Athens has signed a €368.5 million deal to sell the operator of Piraeus port to the Chinese shipping group COSCO, Reuters reported. This is the second major privatization for the country since last year. Under the deal, COSCO will acquire 51 percent of the listed Piraeus Port Authority for €280.5 million and the remaining 16 percent for €88 million after five years, once it concludes mand [...]

Beijing is ready to transfer some of its shipyards as well as chemical and steel plants to Russia’s Far East. Russia is interested, but says this can only be done in full compliance with local environmental laws. "We are ready to accept Chinese enterprises to establish joint export-oriented production in the Far East territory", said a spokesman for the Far East Development Department Rustam [...]

U.S. politicians love the “silver bullet” of economic sanctions to punish foreign adversaries, but the weapon’s overuse is driving China and Russia to develop countermeasures, as British diplomat Alastair Crooke explains. Iran’s Supreme Leader Ali Khamenei told a large group of people in the holy city of Mashhad on Sunday that “The Americans did not act on what they promised in the [I [...]

The United States doesn't want to see Chinese and Russian companies operating in Bolivia, and has instructed Washington-supported opposition forces to try and stop them, says Bolivian President Evo Morales, citing the recent scandal around China's CAMC Engineering Co, which managed to unfairly [...]

The South China Sea has turned into Asia's battleground for supremacy between Beijing and Washington, Richard Javad Heydarian, a specialist in Asian geopolitical affairs, notes, adding that the US decades-long naval hegemony in the region may soon vanish into thin air. [...]

The US-Chinese standoff in the South China Sea is heating up, with Washington dispatching a small armada to the area following reports that Beijing had reinforced a key island with fighters and air defenses. Much has been said and written about the dispute, with Russian analysts left pondering: if push comes to shove, what will Russia's role be? [...]

The era of the US global sea dominance – ensured by its 10 giant aircraft carriers – may come to an end, a study by respected Washington-based think tank warns. Russia, China and Iran can make the mammoth vessels useless by new weapons, tech and tactics. Aircraft carriers are at the heart of the US Navy's global reach capabilities, and a symbol of American military might. [...]

China has signed a contract to buy 24 Sukhoi Su-35 multipurpose fighter jets from Russia, becoming the first foreign buyer of the advanced warplane, according to manufacturer Rostec. The deal, estimated to be worth $2 billion, is a significant boost to Russia’s arms exports. [...]

A case can be made that for Moscow it would be a tremendous waste of hard-earned foreign exchange to try to counter a rig against their currency they simply cannot beat, as the entire fiat financial power of the US is against them. Russia’s Central Bank by now should be all-out selling rubles for gold, and building Russia’s gold reserves. Well, it is happening, somewhat. [...]

China’s Wanda Group announced on Tuesday it will buy Hollywood film studio Legendary Entertainment. The studio produced the Dark Knight Batman trilogy, ‘Inception’ and ‘Interstellar’, and has grossed more than $12 billion worldwide at the box office. [...]

I’m feeling more and more in recent months that, as difficult as it may be to believe, our world is moving away from seemingly endless wars. Make no mistake, we haven’t seen the end of wars at all. The dynamic and the war energy is changing, however. Not without a frenzy of self-conceit does the so-called Western World throw forks, china, pots, pans, rolling pins–anything it can get its b [...]

Russia and China have achieved remarkable success in their efforts to develop advanced navies, which presents a challenge to America's naval supremacy at a time when the US Navy is trying to adapt to the changing security environment, US Chief of Naval Operations Admiral John Richardson said. [...]

Iran is moving forward to get rid of the US dollar as a means of payment, independent researcher Timothy Alexander Guzman points out, adding that Washington has obviously shot itself in the foot by imposing sanctions on Moscow and Tehran. [...]

Sputnik is a major new media brand with modern multimedia centers in dozens of countries. Sputnik is uniquely positioned as a provider of alternative news content and as a radio broadcaster. Offering a fuller picture of the world with a truly diverse range of views, Sputnik tells the untold. [...]

In his seminal 'Fall of Rome: And the End of Civilization,' Bryan Ward-Perkins writes, "Romans before the fall were as certain as we are today that their world would continue forever... They were wrong. We would be wise not to repeat their complacency.” [...]

Beijing has said political dialogue is the only solution to the conflict in Ukraine, and not sanctions. On Monday, the European Union announced it was prolonging economic sanctions against Russia for another six months, for what it called Moscow’s noncompliance with the terms of a ceasefire agreed in Minsk, Belarus. [...]

A gold-backed ruble and gold-backed yuan could start a 'snowball exit' from dollar F. William Engdahl notes, adding that it will diminish America's ability to use the reserve dollar role to finance Washington's perpetual overseas wars. The irony of the situation is that the central banks of China, Russia, Brazil and other countries "diametrically opposed" to US foreign policy course are forced [...]

Moscow carried out the first successful flight test of its new anti-satellite missile last month, becoming just the second nation to arm its military with space warfare weapons. Russia's direct ascent anti-satellite missile, known as Nudol, was successfully tested on November 18, according to defense officials familiar with reports of the test. [...]

Russian and Chinese authorities have agreed to set up a joint information agency that would work in both countries, as well as a major discussion club with the provisional name of the Amur Dialogue. “The proposal to create a joint news agency has been made at the Russian-Chinese forum that is currently taking place in Beijing.   [...]

Russia is selling China high performance aircraft as an answer to America’s actions around Asia, Conn Hallinan from Foreign Policy in Focus, told RT. Beijing has signed a deal with Moscow for Sukhoi fighter jets. China will buy 24 cutting-edge SU-35s. China is the first foreign sale of the multipurpose aircraft. [...]

China's central bank has put the Russian ruble into circulation in Suifenhe City, Heilongjiang Province, launching a pilot two-currency (ruble and yuan) program. The ruble is being introduced in the place of US dollar. The announcement was made on Saturday by Jin Mei, deputy secretary for monetary policy at the opening ceremony of a trade exposition in Suifenhe, reported state-run Xinhua news a [...]

China’s gold holdings grew by 604 tons to 1,658 tons since 2009, according to the data from People’s Bank of China revealed on Friday. The country thus overtook Russia to become the fifth largest holder of gold in the world. The information has been disclosed after a six-year delay. China’s central bank has reported changes to its gold reserve levels only four times over the last 15 years [...]