The dollar’s position as the world’s leading reserve currency faces increased pressure as the financial crisis allows emerging economies greater influence on the world stage, analysts said. A report last week in The Independent claiming that China, Russia and Gulf States are among nations prepared to ditch the dollar for oil trades has heightened the […]
http://www.virtualjerusalem.com/judaism.php?option=com_content&view=article&id=288:golda-and-the-terrorists&catid=29:judaism-main-articles&Itemid=288
“Betrayal! The U.S. sold us to Russia and stabbed us in the back,” the Polish tabloid Fakt declared on its front page, while the Czech paper Mlada Fronta Dnes declared, “No Radar. Russia won.” President Obama is feeling heat from some quarters after deciding to drop the Bush administration’s missile defense plans in Eastern Europe. […]
The Wall Street Journal reported that the US is to shelve the plan, which was first mooted by the Bush administration and has been a source of friction with Russia ever since. The move would be a cause of celebration in Moscow but of real concern to Eastern European countries which have looked to Washington […]
Barack Obama’s decision to scrap Bush-era plans for a missile defence shield on Thursday triggered dismay in central Europe and among Republicans on Capitol Hill, amid claims that it amounted to a major security concession to Russia. Unveiling one of the biggest reversals on national security since coming to office, the US president said that […]
http://www.virtualjerusalem.com/news.php?id=5775
At a time when the United States and its allies are trying to persuade Iran to end its illicit nuclear program, Russia-one of five countries with U.N. Security Council veto power-is reportedly set to hold its first joint naval maneuver with Iran in the Caspian Sea, The Jerusalem Post reported. Thirty Russian and Iranian […]
