The US is aggressively pushing NATO allies in Europe towards sanctions, while some of them are resisting for their own economic interests because it is harmful to them, Sara Flounders, the head of the International Action Center told RT. [...]
Total US debt soars to nearly $60 trn, foreshadows new recession! The Federal Reserve Bank of St. Louis released the current data for the total debt in the United States Economy on June 5, 2014 — All Sectors; Credit Market Instruments; Liability, Level (TCMDO). While people, companies, and governments blamed bad weather for a dismal showing in economic activity, it appears they had little troubl [...]
The "Power of Siberia" is much more than a 30 year Sino-Russian gas/pipeline deal. Paying for the process accelerates the vogue to reduce dollar pricing. That, not the energy supply, will become the most acute threat to US economic hegemony. [...]
Nearly half of unemployed Americans are on the verge of completely giving up on looking for a job, but they remain optimistic they will find a job they really want within the next six months, a new survey found. [...]
A specter is haunting Washington, an unnerving vision of a Sino-Russian alliance wedded to an expansive symbiosis of trade and commerce across much of the Eurasian land mass - at the expense of the United States. And no wonder Washington is anxious. That alliance is already a done deal in a variety of ways: [...]
Russia-China cooperation has reached its highest level ever, Russian President Vladimir Putin has said in an interview with Chinese media on the eve of his visit to Shanghai, where a record package of documents is expected to be signed by the two nations. [...]
US and EU diplomats have said they will help Ukraine cut back on Russian gas, and also promised to help diversify the Russian-dominated European energy market, a difficult long term task for energy-dependent EU countries. US Secretary of State John Kerry, EU foreign policy chief Catherine Ashton and other energy advisers met in Brussels on Wednesday for an energy summit. [...]
Hunter Biden, son of US VP Joe Biden, is joining the board of directors of Burisma Holdings, Ukraine's largest private gas producer. The group has prospects in eastern Ukraine where civil war is threatened following the coup in Kiev. [...]
A historic, long-term deal for the delivery of Russian gas to China that has been 10 years in the making is 98 percent ready, Russia's Deputy Energy Minister Anatoly Yanovsky has said. All that's needed are the two countries' signatures, he added. [...]
The IMF has approved a $17 billion loan to Ukraine. The first $3.2 billion tranche has arrived on Wednesday. It’s essential to identify the conditions attached to this Mafia-style “loan.” Nothing remotely similar to reviving the Ukrainian economy is in play. The scheme is inextricably linked to the IMF’s notorious, one-size-fits-all “structural adjustment” policy, known to hundreds of [...]
It is ridiculous of Ukraine to accuse Russia of using the gas weapon because the Russians are simply charging normal market prices, Srdja Trifkovic, Foreign Affairs editor at 'Chronicles' magazine, told RT. Ukraine's economy is in a shambles and its people are suffering. Is it morally justified to turn the taps off? [...]
European lawmakers are calling into question the ability of the Troika to effectively deal with the crisis, and many are attacking its methods. An investigation report due in April will look at the handling of the Greek sovereign debt debacle. [...]
Philosopher, plutocrat, poseur or perfectionist investor, George Soros has a remarkable pedigree for prophecy. His latest assessment? The euro may kill the EU itself. Thanks to his investment acumen, George Soros is doubtless the richest philosopher in history, a position which has allowed him to bankroll all manner of activities from sponsoring Xerox machines in the Soviet bloc during the cold wa [...]
Washington's decision to provide financial aid to the coup-appointed government of Ukraine goes against the US laws, Russia's Foreign Ministry said, urging American politicians to think about the consequences of supporting the radicals in Kiev. Ukraine’s ousted president, Viktor Yanukovich, said on Tuesday that the US plans to loan $1 billion to the country’s new authorities are illega [...]
A record number of Americans renounced their citizenship or green cards in 2013, according to new data that may draw a complicated picture for US tax assessors who impose financial obligations on citizens living outside the country. [...]
China has outpaced India in terms of gold consumption in 2013, with people there increasingly investing in the precious metal, according to the Thomson Reuters GFMS Gold Survey. The influential report says Chinese demand increased by 32 percent within a year, reaching 1,189.8 tons in 2013, which marks a fivefold increase since 2003, says the Financial Times. [...]
No doubt 2013 will go down as Barack Obama's annus horribilis. The President of the United States (POTUS) currently faces a 55 percent disapproval rating on "the way he is handling his job," according to the latest Washington Post-ABC poll. [...]
Monday 23 December marks the 100th Anniversary of the creation of the Federal Reserve System - the Central Bank of the United States of America. The mainstream media are keeping remarkably quiet about this key milestone. [...]
Germany's Bundesbank plans to store half the national gold reserves in its own vaults by 2020. It will mean the return of 700 tons of the precious metal from the US and France [...]
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