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A roller-coaster for the American currency 11:36 17.07.2024

A roller-coaster for the American currency

Yellen’s de-dollarization fears will only get worse. She’s no longer in denial, but her tenure could be remembered for the momentum shift against the US currency, writes ‘The Asia Times’. In the middle of an otherwise mundane Congressional hearing on July 9, US Treasury Secretary Janet Yellen made an extraordinary …
FT: France and Britain are changing places in Europe 11:35 17.07.2024

FT: France and Britain are changing places in Europe

Britain and France are sitting on opposite ends of a political see-saw, notes ‘The Financial Times’. Three days after the UK elected a pragmatic, centrist government with a huge majority, France went to the opposite extreme. Sunday’s legislative elections have produced a deadlocked parliament, with both the far right and …
German industry has taken a permanent hit, estimated 7% shortfall is half cyclical and half structural 11:34 17.07.2024

German industry has taken a permanent hit, estimated 7% shortfall is half cyclical and half structural

Mittel-kaput? Germany’s industry won’t be able to fully shake off the impact from its downturn of the past years, according to research by Bloomberg Economics. While expectations are high for a rebound from the hit of the pandemic and the recent energy crisis, Thursday’s analysis now suggests that half of …
«We were the judges». A Czech mercenary fighting on the side of Ukrainian Armed Forces acknowledges killing people in Bucha 11:55 16.07.2024

«We were the judges». A Czech mercenary fighting on the side of Ukrainian Armed Forces acknowledges killing people in Bucha

Czech militant Filipp Siman, who is on trial in the Czech Republic for fighting as a mercenary on the side of Ukrainian Armed Forces, has acknowledged killing people in Bucha. A statement to this effect quoting Czech media was made by fugitive Ukrainian blogger Anatoly Shariy. Execution squad Siman arrived …
View from USA: Three phases of the Ukrainian war – from Euphoria to Despair 11:42 16.07.2024

View from USA: Three phases of the Ukrainian war – from Euphoria to Despair

As the tables turned in favor of Russia, NATO is running out of options. NATO’s war against Russia is progressing through three distinct phases: Euphoria, Apprehension, and Despair, notes ‘The American Thinker’. Phase I. Euphoria The Russian special military operation in Ukraine, started on February 24, 2022, caused a sense …
Pepe Escobar: A declaration of NATO war against Eurasia 11:37 16.07.2024

Pepe Escobar: A declaration of NATO war against Eurasia

“We are the world. We are the people. We are NATO. And we’re comin’ to get ya…” – wherever you are, whether you want it or not. Call it the latest pop iteration of the “rules-based international order” – duly christened at NATO’s 75th birthday in D.C., writes Pepe Escobar, …
Newsweek: “Europe is… leaderless” 11:35 16.07.2024

Newsweek: “Europe is… leaderless”

Is there any head-of-state in Europe who can actually claim a leadership role on the continent? – ‘Newsweek’ puts a question. France, Germany, and the United Kingdom, commonly viewed as Europe's three biggest powers, are all in the midst of various degrees of political dysfunction, economic malaise, and broader disenchantment …
A scandal in Japan: More than 200 defence officials punished for mishandling classified data 11:34 16.07.2024

A scandal in Japan: More than 200 defence officials punished for mishandling classified data

Japan’s defence ministry and forces are under scrutiny over allegations members of the navy violated the sensitive information protection law, falsely claimed allowances for special assignments, and wrongfully claimed free meals at base cafeterias. Of the 218 people disciplined, 11 senior officials were dismissed, two were demoted, dozens suspended and …
Ukraine at a crossroads: End the war now or Risk of decisive military defeat 11:10 15.07.2024

Ukraine at a crossroads: End the war now or Risk of decisive military defeat

Ukraine has a very narrow window to turn the momentum of the war in its favor. Even then, the Russians are still holding most of the cards, writes ‘The National Interest’. There is no path, however well-resourced, by which Ukraine can inflict an outright military defeat on Russia in the …
View from USA: Russian officials vow response to US missile deployment to Germany 11:09 15.07.2024

View from USA: Russian officials vow response to US missile deployment to Germany

Officials across the Russian government reacted strongly to the news that the US is deploying previously banned missiles that could hit Russian territory, writes Dave DeCamp, an international observer of the Randolph Bourne Institute. On Thursday, Russian officials reacted strongly and vowed to respond to the US announcing that it …
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