The US dollar, the dominant global currency since 1944, may lose some of its luster due to the American-led sanctions against Russia over the turmoil in Ukraine. The greenback has been fading in favor since the global financial crisis in 2008. The US-led sanctions against Russia may have backfired on the US because it threatens to “hasten a move away from the dollar that’s been stirring sin [...]

Kremlin decree restricts EU and American products for up to one year, while acknowledging move may lead to food price rises. Vladimir Putin has banned the import of agricultural goods from countries that have imposed sanctions on Russia in a tit-for-tat move that deepens the economic standoff between the Kremlin and the west. [...]

John Kerry has spent months rushing from one conflict to the next, but has little show for it. His failures are symptomatic of an America that lacks a foreign policy identity -- and of a country that seems uncomfortable with its role as a superpower. In the Middle East, it doesn't take much to be branded a terrorist -- even if you are the US secretary of state. [...]

Millions of cubic meters of water, sand and chemicals, which were released into the waterways of British Columbia, Canada, from a breached mine tailings pond have led to a total water ban for residents in the area of the incident. Some 10 million cubic meters of water and 4.5 million cubic meters of fine sand from the tailings pond of the Mount Polley copper and gold mine spilled over into lake [...]

If one relies on Western mainstream media and those who claim to represent the Western world, it is easy to come to the conclusion that Russian President Vladimir Putin is the most evil political figure in the world. Actually, it would not be a gross exaggeration to claim Putin is responsible for just about all that afflicts the human condition today. One simple sentence says it all: “Putin d [...]

The World Trade Organization got a surprise setback on Thursday when India, pushing for concessions on agricultural stockpiling, vetoed plans for universal customs rules. The deal could have added $1 trillion and 21 million jobs to the world economy. The July 31 deadline on the first proposal for major global economic reform in two decades - a series of customs procedures known as "trade facili [...]

Aeroflot's new budget airline Dobrolet announced it is temporarily suspending flights and ticket sales due to “unprecedented pressure” from European partners as a result of economic sanctions. From August 4, due to “unprecedented pressure on Dobrolet from European counterparts, the carrier is forced to stop flights and ticket sales,” Aeroflot said in a statement released on Sunday. Pass [...]

The big Russian businesses hurt by Western sanctions against Russia won’t even think about putting pressure on President Putin, because the interests of the state are at stake in the conflict, says a reputed presidential ‘inner circle’ figure. “This is out of the question,” Gennady Timchenko, who is one of the few Russian businessmen personally targeted by the US-championed sanctions, [...]

US steps to increase military cooperation with Ukraine, providing its National Guard arms and training amid Kiev’s military operation, can be considered complicity in war crimes, Russian MP Irina Yarovaya believes. “In a situation, when the National Guard of Ukraine is leading punitive operations in the Donbass, the US promises to allocate $19 million for training and equipping this militar [...]

Ron Paul, the former United States congressman who campaigned for the presidency no fewer than three times, is yet again warning the White House not to increase America’s involvement in the escalating crisis in Ukraine. Paul, a 78-year-old retired doctor who spent nearly three decades in the US Congress representing the state of Texas, has spoken out incessantly this year about the ongoing sk [...]

Without waiting for MH17 crash investigators’ conclusions, NATO chief is eager to blame anti-Kiev forces, thus “exerting pressure” on the international team while providing no evidence to back the claims, Russia’s mission to NATO said. The Russian mission to NATO has said that the bloc's Secretary General, Anders Fogh Rasmussen “decided not to wait until the end of #MH17 investigation [...]

The Ukraine crisis is just one pretexts being used by NATO to create tensions with Russia as the alliance seeks a reason to exist, Foreign Minister Sergey Lavrov said. As NATO expands, it tries “to drive” all Europeans under its “roof,” he said. NATO “is looking for a new sense of existence,” Lavrov told Russia’s Itar-Tass news agency in an interview. “Russia turned up. If there [...]

Kiev keeps deploying missile launchers, including SS-21 (Scarab) and multiple rocket systems Uragan and Smerch in Donetsk as it "wants to continue the war" in eastern Ukraine, Russia's Foreign Ministry said in a statement. “The Ukrainian army continues deploy Tochka U [which NATO refers to as SS-21 or Scarab], Smerch [the BM-30 Tornado] and Uragan [the BM-27] missile complexes to Donetsk. [...]

For Switzerland to copy and paste EU sanctions against Moscow is unwise, and would jeopardize the country's role as a mediator, said Swiss Economy Minister Johann Schneider-Ammann. The Swiss government has no plans to follow in the EU’s footsteps and impose sanctions against Russia, Schneider-Ammann said in an interview with the Swiss newspaper Schweiz am Sonntag. [...]

US officials have confirmed Swedish media reports of a mid-July incident in which an American spy plane invaded Sweden's airspace as it was evading a Russian fighter jet. The maverick plane was spying on Russia when it was intercepted. The incident, which happened on July 18, went public last Wednesday after a classified document from Sweden’s Defense Ministry was leaked to the press. [...]

The turmoil gripping the Middle East is a direct result of the provision of cash, weapons and surveilla's "helpless detachment" is just for show, the Intercept's Glenn Greenwald writes. In a bold examination, the former Guardian journalist reveals the amazing contrast between what the United States says publicly, and what it does behind the curtain. [...]

Ministers say contracts for military equipment will be individually examined to ensure they are not being used in Gaza offensive. The UK government is reviewing the sale of £8bn in arms and military goods to Israel to see whether each licence is "appropriate" in light of the conflict in Gaza, Downing Street has said. [...]

More than 400 Ukrainian troops have been allowed to cross into Russia after requesting sanctuary. It's the largest, but not the first, case of desertion into Russia by Ukrainian soldiers involved in Kiev's military crackdown in the east of the country. [...]

UN chief Ban Ki-moon tells Israel to 'end this madness' after bombardment kills at least 10 people and injures dozens. A third deadly attack on a United Nations school sheltering people fleeing bombardment in Gaza was strongly condemned by both the UN and the US on Sunday, with UN chief, Ban Ki-moon, calling it a "moral outrage and a criminal act" and pleading for an end to "this madness". [...]

Russian border checkpoint at the Gukovo crossing was shelled from the Ukrainian side twice on Sunday. OSCE observers and journalists were working at the checkpoint when it was attacked. The first shell exploded at Gukovo at around 13:55 Moscow time (0955 GMT), Russian border guard spokesman Vasily Malaev told Itar-Tass news agency. [...]

New information indicates that Israeli intelligence eavesdropped on telephone conversations by US Secretary of State John Kerry. Sources told SPIEGEL the government then used the information obtained from the calls during negotiations in the Mideast conflict. SPIEGEL has learned from reliable sources that Israeli intelligence eavesdropped on US Secretary of State John Kerry during Middle East p [...]

US steps to increase military cooperation with Ukraine, providing its National Guard arms and training amid Kiev's military operation, can be considered complicity in war crimes, Russian MP Irina Yarovaya believes. “In a situation, when the National Guard of Ukraine is leading punitive operations in the Donbass, the US promises to allocate $19 million for training and equipping this military [...]