On August 22 the exchange-traded market price for natural gas in the German THE (Trading Hub Europe) gas hub was trading more than 1000% higher than a year ago. Most citizens are told by the Scholz regime that the reason is Putin and Russia’s war in Ukraine. The truth is quite otherwise. EU politicians and major financial interests are using Russia to cover what is a Made in Germany and Brussels [...]
In May this year, German Chancellor Olaf Scholz said the West will not settle for “dictated peace” in Ukraine. That was an interesting take on the matter. It sounded almost like the West was fighting a war against Russia in Ukraine, and that it would not accept diktats from Moscow.
That was four months ago. Ever since Russia has choked Europe of essential natural gas supplies and has refus [...]
In Germany, they pointed to the desire of the United States to ruin Europe. Forecasts for the German economy are becoming more gloomy every day. But there are winners in this situation – the United States.
Only the United States is interested in aggravating the situation in Ukraine and expanding the theater of hostilities, says economics professor Christian Kreis. According to him, a war inv [...]
Citizens in the Czech Republic are protesting economic conditions from Western influences. They want their government to reject NATO's agenda and protect their economy. Brittains want that too but they don't seem likely to get it from their new Prime Minister Liz Truss.
Czech protest was just the beginning as Germany begins massive REVOLT
Poland is not ready for this DISASTER as the EU decl [...]
In the wake of the Russian invasion of Ukraine, Europe has lost control of its political destiny, economy, and environment Boaventura de Sousa Santos is the emeritus professor of sociology at the University of Coimbra in Portugal. [...]
The massive expansion of NATO, not only in Eastern and Central Europe but the Middle East, Latin America, Africa, and Asia, presages endless war and a potential nuclear holocaust.
The North Atlantic Treaty Organization (NATO), and the arms industry that depends on it for billions in profits, has become the most aggressive and dangerous military alliance on the planet. Created in 1949 to thwart So [...]
Sanctions imposed by the West on Russia, a major fertilizer exporter, have disrupted supply chains and left farmers in despair worldwide. The rush to impose sanctions on Russia, and the departure of scores of companies from the country, following the launch of the military operation in Ukraine was done with a specific calculus: To devastate the Russian economy. However, in a globalized world where [...]
The greenback threatens to swallow the wealth of both countries and individuals, according to Wang Zaibang. The United States has violated the major principles of the capitalist market economy and is poised to break the global political and economic order, Wang Zaibang, a senior researcher at China’s Taihe Institute, told Russia’s RIA news agency on Thursday.
According to the expert, Saudi [...]
Austria has gone full-blown authoritarianism! Austria will become the first country in western Europe to reimpose a full COVID-19 lockdown, it said on Friday as neighboring Germany warned it may follow suit, sending shivers through financial markets worried about the economic fallout.
Europe has again become the epicenter of the pandemic, accounting for half of global cases and deaths. The fourt [...]
American companies operating in Russia have made direct investments amounting to a total of $96.05 billion, according to the sixth annual joint survey of the American Chamber of Commerce in Russia (AmCham) and Ernst & Young.
The survey, which focused on the prospects for direct investment and bilateral trade between Russia and the US, was based on data from 160 companies. According to it [...]
Congress pumped over $6 trillion in cash into the economy over the past year-and-a-half in response to the coronavirus pandemic, with the federal debt reaching over $28.5 trillion in June. Combined US debt, which includes federal liabilities plus other public and private obligations, stands at over $85 trillion, or four times the US’ annual GDP.
The Treasury Department moved to invoke [...]
China and its two neighbors with significant relations - Russia and North Korea - have been strengthening their ties recently, as Chinese analysts said that ties among China, Russia and North Korea are totally different in nature from the US-Japan-South Korea alliance.
Experts added that China, Russia and North Korea will continue to cooperate to safeguard regional peace and stability no ma [...]
Ten members the Association of Southeast Asian Nations (ASEAN) and five other Asia-Pacific countries, including regional leader China, have inked the world’s largest free-trade pact that covers nearly a third of global economy.
The long-discussed agreement, officially known as the Regional Comprehensive Economic Partnership (RCEP), was signed on the sidelines of the annual ASEAN summit on S [...]
Here is an excerpt from the Guardian...
The local television station London Live is facing sanctions after the media regulator, Ofcom, found it had posed a threat to the public’s health by showing a lengthy interview with David Icke about the coronavirus pandemic.
The little-watched channel, owned by Evening Standard boss Evgeny Lebedev, broadcast an 80-minute interview with the former f [...]
A draft of an economic and security deal between the People's Republic of China and the Islamic Republic of Iran previously leaked by The New York Times is continuing to reverberate in the international media. Iranian political analyst Mahan Abedin has explained the fuss over the accords and shed light on Iran's strategic shift towards the East.
The 18-page Persian-language document envis [...]
The emergence of the first vaccine against the coronavirus infection has sparked interest across the globe, as the drug promises not only an end to COVID-19-related deaths, but also a path to restoring a country's economy.
After almost half a year of the battle against the coronavirus, a real ray of hope has appeared with the announcement of the first COVID-19 vaccine being registered in [...]
The European Union urgently requires financial injections to stay afloat and survive the coronavirus epidemic currently ravaging the continent, the European commissioner for economy, Paolo Gentiloni, has warned. A whopping €1.5 trillion ($ 1.63 trillion) could be needed to “deal with this crisis,” Gentiloni told Der Spiegel ahead of the EU leaders summit on the crisis sparked by the outbreak [...]
As organizations like the IMF and the UN warn that this is the worst economic crisis since the Great Depression, the US central bank has once again decided to pump trillions of dollars into the economy.
RT’s Boom Bust talks to the CEO of Transformity Research, Tobin Smith, who has been sounding the alarm lately, saying that the economic downturn in the United States is not due to the corona [...]
Having bragged repeatedly of America’s energy independence, President Trump must confront the harsh realities of a global oil market no longer able to sustain inefficient US oil producers as he prepares to negotiate with the G20. The global economy struggles to adapt to the one-two punch of reduced oil demand brought on by the coronavirus pandemic and the Russian-Saudi Arabian price war, which h [...]
Despite the impact Covid-19 has had on the global economy, the US is seeking more funding to counter and confront China in the Pacific, as well as enhancing its military preparedness for scenarios involving nuclear warfare. The coronavirus outbreak has impacted the global economy in a unique and unprecedented fashion unseen since World War II. Around 63 percent of Japanese businesses have projecte [...]
Just last year, the US topped a list of the countries best equipped to deal with a pandemic. But the experts have egg on their face as America spirals into Covid-19 catastrophe. What went wrong? It looks clear now that the US is going to be one of the countries worst affected by the coronavirus pandemic. Their stock market has gone into full blown meltdown, and is set for its worst quarter of all [...]
The US Senate and the White House have reached an agreement on a $2 trillion relief plan to buffer the economy as fears of a deep global recession continue to mount amid the coronavirus outbreak.
RT’s Boom Bust is joined by Todd Horwitz of Bubba Trading to discuss the measure and its impact on financial markets.
Horwitz says that the stock markets’ positive reaction looks like a short [...]