European sanctions on Russia have hurt the EU far more than Russia. Moreover, Europe has lost key machinery contracts to China, and those contracts will likely stay with China even after sanctions are lifted.
Of all the fast-growing BRIC countries, only India stands strong right now. Its economy seems perfectly structured to handle our delicate, and dangerous, global market.
If you ever needed proof that the financial press has been completely indoctrinated in the cult of Keynesian central banking consider the attached Bloomberg note on the recent tiny decline in Chinese industrial company profits.
The successful remonetisation of gold by a major power such as Russia would draw attention to the fault-lines between fiat currencies issued by governments unable or unwilling to do the same and those that can follow in due course.
"We will not be cowed by these sick terrorists," said British Prime Minister David Cameron after ISIS produced a grisly video of the mass beheading of Syrian captives by foreign jihadis who allegedly included British fighters.
In May, 2013, a British Army soldier, Lee Rigby, was killed on a suburban London street by two Muslim British citizens, who said they were acting to avenge years of killings of innocent Muslims by the British military in, among other places, Afghanis
TAIPEI/HONG KONG (Reuters) - Ever since a civil war split the two sides more than 60 years ago, China has viewed Taiwan as a renegade province that needs to be absorbed into the mainland. To that end, the legion of Taiwanese businessmen working in Ch
TOKYO (Reuters) - Japan is considering creating a government-backed financing arm for weapons exports, a move that would accelerate Prime Minister Shinzo Abe's shift away from the country's pacifist past and strengthen Tokyo's regional security ties
The Kenyan economics expert James Shikwati, 35, says that aid to Africa does more harm than good. The avid proponent of globalization spoke with SPIEGEL about the disastrous effects of Western development policy in Africa, corrupt rulers, and the ten
Numerous Taliban attacks rocked the Afghan capital city of Kabul today, with explosions and gunfire reported several times across the Wazir Akbar Khan district, where many foreign embassies are.
Tom Kloza, global head of energy analysis for the Oil Price Information Service, said without a substantial cut to mollify selling pressure, crude prices are likely to continue falling.
Right now, Putin is selling Russian oil and gas only for physical gold. He still accepts US dollars, but he immediately exchanges all these dollars obtained from the sale of oil and gas for physical gold!
In 1971, US President Richard Nixon closed the 'gold window', ending the free exchange of dollars for gold, guaranteed by the US in 1944 at Bretton Woods.
In 2010, it was reported that the Russian Parliament was considering loosening the Russian law on self defense, to allow Russians who legally own firearms to carry them for the purposes of self defense.
"Anal plug or tree?" Printemps Français pondered on Twitter. "Place Vendôme is disfigured... Paris is humiliated!" On top of this, an unknown assailant allegedly attacked McCarthy during the installation of the piece, "screaming that his sculpture
French industrial group DCNS charged with delivering two Mistral-class helicopter carriers to Russia has agreed a new deadline of November 27th to hand over the first ship, according to Russian media reports.
In a few days the Swiss people will go to the polls to decide whether the Swiss central bank is to be required to hold 20% of its reserves in the form of gold.
One searches almost in vain for honest reporting on the Ukraine conflict in the US corporate media, which is simply parroting the US government position, which is that the rebels in eastern Ukraine are simply tools of Russian aggression against Ukrai
President of the Generalitat of Catalonia, Artur Mas i Gavarró, his deputy, and his education minister face prosecution by the Spanish Government for alleged civil disobedience, abuse of power, usurpation of duties, and embezzlement of public funds
In another example of the diminishing freedom of the press in Turkey, Yurt newspaper reporter Meriç ?enyüz and Ulusal Kanal reporter Özer Sürmeli received sentences of six and five months respectively for their reporting of a December seventeent