Month: June 2021

Inflation is already a global reality. Consumer prices in April had risen by 2% in the Eurozone (even Germany is at 2.5%), by 3.3% on average in the OECD and 4.2% in the U.S. The Eurozone figures challenge the ECB policy target of “close to, but below 2%”, raising the question of whether the Frankfurt-based bank will change monetary policy. […]

NATO is no longer merely a military alliance engaged in mutual defense of its Atlantic members, it is now a politicalmilitary alliance with concerns and interests across the globe. Such was the message put out by its Secretary General Jens Stoltenberg in a virtual speech on June 4 sponsored by the Brookings Institution and the German Council on Foreign Relations […]

Relations between the European Union and China have been frozen, if not totally ruptured, since the imposition of sanctions by the European Union, the Biden Administration, the United Kingdom and Canada on March 22 over the phony issue of human rights violations in Xinjiang, which were followed by counter-sanctions from China and then the May 22 vote by the European […]

Sir Richard Dearlove, the former head of British secret service MI6, has surfaced yet again to peddle the line that the Covid19 virus was likely “man-made”, and had escaped from the research laboratory in Wuhan. Back in June 2020, he was one of the first to make the claim, while demanding that China be forced to pay reparations worldwide for […]

Ten days before Mexico’s June 6 midterm elections, London’s inimitable The Economist published a cover feature headlined “Mexico’s False Messiah; Voters Should Curb Mexico’s Power-Hungry President.” In its typical nasty style, the weekly laid out why the City of London considered ensuring the defeat of President Andrés Manuel López Obrador’s Morena party in these elections to be a matter of […]

Twitter, as we know, decided to ban former President Donald Trump from using its social platform for time memorial, but Facebook, which suspended Trump’s accounts on Jan 7, 2021, has now decided that a permanent ban is too harsh a penalty, and has agreed to reduce his sentence to just two years. After that time, if Facebook determines that the […]

It was finally announced on May 25 that Presidents Biden and Putin would held their first face to face meeting on June 16 in Geneva. The announcement came after weeks of speculation and rumors during which relations between the two countries continued to plunge. Nonetheless, both sides expressed the hope that the talks would lead to a more stable world, […]

The annual Moscow Academic Economic Forum was held on May 26-27, 2021 under the title “Global transformation of modern societies and the national development goals of Russia,” with the participation of top representatives of the country’s economic and financial institutions. Helga Zepp-LaRouche, founder of the Schiller Institute, was invited to speak online at a panel at the Financial University of […]

Former Chief Economist of ECB Warns of Financial Crash. EU countries have basically already lost their fiscal sovereignty, and are in the midst of a profound systemic change in financial policy, according to former ECB chief economist Jürgen Stark. “In my view, the erosion of national sovereignty in terms of fiscal policy has already occurred,” he assessed, according to Tichy’s […]

On May 26, Switzerland abruptly withdrew from negotiations to expand relations with the European Union over fears of the erosion of national sovereignty. The decision was taken shortly before a June 13 national referendum on the proposed reduction of greenhouse gas emissions, which would increase energy and other prices. The withdrawal is seen as yet another failure for the hapless […]