Tag Archives: Chinese assistance to Iran

US Sanctions Continue to Backfire

In another slap in the face against US hegemony, China just opened up a $10 billion credit line for Iran. This means that, while the US Congress was forced to raise the debt ceiling again, this time way beyond the $20 trillion mark, the Eastern Alliance member countries are moving ahead with the massive Eurasian project known as the One Belt One Road revival of the ancient Silk Road. Continue reading US Sanctions Continue to Backfire