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Russia, China and BRICS: A New Gold Trading Network
Russia, China and BRICS: A New Gold Trading Network One of the most notable events in Russia’s precious metals market calendar is the annual “Russian Bullion Market” conference. Formerly known as the Russian Bullion Awards, this conference, now in its 10th year, took place this year on Friday 24 November in Moscow. Among the speakers […]
“It’s A Huge Story”: China Launching “Petroyuan” In Two Months
“It’s A Huge Story”: China Launching “Petroyuan” In Two Months As a reminder, nothing lasts forever… The World Bank’s former chief economist wants to replace the US dollar with a single global super-currency, saying it will create a more stable global financial system. “The dominance of the greenback is the root cause of global financial […]
World War III Has Begun
World War III Has Begun The Third World War is currently being fought. How long before it moves into its hot stage? Washington is currently conducting economic and propaganda warfare against four members of the five bloc group of countries known as BRICS—Brazil, Russia, India, China, and South Africa. Brazil and South Africa are being […]
Washington Launches Its Attack Against BRICS
Washington Launches Its Attack Against BRICS Having removed the reformist President of Argentina, Cristina Fernandez de Kirchner, Washington is now disposing of the reformist President of Brazil, Dilma Rousseff. Washington used a federal judge to order Argentina to sacrifice its debt restructuring program in order to pay US vulture funds the full value of defaulted […]
Behind Brazil’s ‘Regime Change’
Behind Brazil’s ‘Regime Change’ Government “corruption” – trumpeted by international media and exploited by U.S.-funded NGOs – is a favorite weapon for discrediting and removing populist leaders, as is now occurring in Brazil, explains Dan Steinbock. While international media focuses on Brazil’s mass demonstrations against corruption, efforts behind the façade precipitate regime change, restoration of a pre-Lula order, and […]
World Trade Collapses Most Since Crisis
World Trade Collapses Most Since Crisis One question now dominates the global macro discussion: has subdued global growth and trade become the norm in the post-crisis world? That is, have lackluster growth and trade become structural and endemic rather than transient and cyclical? Those are the burning questions that keep central bankers (not to mention […]
Ifo WorldEconomic Climate Index: 1Q 2016
Ifo WorldEconomic Climate Index: 1Q 2016 Global growth leading indicators are screaming it, Baltic Dry Index is screaming it, PMIs are screaming it, BRICS are living it, and now Ifo surveys are showing it: global economy is heading into a storm. The latest warning is from the Ifo World Economic Climate Index. Per Ifo release: […]
The Global Economic Reset Has Begun
The Global Economic Reset Has Begun In my last article, I outlined the deliberately engineered trend toward the forced “harmonization” of national economies and monetary policies, as well as the ultimate end goal of globalists: a single world currency system controlled by the International Monetary Fund and, by extension, global governance, which internationalists sometimes refer to […]
Snowden leaks reveal harmfulness of US monopoly on internet – Russian minister
Snowden leaks reveal harmfulness of US monopoly on internet – Russian minister Minister of Communications and Mass Media of the Russian Federation Nikolai Nikiforov © Vitaliy Belousov / RIA Novosti The NSA’s mass surveillance would not be possible if the internet wasn’t controlled by just a few major US companies, Nikolay Nikiforov, Russia’s communications minister, […]
It’s Not If But When
It’s Not If But When Since the 2008 crash there has been much talk about how the fundamentals have not been dealt with and the fact that the can has only been kicked down the road. Political mavericks and commentators such as Ron Paul have frequently pointed out that nothing has really changed and that […]
Cristina Takes on Financial Times in Multi-Platform BRICS Tirade
Cristina Takes on Financial Times in Multi-Platform BRICS Tirade Cristina has been on the media warpath against a perceived attack on emerging markets. This Monday, Cronista republished (in Spanish) an article from the Financial Times titled, “Emerging Markets: Fixing a Broken Model.” The article is long, a bit on the dry side, hardly sensational and […]
The Great China Ponzi—-An Economic And Financial Trainwreck Which Will Rattle The World
The Great China Ponzi—-An Economic And Financial Trainwreck Which Will Rattle The World There is an economic and financial trainwreck rumbling through the world economy. Namely, the Great China Ponzi. In all of economic history there has never been anything like it. It is only a matter of time before it ends in a spectacular collapse, leaving the global […]
