Earlier this evening China’s State Administration of Foreign Exchange’s (SAFE) Wang Yungui noted “the impact of the Russian Ruble depreciation was unclear yet, and, as Bloomberg reported, “SAFE is closely watching Ruble’s depreciation and encouraging companies to hedge Ruble risks.” His comments also echoed the ongoing FX reform agenda aimed at increasing Yuan flexibility which […]
He presented it in his recent State of the Union speech, and it went un-reported in western media accounts Strong elements of economic liberalism, and European social state approaches Increase trade with most of the globe Liberalize domestic economy Launch large projects to revitalize manufacturing The State of the Union speech that Russian President Vladimir […]
Russia matters. It mattered in 1998 when the shock waves from its debt default reverberated around the world. And it would matter again should the plunging oil price lead to economic collapse. That’s despite the fact that Russia is a massive land mass with a relatively small economy. It accounts for only 3% of global […]
By Ron Paul Last week the U.S. House voted overwhelmingly in favor of an anti-Russia resolution so full of war propaganda that it rivals the rhetoric from chilliest era of the Cold War. Ironically, much of the bill condemns Russia for doing exactly what the U.S. government has been doing for years in Syria and Ukraine! […]
Ukraine, Iran’s nukes, the price of oil: There are ties worthy of a Bourne film, if the media connected the dots Patrick L. Smith This article captures the reality of the Beijing-Moscow-Washington triangle. Washington’s constant meddling and obstruction and its attempts to pressure Moscow and Beijing are simply drawing Eurasia closer together — exactly what […]
Tensions between the major powers have pushed the world closer to a new Cold War, former Soviet leader Mikhail S. Gorbachev said Saturday. The 83-year-old accused the West, particularly the United States, of giving in to “triumphalism” after the collapse of the Soviet Union and the dissolution of the communist bloc a quarter century ago. […]
Is World War 3 closer than some Americans might think? Vladimir Putin, the President of Russia, gave a public speech this week in which he blamed the U.S. for problems in the Ukraine as well as terrorism in the Middle East. Vladimir Putin announced that Russia is not to blame for current global issues, and that it […]
THE best escalator to opportunity in America is education. But a new study underscores that the escalator is broken. We expect each generation to do better, but, currently, more young American men have less education (29 percent) than their parents than have more education (20 percent). Among young Americans whose parents didn’t graduate from high […]
AMSTERDAM – The Obama administration was quick to blame Russia for the downed jetliner in Ukraine over the summer, miraculously the day of the incident, before an investigation was even started the Obama Administration “knew” what happened and who was behind the downing. The media hardly reported this but the only country to come forward […]
(CNSNews.com) – Russia is unhappy about recent remarks by President Obama and a senior NATO official, which Moscow views as equating its intervention in Ukraine with the Islamic State in Iraq and Syria (ISIS/ISIL) threat – and in Obama’s case, to the Ebola outbreak too. Speaking at a private Democratic fundraiser in Chicago on Monday, […]
