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Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.
Sheikh Qassem: The government’s latest decision [on the disarmament of the Resistance] is non-charter-based, and if the government continues down this path, it is not faithful to Lebanon’s sovereignty.

Russia overcomes US pressure, returns to yuan surplus: Report

  • By Al Mayadeen English
  • Source: Bloomberg
  • 30 Jan 2025 15:10
2 Min Read

Russia stabilizes yuan liquidity, overcoming sanctions pressure through alternative payment channels and strategic currency purchases.

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  • In this June 10, 2019, file photo, a man walks past a money exchange shop decorated with different banknotes at Central, a business district of Hong Kong. (AP)
    In this June 10, 2019, file photo, a man walks past a money exchange shop decorated with different banknotes at Central, a business district of Hong Kong. (AP)

Russia has seemingly resolved its yuan shortage, which previously drove short-term borrowing costs to extreme levels after US threats to sanction banks facilitating cross-border payments, Bloomberg reported.

Since its exclusion from Western markets after the onset of the Ukraine war, Russia has increasingly depended on China as its primary trading partner. However, concerns over secondary sanctions briefly disrupted Moscow’s transition to the Chinese currency, driving the overnight yuan borrowing rate, Rusfar, to a staggering 200% in September.

Now, that gauge has dropped below zero, signaling a return to surplus as Russia finds alternative payment channels to navigate the sanctions.

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"Russia’s yuan money market has recovered, which suggests that Russians have discovered reliable workarounds to bring yuan rates down,” said Alex Isakov, an economist at Bloomberg Economics.

He pointed to the spread between Rusfar and onshore yuan rates as an indicator of the sanctions’ impact since the local benchmark was introduced in 2023.

State-owned VTB Bank PJSC, which operates a branch in Shanghai, addressed its liquidity challenges by purchasing foreign currency from exporters with a "certain margin", according to the bank’s chief, Andrey Kostin.

Read more: De-dollarization: Slowly but surely

  • United States
  • US pressure
  • Russia
  • Yuan
  • China
  • Ukraine war
  • Yuan shortage
Russia & NATO

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As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

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  • 19 Aug 2025
Almost instantly after the Helsinki Accords were signed, organisations sprouted to document purported violations, whose findings were fed to overseas embassies for international amplification. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

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