The gold accumulated by China and Russia could be seen as part of a strategy to move away from international trade denominated in US dollars, according to Singapore’s BullionStar precious metals expert Ronan Manly. Manly exclusively told RT that there is a shift occurring regarding the two countries building up their gold reserves, to perhaps returning to gold-backed currencies in the future an [...]
Washington once again dominated the world market for munitions, maintaining its top global weapon sales rank since the 20th century end of the first Cold War. US President Donald Trump has opened the floodgates of worldwide gun delivery, as a new report notes over $80 billion in arms sales notifications delivered to Congress in fiscal 2017 — continuing a legacy of America as the largest weapon [...]
WASHINGTON (Sputnik) - A group of US lawmakers led by Senator Bob Menendez told the State Department in a letter that any sale of Russian S-400 air defense system should lead to new punitive measures as stipulated in the Countering America’s Adversaries Through Sanctions Act (CAATSA). [...]
Some 42 percent of elderly US citizens have less than $10,000 put aside for their golden years, according to the report by a personal finance resource GoBankingRates, which polled over 1,000 adults last month. The survey, carried out for the third consecutive year, suggests that a lack of planning and savings, along with a longer life expectancy, may shatter people’s retirement dreams. [...]
Those colorfully-dressed workers making sure your US short-haul domestic flight is properly packed, safely inspected and flight-ready are not paid enough, frequently requiring social services to live. Although employer American Airlines posted a shareholder-pleasing $1.9 billion profit in 2017, many of its workers are scrambling at the poverty line, selling their blood and receiving food stamps [...]
The US, the world’s leading debtor nation, has reached another questionable milestone in its seemingly headlong rush into economic oblivion. The combined debt of the United States has topped $21 trillion for the first time, according to government statistics, following an announcement a mere six months ago that the debt had hit $20 trillion for the first time. [...]
A first-ever full-scale audit of the Pentagon’s massive military budget promises details that may upset some, but according to government officials will be worth its nearly $1 billion price tag. According to US Department of Defense (DoD) undersecretary David Norquist, the ongoing audit of the Pentagon's books — the first ever for the enormous American military — will be worth the nearly $1 [...]
The choice of former CIA director Mike Pompeo as secretary of state, America's vow to strike against the Syrian government again and UK PM Theresa May's groundless accusations against Russia this week are parts of one very disturbing trend, geopolitical analyst Phil Butler told Sputnik. [...]
Speaking at a Senate Armed Services Committee hearing, commander of US Central Command Joseph Votel has specifically touched upon the situation in Syria and Russia's role there. Army general Joseph Votel, head of the US Central Command has admitted that Syrian President Bashar Assad's government forces are prevailing in the war in Syria. [...]
The speaker of the Russian lower house has said the West’s sanctions policy has been a response to Moscow's increased competitiveness, and had crashed Western plans to put a “tame and obedient” president in the Kremlin. “It is completely obvious that Russia is a very inconvenient competitor for them in many spheres, and they try to remove it from the field, often using unfair moves,” Vya [...]
Arnold Schwarzenegger has announced that he is taking oil companies to court “for knowingly killing people all over the world.” “This is no different from the smoking issue. The tobacco industry knew for years and years and years and decades, that smoking would kill people, would harm people and create cancer, and were hiding that fact from the people and denied it. [...]
A first in global capitalism, US citizen consumer credit card debt has now topped $1 trillion. For the first time in history, consumer credit card debt in America has risen above the benchmark $1 trillion measure, according to Washington DC-based online personal finance website Wallethub.com. [...]
On February 27, US Army General Joseph Votel blamed Russia for “playing both arsonist and firefighter, fueling tensions among all parties in Syria… then serving as an arbitrator, to resolve disputes, attempting to undermine and weaken each party's bargaining positions." The United States has always introduced itself as a Messiah with the responsibility to protect. But has anyone invited Washin [...]
While addressing the Federal Assembly on March 1, President Putin said that Russia has developed new invincible weapons. Speaking to Radio Sputnik, Harvey Wasserman, co-founder of the global grassroots No Nukes movement and author of Solartopia, lauded Putin's speech and shared his views on Russia's defense strategy. [...]
A group of US lawmakers have called for strategic dialogue with Moscow. They feel that the matter is “more urgent” following Russian President Vladimir Putin’s unveiling of a number of cutting-edge weapons systems. “A US-Russia Strategic Dialogue is more urgent following President Putin’s public address on March 1st when he referred to several new nuclear weapons Russia is reportedly dev [...]
The Pentagon may not be surprised by the new Russian hypersonic missiles – but why not use them as a pitch for more money? A military budget about 10 times that of Russia is not enough, according to the DARPA director. Asked by a gathering of journalists on Thursday if the United States is spending enough on its own hypersonic missile program, Steven Walker, the director of the Pentagon’s Defe [...]
On Monday, the UN Human Rights Council voted in favor of adopting the UK-proposed draft resolution, rejecting Russia's amendments. The Russian delegation regards the refusal to take its proposal into account as a public announcement for the support of terrorists. The United Kingdom and the United States de facto confirmed their support of terrorists in Syria by rejecting Russian amendments for the [...]
Last week President Putin said, during his annual address to the Federal Assembly, that Russia has developed an invincible new cruise missile and warned that any use of nuclear weapons against Russia or its allies will be viewed as a nuclear attack and would trigger an immediate response from Moscow. [...]
The head of the Pentagon's F-35 office has confirmed that some 49% of the 280 planes delivered to the military by Lockheed Martin are suffering from a series of hardware and software problems. Vice Admiral Matt Winter, director of the F-35 Joint Program Office, has confirmed that just 51% the US new 5th-gen fighter aircraft are flight ready, with the initial production lots delivered starting in [...]
The newest Russian missile, “Avangard,” which can travel at speeds up to Mach 20, makes US defenses totally useless because US counter-missiles can only travel at Mach 5, says one military expert. According to Alexey Leonkov, a former employee of the 30 Central Research Institute of Russia's Aerospace Force, the newest hypersonic missile that Russian President Vladimir Putin presented today ma [...]
Prior to the 2016 presidential election, if one were to ask what single act could seal a new Cold War with Russia, align liberals and progressives with the operational core of the American military-industrial-surveillance complex, expose the preponderance of left-activism as an offshoot of Democratic Party operations and consign most of what remained to personal invective against an empirically da [...]
The Cold War displaced the legacies of the New Deal. Time and Trump are now displacing Cold War legacies. Where capitalism was questioned and challenged in the 1930s and into the 1940s, doing that became taboo after 1948. Yet in the wake of the 2008 crash, critical thought about capitalism resumed. [...]