Economics

Is the Fed Preparing to Topple US Dollar?

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Unusual remarks and actions by the outgoing head of the Bank of England and other central banking insiders strongly suggest that there is a very ugly scenario in the works to end the role of the US dollar as world reserve currency. In the process, this would involve that the Fed deliberately triggers a dramatic economic depression…

Is there a Future for Trans-Caspian Gas Pipeline?

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Recently, Washington, in its expansionist attempts to aggressively promote its LNG on the European market and to limit the access of cheaper Russian gas to Europe, has increasingly forced its European satellites to advocate supplying gas from other countries than Russia. The Trans-Caspian Gas Pipeline is one of these US-backed…

G7 – The Cost of Uselessness

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The G7 Summit is an obsolete, useless talking shop, as Finnian Cunningham so adroitly says. RT calls it The Unbearable Pointlessness of G7. Canada, France, Germany, Italy, Japan, UK, and the United States constitute the G7 gang. It should strike any logical thinker as extremely odd that the world’s largest economy (by purchasing…

Aggravation in the Korean-Japanese Relations: the Japanese Angle

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The trade war between Japan and South Korea is going on, and the author needs to clarify why Tokyo lost its temper at last. The South Korean mass media, naturally, see the reasons for the trade war not as Seoul’s desire to ignore international law, but…

India – One of the Leaders in Space Exploration

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India began carrying out space research immediately after gaining full independence from British rule in 1947, and became the seventh country in the world to launch its own satellite – Aryabhata – in 1980, which was launched into orbit with the help of a Soviet space launch vehicle, Kosmos-3M. However, it is worth pointing out…

Will China Trigger Next Financial Tsunami?

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With the US decision to impose added tariffs on more than $300 billion of China trade, and the US Treasury declaring China a “currency manipulator”, global financial markets have reacted with sharp selling. The question is whether this is the beginning of a genuine currency war that will trigger a new Financial Tsunami as bad if…

KAMAZ: Globally Recognized Russian Technology

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Among the numerous products of the Russian industry which are in considerable demand abroad, one of the important ones is the trucks of the Kama automobile plant (KAMAZ). The KAMAZ brand trucks have seen several decades of popularity in various countries of the world thanks to their loading capacity and…

Erdogan’s Risky Geopolitical Pirouette

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Turkey’s economy has been in increasingly difficult straits for months, especially since the failed July 2016 coup attempt. The latest move by President Recep Tayyip Erdoğan to fire his central bank head and replace him with a more amenable loyalist has already resulted in the largest one-time interest rate cut in the bank’s history. Will this be enough to revive…

Greece – Suicide or Murder?

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Pundits from the left, from the right and from the center cannot stop reporting about Greece’s misery. And rightly so. Because Greece, the vast majority of her people live in deep economic hardship. No hope. Unemployment is officially at 18%, with the real figure closer to 25% or 30%; pensions have been reduced about ten times since…

What Does the Future Hold for Turkmenistan?

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According to the World Happiness Report — 2019, which is published on a yearly basis by the United Nations Sustainable Development Solutions Network, Turkmenistan, quite a resource-rich player in the Caspian region, ended up in 87th place, thus becoming the unhappiest nation among its Central Asian neighbors based on this ranking…

The Bangladesh-China-India-Myanmar (BCIM EC) Economic Corridor

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The topic of whether creating a “multi-modal corridor” is feasible or not has been debated time and time again since the late nineties on various different political platforms and within expert circles, which would link Kunming, the capital of China’s south-western Yunnan Province…

The Banking Elite Are Cannibalizing Greece and the World

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When I read a tweet by Kathimerini reporter Yannis Palaiologos recalling an incident where former U.S. Ambassador to Greece David Pearce threatened the former Greek Prime Minister Alexis Tsipras about exiting the Eurozone, I knew I had to write this report. According to the reporter’s message…


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