Global Meltdown

Students as Touchstone of Civilization’s Development

Gregory TINSKY (Russia) Recent protests of British students, which had developed into the mass disturbances, attracted the attention of various commentators, trying to figure out the reasons of what happened and link these events to the political-economic situation in Europe. Events that took place in Great Britain this November have […]

China and US: a Clash of Interests

Strategic Culture Foundation (Russia) Two events which had been anticipated for quite long took place in the U.S. shortly before the G20 summit in Seoul. On 2 November the Democrats lost control of the House of Representatives, and on 3 November the U.S. Federal Reserve announced that it would pump […]

US Could no Longer Save World Economy

Mikhail Khazin (Russia) The Marshall Plan era had already passed. The US is no longer able to save the world economy. It can be proved by the contemporary system of the division of labor. Meanwhile, it explains why China’s abilities are limited and it is not capable of boosting the […]

US Dollar vs. Yuan: Reasons Behind the Conflict

Alexander SALITZKI (Russia) Debates between the US and China over the valuation of the yuan are currently gathering momentum. A new campaign of pressure on Beijing is initiated by the US Congress which proposed a bill authorizing the government to slap duties on China’s imports based on the view that […]

Weak Europe

Andrei KONUROV (Russia) The world is facing a second wave of the global economic meltdown, with Europe being in the front line of it. And no matter how hard the European officials try to calm the world by saying that the European Central Bank is able to solve all financial […]