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MAIN PAGE > euro
Walking on thin ice – Eurozone crisis knocking at the door. Again 10:34 04.07.2023 Andrey Kadomtsev

Walking on thin ice – Eurozone crisis knocking at the door. Again

The recession in the Eurozone continues for the second quarter in a row now. Even though the decline in terms of economic dynamics remains small – just about 0.1 percent of GDP, realistically minded experts believe this is the beginning of hard times waiting ahead. With foreign holders dumping the …
EU wants less dependence on US dollar 11:23 29.01.2021 Andrey Kadomtsev

EU wants less dependence on US dollar

On January 19 the European Commission released a preliminary plan which is designed to reduce the European Union’s dependence on the US dollar. In addition, the plan signals an intention to protect European companies from Washington-imposed extraterritorial sanctions. As a long-term strategy, it states an intention to “considerably” increase the …
Following the unknown route: the world in searching of dollar substitute 9:23 02.09.2020 Andrey Kadomtsev

Following the unknown route: the world in searching of dollar substitute

The ongoing escalation of trade wars and competition among the world’s top economies makes it imperative to consider institutionalizing several currency zones to form a sort of currency “multipolarity”.The forthcoming “currency multipolarity” became the subject of disputes in the 1990s, after the launch of a project to create a EU …
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  • Senate passes deal to reopen U.S. Government – Time in Shutdown: 41 days, 7 hours, 54 minutes!

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  • Sergey Lavrov: “We know what the Americans have, and the Americans know what they have. Let’s take a year to, so to speak, cool down, analyse the situation, stop measuring everything by the Ukraine yardstick, and focus on the great powers’ responsibility to maintain global security and stability, above all, in terms of avoiding nuclear war. We are ready for that”

    2:05 12.11.2025Sergey Lavrov: “We know what the Americans have, and the Americans know what they have. Let’s take a year to, so to speak, cool down, analyse the situation, stop measuring everything by the Ukraine yardstick, and focus on the great powers’ responsibility to maintain global security and stability, above all, in terms of avoiding nuclear war. We are ready for that”

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