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Liz Truss resigns as prime minister

16:19 20.10.2022

Liz Truss resigns as prime minister

Liz Truss has resigned as prime minister after just 45 days in office. The announcement, made by Truss outside Downing Street, follows the near-complete evaporation of her political authority which has seen her crash the markets, lose two key ministers and shed the confidence of almost all her own MPs. …

The growing “de-dollarization” in Asia – crucial cause for US to keep Europe in the dollar camp

11:47 20.10.2022

The growing “de-dollarization” in Asia – crucial cause for US to keep Europe in the dollar camp

The war in Ukraine will ultimately end, but the US has gotten its way for now – Europe is largely cut off from Russian energy. At the same time the US dollar as the global reserve currency has reached its past-due date, - writes “Asia Times”. The last four US …

POLITICO: “France plays bad cop as Transatlantic trade tensions ramp up”

11:46 20.10.2022

POLITICO: “France plays bad cop as Transatlantic trade tensions ramp up”

President Emmanuel Macron is accusing Washington of protectionism and is threatening to up the EU’s defenses. It is “hardly contestable” that the U.S. had some economic benefits from the war in Ukraine and suffered less than Europe from its economic consequences, said Bernard Spitz, head of international and European affairs …

POLITICO: “The global economy is in chaos. The worst is yet to come”

11:15 19.10.2022

POLITICO: “The global economy is in chaos. The worst is yet to come”

The global turmoil provides the latest test of U.S. influence over international affairs, after the Biden administration sought to re-engage with the world in the post-Trump era, - writes POLITICO. A sense of dread surrounded meetings of finance ministers and central bankers in Washington, amid one of the most foreboding …

Is Autocracy Really America's Enemy?

11:13 19.10.2022

Is Autocracy Really America's Enemy?

Are autocracy and democracy in a climactic ideological crusade to determine the destiny of mankind? But is this truly the world struggle America is in today? Is this the great challenge and threat to the United States? For if that is the future, it is surely not America's past, - …

US Special operations forces are on the ground in Ukraine

11:22 18.10.2022

US Special operations forces are on the ground in Ukraine

US special operations forces are on the ground in Ukraine as part of a broad covert operation that includes CIA personnel, “The Intercept” reported, citing unnamed US intelligence and military officials.The report said that the US withdrew its CIA and special operations assets from Ukraine shortly before Russia’s invasion, although …

20th National Congress of the Communist Party of China: Xi emphasizes Chinese path to modernization as central task

11:22 18.10.2022

20th National Congress of the Communist Party of China: Xi emphasizes Chinese path to modernization as central task

Xi Jinping delivered a report to the 20th National Congress of the Communist Party of China on Sunday. Below are highlights from the report, primarily on international topicspresented by “China Daily”.- The five years since the 19th National Congress of the CPC have been truly momentous and extraordinary. The Party …

Some EU countries are increasing trade with Moscow

11:26 17.10.2022

Some EU countries are increasing trade with Moscow

Despite the numerous sanctions that the European Union has already imposed against Russia, some EU countries are increasing trade with Moscow.Published datashows that exports from seven European countries to Russia has grown since the beginning of the year. These countries are Latvia (up 67%), Slovenia (37%), Croatia (28%), Bulgaria (25%), …

Mass protests against NATO and EU hit Paris streets

10:48 17.10.2022

Mass protests against NATO and EU hit Paris streets

A massive crowd of protesters marched through the center of the French capital demanding that France radically change its stance on NATO and the EU.The French media mostly ignored the event.The demonstrations were sparked by what protesters called economic “disruption” and “energy and health restrictions”.The march was organized by the …

“The Economist”: As Europe falls into recession, Russia climbs out

9:18 16.10.2022

“The Economist”: As Europe falls into recession, Russia climbs out

In a very short commentary, “The Economist” makes the important pointthat Russia is coping with economic difficulties better than Europe. Although it is Russia that is under European and American sanctions.Social-media trolls are posting videos, intended for European audiences, showing gas stoves left on full blast, writes “The Economist”.What might …

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