Former Assistant Treasury Secretary, Dr. Paul Craig Roberts, says, “Gold and the dollar are in a fight to the death.” Dr. Roberts explains, “The Fed, in order to save a handful of banks too big…
Category: Specials
MOSCOW (AP) — A senior Russian diplomat on Wednesday angrily rejected U.S. warnings against striking an oil-for-goods contract with Iran, saying that Moscow wouldn’t be intimidated by threats. Deputy Foreign Minister Sergey Ryabkov…
China Will Reopen the Old Silk Road as a New Trading Route Linking Germany, Russia & China Russia has just dropped another bombshell, announcing not only the de-coupling of its trade from the dollar, but also that its hydrocarbon trade will in the future be carried out in rubles and local currencies of its trading partners – no longer in dollars – see Voice of Russia Russia’s trade in hydrocarbons amounts to about a trillion dollars per year. Other countries, especially the BRICS and BRCIS-associates (BRICSA) may soon follow suit and join forces with Russia, abandoning the ‘petro-dollar’ as trading unit for oil and gas. This could amount to tens of trillions in loss for demand of petro-dollars per year (US GDP about 17 trillion dollars – December 2013) – leaving an important dent in the US economy would be an understatement.
The west has been needlessly whipping up tension – if we don’t co-operate soon, chaos may take hold The profound and pervasive crisis in Ukraine is a matter of grave concern for Russia. We understand perfectly well the position of a country which became independent just over 20 years ago and still faces complex tasks in constructing a sovereign state. Among them is the search for a balance of interests among its various regions, the peoples of which have different historical and cultural roots, speak different languages and have different perspectives on their past and present, and their country’s future place in the world. Given these circumstances, the role of external forces should have been to help Ukrainians protect the foundations of civil peace and sustainable development, which are still fragile. Russia has done more than any other country to support the independent Ukrainian state, including for many years subsidising its economy through low energy prices. Last November, at the outset of the current crisis, we supported Kiev’s wish for urgent consultations between Ukraine, Russia and the EU to discuss harmonising the integration process. Brussels flatly rejected it.
60% of Japan’s 48 viable nuclear reactors, are not as yet being considered for application to the Nuclear Regulation Agency (NRA) for restart 90% of Japan reactors to be out of service Japan’s…
In 2011 Barack Obama led an allied military intervention in Libya without consulting the US Congress. Last August, after the sarin attack on the Damascus suburb of Ghouta, he was ready to launch…
[The 4th Media Editorial Note: This Global Research article was originally posted on April 27, 2012.] The prospect of an unparalleled Eurasian economic boom lasting into the next Century and beyond is at hand. The…
Western leaders’ attempts to create the illusion that everyone approves of the idea of imposing sanctions against Russia is coming up against the obvious discrepancy between this made-up picture and the real state of…
Turkey expects China to invest in its high speed railway project from the eastern tip to the western part of the country, which would constitute an important part of the modern Silk Railroad,…
The Future of Ukraine The Ukraine of six months ago no longer exists; it has been destroyed by the scheming of Brussels and Washington. If there is to be something on the map named “Ukraine”…