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The Economic Collapse Blog: 11 signs that the U.S. economy is in far worse shape than most people think

9:41 04.07.2024

The Economic Collapse Blog: 11 signs that the U.S. economy is in far worse shape than most people think

Just this week we have received quite a bit of very troubling news, and the outlook for the months ahead is very bleak. The following are 11 signs that the U.S. economy is in far worse shape than most people think, writes Michael Snyder, a nationally syndicated writer, media personality …

USA policy: A complex of superiority or a lack of diplomatic education?

9:40 04.07.2024

USA policy: A complex of superiority or a lack of diplomatic education?

An undercurrent of America's diplomatic high-handedness with India causes misgivings and affects trust-building, writes Kanwal Sibal, ex-Foreign Secretary of India, Ambassador to Turkey, Egypt, France and Russia, and Deputy Chief Of Mission in Washington. In releasing the State Department's 2023 International Religious Freedom report recently, US Secretary of State Anto...

View from Washington: Ukraine war will end in surrender. There will not be negotiations with Zelensky

11:47 03.07.2024

View from Washington: Ukraine war will end in surrender. There will not be negotiations with Zelensky

The Ukraine war will end in a surrender, not in a negotiated deal. That is my sense of where the war is headed and why the parties cannot negotiate a settlement, writes Stephen Bryen, a former US Deputy Under Secretary of Defense. The latest wrinkle in the missing negotiating saga …

Israel vows to return Lebanon to ‘Stone Age’: “We have the ability to use a Doomsday Weapon”

11:45 03.07.2024

Israel vows to return Lebanon to ‘Stone Age’: “We have the ability to use a Doomsday Weapon”

Defense Minister Yoav Gallant said Israel was prepared to send Lebanon back to the “Stone Age” with a massive bombing campaign. The White House desperately tries to avert a major war in the Middle East but is not making progress. After three days of meetings with top officials in Washington, …

Trump's double victory in the U.S. Supreme Court

11:32 03.07.2024

Trump's double victory in the U.S. Supreme Court

Supreme Court affirms absolute immunity for official acts in Trump case, renders Jan. 6 trial before election unlikely. Supreme Court rules in favor of Jan. 6 Capitol riot participant who challenged obstruction conviction. The challenge was brought by Joseph Fischer, one of more than 300 people charged with obstruction by …

Euro zone factory activity decline deepens in June

11:31 03.07.2024

Euro zone factory activity decline deepens in June

Manufacturing activity across the euro zone took a turn for the worse last month as demand fell at a much faster pace despite factories cutting their prices, a survey showed. HCOB's final euro zone manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, fell to 45.8 in June from May's …

Southeast Asia has its reasons for pivoting to BRICS

12:47 02.07.2024

Southeast Asia has its reasons for pivoting to BRICS

Yes, Southeast Asia has its reasons for pivoting to BRICS. ASEAN countries are lured by access to financing and a political movement independent of Washington’s influence, writes ‘The Asia Times’. Thailand becomes the first Southeast Asian country to apply for BRICS, that shocks U.S. In recent days, Malaysia detailed its …

Hungary’s Orban forms EU Alliance. Perhaps this is the shadow of Austria-Hungary?

12:46 02.07.2024

Hungary’s Orban forms EU Alliance. Perhaps this is the shadow of Austria-Hungary?

New political group seeks to become largest on EU’s right. Hungarian Prime Minister Viktor Orban announced the formation of a political group with nationalist forces in Austria and the Czech Republic, seeking to break out of his isolation within the European Union and lure right-wing groups looking to build on …

View from London: Ukraine has a month to avoid default

12:44 02.07.2024

View from London: Ukraine has a month to avoid default

The problem is that Ukraine faces a cash crunch — and soon. War is still exacting a heavy toll on Ukraine’s economy. The country’s GDP is a quarter smaller than on the eve of Russian special military operation, the central bank is tearing through foreign reserves and Russia’s recent attacks …

‘Foreign Policy’: The end of American exceptionalism in the ‘High North’

12:42 02.07.2024

‘Foreign Policy’: The end of American exceptionalism in the ‘High North’

The American magazine “Foreign Policy” expresses great concern that the United States critically lags behind in the Arctic development. The question is simple - it seems, they already understand in Washington, that the situation needs to be corrected, but does America have the strength and means to catch up with …

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