a string of bombings and assassinations between 1979 and 2000.
Russia has eliminated US currency from its National Wealth Fund while boosting the share of the euro, the Chinese yuan and gold, the country's Finance Ministry announced on Tuesday. British pound was lowered to 5% and the share of non-cash gold is 20.2%."These conversion operations were carried out with the funds of the NWF in foreign currency placed in accounts with the Bank of Russia as of July 1, 2021, as well as with federal budget funds in foreign currency in the equivalent of 31.6 billion rubles, credited to the Fund on July 2 this year in order to form it in accordance with the legislation of the Russian Federation."The ministry indicated that the yuan and the euro are seen as an alternative to the dollar "as the currencies of Russia's leading foreign economic partners," while gold is viewed as "an asset capable of protecting the NWF's investments from inflationary risks."
The Finance Ministry explained that its latest steps were aimed"at ensuring the safety of the NWF funds in the context of macroeconomic and geopolitical trends of recent years, and decisions aimed at "de-dollarization" of the Russian economy."The ministry's action mirrors a similar move made recently by Russia's central bank in order to reduce assets held in US currency.
Pankin said that US sanctions and unpredictable economic policy "call into question the reliability and convenience of using the American currency as the priority currency of deals." As a result, the minister said, countries were now being "forced to take measures against the risk of economic losses and disrupted transactions," while using other currencies in trade is becoming increasingly convenient on the international agenda.
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