๐ฐ ๐บ๐ธ ๐ต The US Dollar now represents ~46% of global FX and gold reserves, the lowest in at least 26 years.
This percentage has declined -15 points since 2017.
Excluding gold, the US Dollar makes up 57% of global reserve currencies, the lowest since 1994, according to IMF data.
This comes as central banks have aggressively accumulated gold and diversified into other currencies.
The last time the US Dollar fell below 50% of global reserves was in 1990-1991, a period marked by elevated inflation, a recession, and a crisis of confidence in the US economy.
๐ KobeissiLetter
This percentage has declined -15 points since 2017.
Excluding gold, the US Dollar makes up 57% of global reserve currencies, the lowest since 1994, according to IMF data.
This comes as central banks have aggressively accumulated gold and diversified into other currencies.
The last time the US Dollar fell below 50% of global reserves was in 1990-1991, a period marked by elevated inflation, a recession, and a crisis of confidence in the US economy.
๐ KobeissiLetter
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Trump:
We win, regardless what happens, we win.
Letโs see what happens. Maybe they will make a deal, maybe they wonโt. It doesnโt matter.
From the standpoint of America, we win.
We win, regardless what happens, we win.
Letโs see what happens. Maybe they will make a deal, maybe they wonโt. It doesnโt matter.
From the standpoint of America, we win.
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Trump:
We are in very deep negotiations with Iran. We win regardless.
We are in very deep negotiations with Iran. We win regardless.
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Trump on China sending weapons to Iran:
If China does that, China is going to have big problems.
If China does that, China is going to have big problems.
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Reporter: Iran is not listening to your threats about reopening the Strait of Hormuz.
Trump: How do you know that?
Reporter: Because itโs still blocked.
Trump: Why do you say that? You donโt know anything. Who are you with?
Reporter: NBC News.
Trump: NBC? Thatโs fake news.
Trump: How do you know that?
Reporter: Because itโs still blocked.
Trump: Why do you say that? You donโt know anything. Who are you with?
Reporter: NBC News.
Trump: NBC? Thatโs fake news.
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โ๏ธAirstrikes in the town of Qana near the municipality formed a fire belt that destroyed a number of homes
Massive other airstrikes all around
Massive other airstrikes all around
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โ๏ธFootage from the site of the airstrike in the town of Qana
It is possibly a new mass casualty event.
1996, 2006, 2024 and this year. Possibly the 4th Qana Massacre
It is possibly a new mass casualty event.
1996, 2006, 2024 and this year. Possibly the 4th Qana Massacre
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โ๏ธU.S. Vice President JD Vance has said that no deal was made during the 21+ hours of negotiations...
...saying โwe could just not get to a situation where the Iranians were willing to accept our terms.โ
He restated that the Iranians were unwilling to shift left or right on key U.S. demands, including their nuclear program.
...saying โwe could just not get to a situation where the Iranians were willing to accept our terms.โ
He restated that the Iranians were unwilling to shift left or right on key U.S. demands, including their nuclear program.
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Iran Foreign ministry spokesperson @IRIMFA_SPOX issued the following :
Diplomacy, for us, is a continuation of the sacred struggle of those who defend the land of Iran. We have not forgottenโand will not forgetโthe experience of U.S. breaches of trust and ill intent. Just as we will not forgive the heinous crimes committed by them and the Zionist regime during the second and third imposed wars.
Today was a long and demanding day for the delegation of the Islamic Republic of Iran in Islamabad. Intensive negotiations, which began on Saturday morning with Pakistanโs good offices and mediation, have continued uninterrupted until now, with numerous messages and draft texts exchanged between the two sides. Iranian negotiators are employing all their capabilities, experience, and knowledge to safeguard Iranโs rights and interests. The heavy loss of our leaders, loved ones, and compatriots has only strengthened our resolve to pursue the interests and rights of the Iranian people.
Diplomacy, for us, is a continuation of the sacred struggle of those who defend the land of Iran. We have not forgottenโand will not forgetโthe experience of U.S. breaches of trust and ill intent. Just as we will not forgive the heinous crimes committed by them and the Zionist regime during the second and third imposed wars.
