Tag: US Dollar

The War on Terror Is Over?

We have already noted at the mayhem of 2011 Middle East-North Africa protests that Muammar Gaddafi fighting pro-Al-Qaeda Islamists is now replacing Ben Laden as incarnation of ‘absolute Evil’ in mainstream media. On May 1, 2011 we got a logical consequence of this political trend: President Obama has declared Osama […]

Can BRICS Soften Dollar Crisis?

On April 10, in an interview with a CNN host and political observer Fareed Zakaria, the former secretary of state James Baker, when he was speaking about the current global changes, said the following: “The biggest challenge facing the U.S. isn’t turmoil in the Arab world. It’s our debt bomb”. […]

Libya: ‘Winged Democracy’ in Critical Tail-Spin

Global war-mongers are seemingly in deep frustration. Despite huge investments in ‘people opposition movement’, disinformation campaign and eventual direct foreign intervention in Libya, the ‘anti-Gaddafi project’ has come to obvious deadlock. That looks quite surprising. Regular Libyan army beats the ‘rebels’ despite three weeks of constant NATO bombardments and heavy […]

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 […]

This Is How the Old World Ends

Maksim Kalashnikov (Russia) The second global crisis tsunami: the Group of Seven and Greece. When will the national debt bubble burst? The national debts of the rich Western countries are growing rapidly. The IMF has sounded the alarm: they will reach 110% of total GDP by 2014. The forecasts of […]

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 […]