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IMF: Global public debt to hit $100 Trillion by end of 2024 11:50 17.10.2024

IMF: Global public debt to hit $100 Trillion by end of 2024

Global public debt is set to reach $100 trillion, or 93% of global gross domestic product, by the end of this year, driven by the US and China, according to new analysis by the International Monetary Fund, Bloomberg informs. In its latest Fiscal Monitor — an overview of global public …
Bloomberg: Russia pitches BRICS payment system aiming to break US dominance 11:57 16.10.2024

Bloomberg: Russia pitches BRICS payment system aiming to break US dominance

Russia is proposing changes to cross-border payments conducted among BRICS countries aimed at circumventing the global financial system, as the heavily penalized country seeks to sanctions-proof its own economy, Bloomberg writes. The alternatives include developing a network of commercial banks that can conduct such transactions in local currencies as well …
Emmanuel Todd: NATO will disintegrate when Ukraine loses 11:55 16.10.2024

Emmanuel Todd: NATO will disintegrate when Ukraine loses

NATO will “disintegrate” if Ukraine loses its war with Russia, according to the French historian and public intellectual Emmanuel Todd, ‘UnHerd’ reports. Speaking to Italian newspaper ‘Corriere di Bologna’, Todd claimed that “if Russia is defeated in Ukraine, European submission to the Americans will last for a century”, but that …
Former Polish General staff chief: Planning for after Ukraine’s defeat 11:54 16.10.2024

Former Polish General staff chief: Planning for after Ukraine’s defeat

Amid mounting Ukrainian frontline losses in Kursk and the Donbas region, and growing questions regarding the Western world’s continued willingness to sustain the functioning of the Ukrainian state with tens of billions of dollars of aid, former Polish chief of the General Staff Rajmund Andrzejczak has projected a possible future …
King Charles is not welcomed in Australia? 11:52 16.10.2024

King Charles is not welcomed in Australia?

Charles and Camilla’s high profile visit, has reignited debate over the monarchy’s future role Down Under, writes ‘The Independent’. The King’s historic first visit to Australia as its head of state has been branded “The Farewell Oz Tour” by republicans. Charles and the Queen are preparing to head Down Under …
Russian Defence Minister Andrei Belousov in China 11:17 15.10.2024

Russian Defence Minister Andrei Belousov in China

Russian Defence Minister Andrei Belousov arrived at the capital of the People's Republic of China Beijing on Monday on an official visit. During the visit, the Russian Defence Minister is to hold a series of talks with the country's military and military-political leadership. The mission of the Central Military Commission …
New Anti-Russia, Anti-China Coalition Forming in the Arctic? 11:15 15.10.2024 Vladimir Petrovsky

New Anti-Russia, Anti-China Coalition Forming in the Arctic?

It looks like an anti-Russia and anti-China coalition is forming in the Arctic. As Bloomberg reports, Canada and countries of Northern Europe are working on the creation of an alliance whose purpose will be to “counteract the activity of Russia and China in the Arctic”. This is nothing less than …
Britain faces demands to pay astonishing £200bn in reparations over UK's role in the slave trade 11:13 15.10.2024

Britain faces demands to pay astonishing £200bn in reparations over UK's role in the slave trade

King Charles and Sir Keir Starmer are set to face demands for the UK to pay an astonishing £200 billion in compensation for its role in the slave trade when they attend a Commonwealth summit later this month, ‘The Daily Mail’ informs. A group of 15 Caribbean governments has unanimously …
View from Delhi: Afghanistan’s isolation is crumbling 11:12 15.10.2024

View from Delhi: Afghanistan’s isolation is crumbling

The third anniversary of Taliban rule in Afghanistan passed by, as the diplomatic track became lively against the backdrop of wars in Ukraine and West Asia, with Washington on the lookout for pressure points against Russia and Iran. To be sure, the Taliban regime has come to stay, writes M.K. …
Europe tells Ukraine: “Help yourself, guys…” 11:09 15.10.2024

Europe tells Ukraine: “Help yourself, guys…”

A recent decision by the European Union to contribute some $440 million to Ukraine’s resurgent arms industry marks a significant shift in the bloc’s approach the war, but also highlights the E.U. defense sector’s shortcomings in producing weapons and ammunition, writes ‘The Washington Post’. While Europe, and of course the …
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