Mexican President López Obrador took a historic trip to Cuba, where he called for an end to the US blockade and criticized right-wing “coup-plotters.” He said Latin America should form a union, amid “the economic decline of the United States.“ The post In Cuba, Mexico’s AMLO calls for end to blockade...
The world wants to see an end to the conflict in Ukraine. The NATO countries, however, want to prolong the conflict by increasing arms shipments to Ukraine and by declaring that they want to “weaken Russia.” The United States had already allocated $13.6 billion to arm Ukraine. Biden has just requeste...
China invited Argentina to attend the 2022 summits of the BRICS economic bloc of Brazil, Russia, India, China, and South Africa. Argentina's ambassador says it's a step toward “formal entry” to the grouping, an alternative to the US-dominated financial system. The post Argentina will attend BRICS summits...
Goldman Warns 'Dollar Dominance On A Downtrend' As we have noted numerous times in the past (since 2014), nothing lasts forever... And while he falls short of the apocalyptic views of The World Bank's former chief economist: “The dominance of the greenback is the root cause of global financial an...
Russia Is Returning To The Gold Standard: Is China Next? Submitted by QTR's Fringe Finance No sooner was it that I wrote an article talking about how Russia was going to back the ruble with gold than “one of the Russia’s most powerful security/intelligence officers and a close ally of Putin” has admitte...
The World Order Has Changed... Here's What It Means For Your Net Worth Authored by Chris Macintosh via InternationalMan.com, There is momentous change taking place right now. Part of a disturbing trend over the last few months has been one of financial institutions and governments stealing other people’...
Nearly two months in, there’s little doubt Russian president Vladimir Putin’s invasion of Ukraine has been a colossal strategic blunder. NATO is unified, energized, and set to expand into two historically neutral countries, the Russian military looks to the world like a paper tiger, and the invasio...
Escobar: Russian Geoeconomics Tzar Introduces The New Global Financial System Authored by Pepe Escobar via The Cradle, The world's new monetary system, underpinned by a digital currency, will be backed by a basket of new foreign currencies and natural resources. And it will liberate the Global Sout...
It was something to behold. Dmitri Medvedev, former Russian President, unrepentant Atlanticist, current deputy chairman of the Russian Security Council, decided to go totally unplugged in an outburst matching the combat star turn of Mr. Khinzal that delivered palpable shock and awe all across NATOstan...
Dollar hegemony seems to be the position that has just ended as of this week very abruptly. Dollar hegemony was when America's war in Vietnam and the military spending of the 1960s and 70s drove the United States off gold. The entire US balance of payments deficit was military spending, and it bega...
Rickards: The Last Straw Authored by James Rickards via DailyReckoning.com, The U.S. and its allies in the EU and others around the world have imposed the harshest economic sanctions on Russia that have ever been used. In the past, even nations directly at war with each other would continue to pay th...