Sign in for registered users
As long as the world economy retains faith in the omnipotence of the U.S. dollar as the commodity in highest demand, the internal costs for the American economy will be offset by profits in foreign markets, providing the U.S. financial system with relative stability The March collapse of three major U.S. banks—Signature ...
If there is one key change in the global economy over the past several years, it is the progressive weakening of the belief in the indefinite supremacy of the US dollar If there is one key change in the global economy over the past several years, it is the progressive weakening of the belief in the indefinite supremacy of the US dollar. The international community is increasingly engaged in discussions on the ...
... Federal Government, demanding that payments for the deliveries of Russian gas to “unfriendly nations” be switched into rubles is a measure of necessity that will affect many contractual clients. The decision was prompted by the seizure of Russia’s dollar- and euro-denominated foreign assets, a total of USD 300 bn worth. By taking this step, the West has effectively defaulted on its own debt commitments to non-residents. When Western states banned taking dollars and euros into Russia, they have ...
As someone who also anchors a weekly television programme I should say that despite the endless debate around correct measuring of TV ratings, they do reveal certain trends. The first conclusion to be made based on the results of these weeks is that when people are at home, they are once again turning on their “old-fashioned” TV sets. Ratings are on the rise worldwide. As someone who also anchors a weekly television programme I should say that despite the endless debate around correct measuring...
... financial system will depend on the successful promotion of a conceptual alternative to the current GFA model At the 1944 Bretton Woods Conference, the United States laid the foundation for the U.S.-centric international monetary system, thus ensuring the dollar’s status as the key reserve currency for the next 75 years. The fact that other countries accepted the dollar as the main currency of international payments, loans and investments allowed U.S. transnational corporations to dominate global markets ...
... need. Case in point the death of almost 500,000 (yes half a million children) in Iraq as Dennis Halliday the Former U.N. humanitarian coordinator in Iraq who resigned from his role has talked about in length on this subject.* After Breton Woods, the US dollar has been the global reserve currency and it just celebrated its 75th anniversary, and yet this timeline deserves some contemplation. The growing arbitrary application of unilateral financial sanctions has caused tremendous damage with lasting negative ...
| U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements |
|
| U.S. wants to deter Russia’s military and political activity |
|
| U.S. wants to dissolve Russia |
|
| U.S. wants to establish alliance relations with Russia under the US conditions to rival China |
|
