Mit

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Mit

Mit

@Mitsecode

Knowledge and Creativity. ENTP-T. Former @QUT student. U7 🇮🇷 mt dna. Life is a Bayesian equation. Ergodcity. Invent or Invest!

Beigetreten Ocak 2012
374 Folgt550 Follower
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Headquarters
Headquarters@HQNewsNow·
Trump's followers on Truth Social are extremely upset about his attacks on Candace Owens, Megyn Kelly, Alex Jones, and Tucker Carlson.
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Katie
Katie@KazooKatherine·
@RealCandaceO He said, “MAGA agrees with me, and just gave CNN a 100% Approval Rating of “TRUMP” then went on to say “Fake News CNN” in the same post. So, which one is it? 🤔
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Israel Exposed
Israel Exposed@xIsraelExposedx·
@RealCandaceO Chief commanding pedophile. Leader of the Epstein coalition.
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Candace Owens
Candace Owens@RealCandaceO·
It may be time to put Grandpa up in a home.
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ساسان
ساسان@eghtesadnia·
Iranian resilience is unmatched.
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ساسان
ساسان@eghtesadnia·
While Iran hasn’t confirmed any official lineup for the peace talks… The Americans have already set their sights on meeting Mohammad Bagher Ghalibaf and Dr. Araghchi in Islamabad…
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Stew Peters
Stew Peters@realstewpeters·
SPECIAL FORCES VET: “I spent 27 years in special operations and I’m sick of it. Me and all of my buddies are FUCK ISRAEL.” More of this. The tide is turning.
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ساسان
ساسان@eghtesadnia·
Came across pictures of the time the late Ali Larijani was in the cockpit with Captain Ghalibaf 🥹
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ساسان
ساسان@eghtesadnia·
Two Iranian planes (IRAN04 and IRAN05) operated by Meraj Airlines are heading towards Pakistan… likely Iran’s negotiating team… Likely Mohamed Bagher Ghalibaf and Dr. Araghchi decided to go via separate planes for security purposes…
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*Walter Bloomberg
*Walter Bloomberg@DeItaone·
US LIKELY TO APPROVE EXTENSION OF WAIVER ALLOWING SALES OF SOME RUSSIAN CRUDE OIL AS EARLY AS FRIDAY, SOURCES SAY
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MENA Unleashed
MENA Unleashed@MENAUnleashed·
Iran's parliament demanding rial-denominated Hormuz tolls is being read as dedollarisation. It is not. It is a regime trying to back a collapsing currency with the only asset it has left, a chokepoint. The Russia parallel shows exactly why this matters and exactly where it breaks down. When Moscow demanded ruble payments for gas in 2022, European buyers did not actually buy rubles directly. They deposited euros and dollars into Gazprombank accounts, which then converted the foreign currency into rubles on the Moscow exchange. The ruble bounced to pre-war levels and briefly became the world's best-performing currency. The mechanism worked for a period because Russia ran a massive trade surplus and europe had no short-term alternative. But it was never real currency demand. It was forced conversion through a single institutional channel. By late 2022 the ruble had fallen 40% against the dollar as export volumes dropped and pricing discounts widened. By November 2024, after Gazprombank was sanctioned, it lost 10% in two days. India, which bought Russian oil at a discount, paid in rupees, which left Moscow accumulating rupees it could not easily spend. Saudi Arabia paid in dollars throughout. The smaller importers used whatever third-party currency worked, mostly yuan and rupees, generating indirect ruble support but no structural backing. The ruble ended up weaker than before the war began. Iran is running a version of the same move but with a different underlying logic. The rial has been in freefall. There is no meaningful gold reserve. Oil revenues have been disrupted by the war. The currency has lost its backing. What Tehran is now doing is replacing that lost backing with toll income from the strait. Not oil. Geography. The currency peg logic is straightforward. The Saudi riyal's stability is structurally tied to dollar-denominated oil exports. The rial, if this holds, becomes structurally tied to strait access revenues. The chokepoint becomes the reserve asset. This is what is actually being built. The immediate problem is that Iran cannot accept dollars. Sanctioned. So payment must come in yuan, rupees, or other non-sanctioned currencies. That means the yuan becomes the de facto settlement currency for Hormuz tolls even if Tehran never says so publicly. China has the highest convertibility among currencies available to Iran, and Chinese shipping carries a significant share of the volume passing through the strait. The yuan dependency is structural whether or not it is acknowledged. The bitcoin option was a direct response to that problem. Settling at $1 per barrel in crypto bypasses both the dollar and the yuan. It gives Iran revenue it controls, that cannot be frozen, that is not denominated in a currency tied to a single bilateral relationship with Beijing. The fact that this option was floated and then sidelined is significant. It tells you that Iran explored an exit from yuan dependence and pulled back, probably because the operational and sanctions exposure risks were too high for the ceasefire period. So what is left is a rial backed by chokepoint revenues, settled in currencies Iran can access but does not fully trust, with a crypto alternative kept in reserve. This is not a new financial architecture for the region. It is a sanctioned economy trying to find solid ground under a currency that has none. The structural fragility does not disappear. It just gets tethered to a new location.
Consulate General of the I.R. Iran in Mumbai@IRANinMumbai

Head of Iran’s Parliament National Security Commission: Under a parliamentary proposal, transit fees through the Strait of Hormuz would be paid in Iran’s national currency, the #rial. #Iran #Hormuz #StraitOfHormuz

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ian bremmer
ian bremmer@ianbremmer·
only 12% of europeans polled across six countries see the united states as a close ally. 36% see it as a threat.
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İyad el-Baghdadi | إياد البغدادي
Israel knows this, and it aligns perfectly with its strategic worldview. Publicly, it frames the war as "liberation" and calls Iranians to "rise up", but the truth is, Israel doesn't care about them. Its real aim is to accelerate chaos and block any strong, unified successor.
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