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They come to understand in the West: “A sharp reduction in trade with Russia is likely to cause major disruptions in commodity markets”

10:02 25.04.2023

They come to understand in the West: “A sharp reduction in trade with Russia is likely to cause major disruptions in commodity markets”

Since the start of the war in Ukraine, the question of the size of the Russian and Chinese economies — relative to Western economies — has become highly significant, notes ‘The American affairs journal’. Early on, policymakers compared the Russian GDP to that of Spain or Italy, for example, as …

Yellen says sanctions risk US Dollar Hegemony

10:03 24.04.2023

Yellen says sanctions risk US Dollar Hegemony

Economic sanctions imposed on Russia and other countries by the United States put the dollar's dominance at risk as targeted nations seek out an alternative, Treasury Secretary Janet Yellen (photo) said on CNN. Treasury Secretary Janet Yellen acknowledged that US economic sanctions risk the hegemony of the US dollar as …

Quiet panic in Washington: Who is an US ally or foreign business partner to trust?

10:01 24.04.2023

Quiet panic in Washington: Who is an US ally or foreign business partner to trust?

Our allies and certain foreign corporations now have the legitimate concern of wondering what between them and the United States will be kept private and secure, in light of the massive and reportedly deliberate leak of classified Pentagon documents, laments in “The Hill” Douglas MacKinnon, a political and communications consultant, …

India exercising ‘strategic autonomy’ finds resonance in Europe

10:00 24.04.2023

India exercising ‘strategic autonomy’ finds resonance in Europe

India’s strategic autonomy is rooted in the concept of multipolarity that it sees as necessary for a more balanced international system. We see multipolarity as a reform of the present system, not its break-up, writes Kanwal Sibal, a former Indian Foreign Secretary, India’s Ambassador to Turkey, Egypt, France and Russia. …

Brazil’s Lula suggests that “the United States and Europe are somehow not interested in peace”

11:08 23.04.2023

Brazil’s Lula suggests that “the United States and Europe are somehow not interested in peace”

In hindsight, it may have been a high-water mark in the relationship between the administrations in Washington and Brasília. Brazilian President Luiz Inácio Lula da Silva called on President Biden in the White House in February. A joint statement from Biden and Lula affirmed their pledge “to work together to …

The emerging New World economy

11:07 23.04.2023

The emerging New World economy

Four major developments can illustrate the contradictions of the emerging new world economy and underscore their interactions, Richard D. Wolff, an American economist, writes. First, the neoliberal globalizing paradigm is now the old. Economic nationalism is the new. It is another reversal of their previous positions. Driven by its celebrated …

Bombshell filing: 9/11 hijackers were CIA recruits

11:06 23.04.2023

Bombshell filing: 9/11 hijackers were CIA recruits

At least two 9/11 hijackers had been recruited into a joint CIA-Saudi intelligence operation that was covered up at the highest level, according to an explosive new court filing, reveals Kit Klarenberg, an investigative journalist exploring the role of intelligence services in shaping politics and perceptions. A newly-released court filing …

Crimea is The Russian Land for 240 Years!

19:23 22.04.2023

Crimea is The Russian Land for 240 Years!

Russian MFA presents a “Press release on the Ukrainian crisis”, April 21, 2023: “April 19 marks the 240th anniversary of incorporating Crimea into the Russian Empire. The Manifesto of Empress Catherine the Great noted the “fortunate conversion of insurrection and discord into peace, tranquillity, law and order.” Her words remain …

Macron’s strategic Third Way?

10:28 22.04.2023

Macron’s strategic Third Way?

Europe’s third-way autonomy would be a mighty thing for the Elysée Palace, especially given French pretensions in steering it, notes ‘Counter Punch’. After all, Frau “Mutti” Merkel is no longer de facto European chief, presiding over the bloc with matronly care. Her successor, Chancellor Olaf Scholz, is finding himself caught …

Newsweek: “Ukraine has about as much chance of winning a war against Russia as Mexico would of winning a war with the United States…”

10:26 22.04.2023

Newsweek: “Ukraine has about as much chance of winning a war against Russia as Mexico would of winning a war with the United States…”

Reality is that Ukraine has about as much chance of winning a war against Russia as Mexico would of winning a war with the United States, write in ‘Newsweek’ David H. Rundell,s a former chief of mission at the American Embassy in Saudi Arabia, and Ambassador Michael Gfoeller, a former …

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