Jeffrey David Sachs; born November 5, 1954) is an American economist, academic and public policy analyst. He is the former director of The Earth Institute at Columbia University. He is known as one of the world's leading experts on economic development and the fight against poverty. Detroit, Michigan, U.S. [...]

There are now three battalions of the advanced Russian air defense system stationed in the Crimean peninsula, which is a major strategic strongpoint for the military and the home of Russia's Black Sea Fleet. The third battalion of eight launchers, 112 missiles and command and support vehicles has been deployed in Evpatoria in western Crimea, the press service of the Black Sea Fleet confirmed Frida [...]

While Washington ostensibly supports the peaceful resolution of the Ukraine-Donbass conflict, new revelations - if true - do not add to these claims and on the contrary seem to be in sync with the approval of US weapons to Kiev. The Swiss newspaper Le Temps has reported about scores of US and Canadian instructors training Ukrainian servicemen at the former Soviet firing range Yavorov in wester [...]

Here’s what everyone needs to understand about Ukraine: The United States has already moved on to Plan B but Biden has not issued a statement. [...]

US President Donald Trump left the UN Security Council session he was chairing before it was over, leaving Nikki Haley in charge and sparking speculation about his whereabouts among the press. Around quarter after noon on Wednesday, after roughly two hours of speeches and declarations, Trump left the Security Council chambers with his security detail, letting his UN envoy Haley take over. [...]

Ankara’s decision to purchase Russian S-400 air-defense systems was prompted by the reluctance of its NATO allies, primarily the US, to sell advanced weaponry to Turkey, Foreign Minister Mevlut Cavusoglu has said. [...]

Switzerland will take part in any new payment system if it were created as an alternative to the Society for Worldwide Interbank Financial Telecommunication (SWIFT), according to Swiss Ambassador to Moscow Yves Rossier. [...]

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. [...]

The Republican-run House Oversight Committee has issued a subpoena compelling Secret Service Director Kimberly Cheatle to testify on Capitol Hill about her agency’s “total failure” to prevent the attempted assassination of former President Donald Trump. The committee first called Cheatle to testify on the day of the attack, and requested specific information related to the incident on Monda [...]

The months-long tit-for-tat between Beijing and Washington hasn’t yet shown any signs of stopping, but has, conversely, grown more intense in light of both trade issues with regard to tariffed imports, and an array of military-related moves, such as arms sales to Taiwan and China’s military deals with Russia. [...]

The new economy and energy minister Peter Altmaier made it clear before a meeting between German and US officials in Washington that the EU would take a strong stand against the new steel and aluminum tariffs proposed by US President Donald Trump. The economy and energy minister of Germany’s new grand coalition government Peter Altmaier has warned the US government that if a trade war with th [...]

As Japan suffers a massive stock sell-off, the US economy is getting hit hard as the Yen carry trade begins to blow up. US stocks are on the verge of a nasty sell-off and the recession risks are now getting frighteningly real. Here's what you must know. ECONOMIC BLOODBATH: $1.4 TRILLION LOST in a Day as Global Markets Panic & Major Indices Collapse Global Market Meltdown: If There Is Con [...]

Some 800 anti-establishment accounts and pages have been yanked from Facebook in a sweeping crackdown the social media giant framed as a fight against spammers. RT talked to those who were targeted in the cleansing. Among the hundreds of pages and accounts Facebook and Twitter took down were those both on the political left and right, ranging from conspiracy theorists and police brutality watchers [...]

Vienna chose not to expel Russian diplomats as a response to the poisoning of double agent Sergei Skripal, saying it wants to keep dialogue with Moscow open. Some European opposition figures say the move will only create problems. Despite more than a dozen European nations expelling Russian diplomats over the Skripal case, not every nation or politician is on board. Dissenting voices are starting [...]

The real meaning of Jake Sullivan's China trip has nothing to do with US-China relations and everything with the war in Ukraine, says Ray McGovern, a renowned US intelligence analyst. Sullivan went to China to sound out the possible Chinese reactions to a US escalation of Ukraine proxy-war with the use of the last weapons that the American's have not yet shipped to its Kiev war-implementation pa [...]

"Flooding Europe with Democracy" | Public lecture at Vienna's University of Economics Vienna University of Economics and Business (WU) is the largest business and ... in Europe, and it hosts 450 annual exchange students from 210 universities and 50 ... Students love to talk business at WU, but student activities, including sports ... With a public bus pass, you can not only get to class but [...]

On Monday, a number of European countries, as well as the United States and Canada, announced they were expelling Russian diplomats over the Skripal case. Radio Sputnik discussed the significance of the diplomatic response by the Western powers with Srdja Trifkovic, a US journalist and writer on international affairs. [...]

BRICS Currency: 40% Could Be Tied to Gold, 60% in Local Currencies Will BRICS’ gold-backed currency dethrone the dollar and throw the West into financial chaos? This is what happens when 40% of a currency is backed by gold and 60% by local currencies come face to face with dollars backed by nothing. It can send the US dollar crashing overnight. So, is this the beginning of the end for the doll [...]

Despite progress in reducing extreme poverty, the number of poor worldwide is still “unacceptably high,” according to a World Bank report, which showed that billions of people still struggle to meet basic needs. The report found that nearly half the world’s population lives on less than $5.50 a day, with a rising share of the poor in wealthier economies. [...]

BP, the company behind the deadly Deepwater Horizon oil spill disaster, the biggest in history, has claimed an oil spill off the South Australian coast would be a good thing, as the clean up would boost local economies. BP made the outlandish claim as part of its bid to drill for oil in the pristine Great Australian Blight. [...]

This week’s Economic Update Professor Richard Wolff dedicates the entire show to the economic developmental achievement of China, together with the historical background that motivated that achievement. We analyze the uniqueness of both the economic philosophy and the politics of China. 3 MINS AGO: China SHUTS DOWN $34.05 Billion U.S. Farming Industry... What's Next? China SHUTS DOWN All [...]

Help us reach 100,000 subscribers and gain access to more studio time! Please hit the red SUBSCRIBE button above. ^^^ Support the show! Become an EU patron on Patreon: https://www.patreon.com/economicupdate A Deepening Crisis of Capitalism How to Profit from the Coming Trump Train Wreck - Peter Schiff Gerald Celente – Economic Meltdown Worse than Great Depression Coming [...]