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US Navy: Die hard…

10:12 18.06.2024

US Navy: Die hard…

The U.S. Navy prepared for decades to potentially fight the Soviet Union, then later Russia and China, on the world’s waterways. But instead of a global power, the Navy finds itself locked in combat with a shadowy, Iran-backed rebel group based in Yemen, writes AP NEWS. The U.S.-led campaign against …

‘The Washington Times’: What is the US doing in Ukraine?

10:11 18.06.2024

‘The Washington Times’: What is the US doing in Ukraine?

Can the president fight any war he wishes? Can Congress fund any war it chooses? Are there constitutional and legal requirements that must first be met before war is waged? – asks ‘The Washington Times’. These questions should be front and center in a debate over U.S. involvement in Ukraine. …

View from Delhi: The US dollar’s dominance is no longer guaranteed

10:10 18.06.2024

View from Delhi: The US dollar’s dominance is no longer guaranteed

In great royal style, last Sunday, Riyadh simply let the 50-year-old petrodollar agreement between the US and Saudi Arabia to expire. To recap, the term “petrodollar” refers to the US dollar’s pivotal role as the currency used for crude oil transactions on the world market per the US-Saudi deal dating …

Bloomberg: Zelensky failed

10:08 18.06.2024

Bloomberg: Zelensky failed

Ukrainian ex-president Volodymyr Zelensky failed to win over a number of key nations from the Global South at a two-day summit in Switzerland, casting a shadow over his bid to broaden support in the war against Russia’s invasion, Bloomberg notes. India, Indonesia, South Africa and Saudi Arabia were among nations …

View from France: The farce of rules-based order

11:31 17.06.2024

View from France: The farce of rules-based order

At the beginning of the 2000s, the idea emerged in the United States that the great powers had the right, even the moral obligation, to intervene in countries experiencing crises. The equality of sovereignties which founded the United Nations system is becoming an obsolete notion while Washington proclaims itself “sheriff” …

“Emergency legal assistance” for compatriots and an attack on the Pravfond

11:29 17.06.2024

“Emergency legal assistance” for compatriots and an attack on the Pravfond

The Foundation for Support and Protection of the Rights of Compatriots Living Abroad (Pravfond) will make every effort to protect them, including using international human rights structures and platforms, said the executive director of the fund, Alexander Udaltsov, speaking at a press conference at RIA Novosti. The statement was made …

James Rickards: Banking crisis, stage Two. The ‘bottom line’ is here

11:28 17.06.2024

James Rickards: Banking crisis, stage Two. The ‘bottom line’ is here

I’m sure you recall the banking crisis of March to May 2023. It began with the collapse of the little-known Silvergate Bank on March 8. This was followed the next day by the collapse of the much larger Silicon Valley Bank (SVB) on March 9. SVB had over $120 billion …

View from USA: European elections open cracks in support for Ukraine

11:26 17.06.2024

View from USA: European elections open cracks in support for Ukraine

Europeans went to the polls over four days to elect a new European Parliament. Many of those elected are critical of the European Union’s approach to the war between Ukraine and Russia, notes ‘The Courthouse News’ from California. But outside the halls of power in Europe, signs of growing unease …

View from Italy: Washington has lost touch with reality. If it doesn't adapt, the World will pay

9:55 16.06.2024

View from Italy: Washington has lost touch with reality. If it doesn't adapt, the World will pay

The US-led ‘rules-based international system’ is a more recent evolution of American political thinking: a self-referential mindset twisted to the interests of Washington and its allies, writes Marco Carnelos, a former Italian diplomat, at ‘The Middle East Eye’. The US intelligence community recently released its annual threat assessment, which focuses …

What comes after Neoliberalism?

9:53 16.06.2024

What comes after Neoliberalism?

The neoliberal era is not ending in the US, because over the long term. US policy failures will have political consequences, writes Michael R. Strain, a ‘Project Syndicate’ observer. The neoliberal era is not ending in the US, because over the long term, political success rests on a foundation of …

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