ew gallery Visiting Chinese President Xi Jinping announced huge investments in hydroelectric power, shipbuilding, railways and a deal to help Argentina build its fourth nuclear plant. No total dollar figure was given. Xi has…
Category: Iraq
The tragic crash of Malaysian Airlines Flight MH17 in Ukraine today has sparked a flurry of speculation and some damning theories about how the plane may have been sabotaged, and RT published a report suggesting that Vladimir Putin may have been the target if a missile strike downed the craft. Early information has suggested one possible and scary cause for the crash of MH17 — intentional interference using anti-aircraft weaponry on the ground in what was almost definitely a case of mistaken identity. The speculation regarding Vladimir Putin’s plane, however, is a newer thread. Earlier audio recordings that circulated purportedly implicate separatists in the incident, and indicate that the plane that crashed was not a target — however, nothing conclusive has yet emerged to definitively indicate what happened to MH17.
July 16, 2014. The first two days this week gold was subjected to a series of computer HFT-driven “flash crashes” that were aimed at cooling off the big move higher gold has made since the…
There is a deafening explosion, then a second. Four children are dead. Four survivors reach the safety of our hotel For a video presentation, please click here: http://www.informationclearinghouse.info/article39129.htm The first projectile hit the sea wall…
The situation in Israel and Palestine continues to grow worse on both sides. First you had the savage murder of three Israeli teens. Then you had the retaliation burning of a Palestinian teenager. Now protests are…
Ayman Mohyeldin reports from Gaza City on killing of four Palestinian boys by Israel (credit: NBC News) Ayman Mohyeldin, the NBC News correspondent who personally witnessed yesterday’s killing by Israel of four Palestinian boys on a…
The process of bloody globalization going on a rampage is slowly becoming a thing of the past as raw awakening is gradually stepping in. The US blitzkrieg aimed at achieving global dominance controlled by Washington…
Sanctions and Airliners The unilateral US sanctions announced by Obama on July 16 blocking Russian weapons and energy companies access to US bank loans demonstrate Washington’s impotence. The rest of the world, including America’s two…
At no juncture during the Ukrainian crisis could the downing of Malaysian Boeing 777 flight MH17 have been more convenient for NATO and its proxy regime in Kiev. Kiev’s forces were being picked apart in eastern Ukraine with several units encircled and destroyed. In the west of the country, dissent was growing by Ukrainians unwilling to march off to fight in the east. NATO’s attempts to bait Russia into moving into Ukrainian territory and shift global opinion against Moscow had repeatedly failed. The final card to be played by the US was another round of sanctions that almost immediately was ridiculed as ineffective and impotent. Even US corporate-financier interests condemned the latest round of sanctions claiming they were “unilateral” in nature and thus limited US enterprise from interacting with Russia while leaving European competitors free to move into the void. An effective US policy of confronting, containing, and undermining Russia would require multilateral sanctions with almost universal support – but the impetus for such sweeping sanctions did not exist – until now.
Top of the agenda at the sixth summit of the BRICS developing nations beginning Tuesday is the founding of two multilateral financial institutions designed to erode the dominance of the World Bank and International Monetary Fund as arbiters of the global economic system. For Russia, the creation of a $100 billion BRICS development bank and a reserve currency fund worth another $100 billion is a political coup. Just as the West freezes Russia out of its own economic system as punishment for its politics in Ukraine, Russia is tying itself into the financial superstructure of the next generation of economic heavyweights: India, Brazil, China and South Africa. The World Bank and the IMF have come under criticism from the rapidly developing BRICS, who together account for 20 percent of global GDP and 40 percent of the world’s population. In their view, the two financial institutions are dominated by the rich nations of the G7 and attach stringent conditions to their lending that impinge on the economic sovereignty of its members