Today was a long and demanding day for the delegation of the Islamic Republic of Iran in Islamabad. Intensive negotiations, which began on Saturday morning with Pakistanโs good offices and mediation, have continued uninterrupted until now, with numerous messages and draft texts exchanged between the two sides. Iranian negotiators are employing all their capabilities, experience, and knowledge to safeguard Iranโs rights and interests. The heavy loss of our leaders, loved ones, and compatriots has only strengthened our resolve to pursue the interests and rights of the Iranian people.
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Nothing can or should deter us from fulfilling our great historic mission toward our beloved homeland and the noble Iranian civilization. The Islamic Republic of Iran is determined to use all tools, including diplomacy, to secure national interests and protect the countryโs welfare.
Over the past 24 hours, discussions have covered various dimensions of the core issues under negotiation, including the Strait of Hormuz, the nuclear file, war reparations, sanctions relief, and a complete end to the war against Iran and in the region.
The success of this diplomatic process depends on the seriousness and good faith of the other side, refraining from excessive demands and unlawful conditions, and recognizing Iranโs legitimate rights and interests.
We express our appreciation to the government and the warm and honorable people of the Islamic Republic of Pakistan for hosting the talks and for their good offices in advancing this process.
Over the past 24 hours, discussions have covered various dimensions of the core issues under negotiation, including the Strait of Hormuz, the nuclear file, war reparations, sanctions relief, and a complete end to the war against Iran and in the region.
The success of this diplomatic process depends on the seriousness and good faith of the other side, refraining from excessive demands and unlawful conditions, and recognizing Iranโs legitimate rights and interests.
We express our appreciation to the government and the warm and honorable people of the Islamic Republic of Pakistan for hosting the talks and for their good offices in advancing this process.
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โโ๏ธ๐บ๐ธ/๐ฎ๐ท/๐ต๐ฐ NEW: J.D. Vance leaves Islamabad
IRIB: โThe American enemy, which is vile, wicked and dishonest โ attempted to achieve on the negotiating table what it could not achieve through war.
Among these demands are handing over enriched uranium and opening the Strait of Hormuz without confirmed Iranian sovereignty over it.
Iran has decided to reject these terms and continue the sacred defense of its fatherland by any means necessary, military or diplomatic.โ
@Middle_East_Spectator
IRIB: โThe American enemy, which is vile, wicked and dishonest โ attempted to achieve on the negotiating table what it could not achieve through war.
Among these demands are handing over enriched uranium and opening the Strait of Hormuz without confirmed Iranian sovereignty over it.
Iran has decided to reject these terms and continue the sacred defense of its fatherland by any means necessary, military or diplomatic.โ
@Middle_East_Spectator
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โโ๏ธ๐บ๐ธ/๐ต๐ฐ/๐ฎ๐ท NEW: According to another informed source, one of the issues was Americaโs unwillingness to compel Israel to an immediate ceasefire in Lebanon
The U.S. merely convinced Israel to stop strikes in Beirut while โgradually expandingโ to include southern Lebanon and the rest of the country. Iran did not agree to this.
@Middle_East_Spectator
The U.S. merely convinced Israel to stop strikes in Beirut while โgradually expandingโ to include southern Lebanon and the rest of the country. Iran did not agree to this.
@Middle_East_Spectator
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โโ๏ธ๐บ๐ธ/๐ฎ๐ท/๐ต๐ฐ Professor Marandi, member of the Iranian delegation: โObviously, the Trump regime wasnโt seriously negotiatingโ
@Middle_East_Spectator
@Middle_East_Spectator
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Middle East Spectator โ MES
โIran has decided to reject our demandsโ โ J.D. Vance
This here is exactly the problem with America. They demand, they impose, they enforce. They do not โnegotiateโ. They are not a good faith actor.
Iran wonโt accept bullying. It will fight the Zionist-American alliance for another 10 years if it has to.
This here is exactly the problem with America. They demand, they impose, they enforce. They do not โnegotiateโ. They are not a good faith actor.
Iran wonโt accept bullying. It will fight the Zionist-American alliance for another 10 years if it has to.
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๐ฅ๐บ๐ธ๐ต๐ฐ - The American delegation led by Vance is departing the Serena Hotel in Islamabad for Nur Khan airbase to fly back to U.S.
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โโ๏ธ๐บ๐ธ/๐ฎ๐ท President Trump: โIran doesnโt hold the cardsโ
President Trump: โA massive American fleet is headed to Iranโ
@Middle_East_Spectator
President Trump: โA massive American fleet is headed to Iranโ
@Middle_East_Spectator
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