Month: May 2022

The Foreign Ministers of the G7 together with the EU’s top diplomat released a virtual declaration of war against Russia, at the end of their May 14 meeting on the Baltic Sea in Germany. Their statement, as usual, accuses Moscow of bearing sole responsibility for the escalation in Ukraine and makes no offer of negotiations. It asserts: “We will never […]

One of the key components of the “all-everything” bubble is the highly leveraged U.S. stock market – and deleveraging is on. The fall of the stock market is very similar to that of 2007, when it slid week after week, and month after month, before abruptly collapsing around the Lehman insolvency crisis. As for today, the Dow Jones just closed […]

European Union policy towards Russia energy supplies is a combination of the foolish behavour exposed by Aesop and Phaedrus. On the one side, they steal Russia’s foreign reserves and accuse Moscow of not wanting to pay in euros (The wolf to the lamb: “How dare you trouble all the flood?”); on the other side, they keep repeating that Moscow is […]

The cohesion of the three-party government coalition of Chancellor Olaf Scholz is undermined by many serious frictions — ranging from issues of economic and social policy to differences on how to respond to the war in Ukraine. The dominant impression on the latter is that Scholz is turning Germany into a party to the war, by giving in to the […]

Following the very short lead of Emmanuel Macron in the first round of the presidential elections, who received 30 % of the votes against the sizeable score of 23% for Marine Le Pen and 22% for Jean Luc Mélenchon, Solidarité & Progres President Jacques Cheminade immediately recognized the emergence of a new majority. This « popular bloc », he said, was not between […]

Within days after Russia launched its “special military operation” in Ukraine on Feb. 24, the West unleashed what it called “the largest sanctions in history,” including the “nuclear financial option”, which involved banning seven Russian banks from the SWIFT financial system. A few weeks later, U.S. Secretary of State Antony Blinken announced that, as a result of those sanctions, the […]

Amidst the many demands made on all countries but their own by the G7’s Foreign Ministers at their May 14 meeting (cf. above), they issued an outrageously insulting statement on China to which Beijing gave a swift and stinging response. The G7 officials call on China “not to assist Russia in its war of aggression” or “undermine sanctions imposed on […]

Diane Sare of The LaRouche Organization is running for Senate in New York State against incumbent democrrat Sen. Charles Schumer, a leading proponent of the “war party” and the Green New Deal in the United States. She released a video statement on May 15, in response to the senseless slaughter of ten people in Buffalo one day earlier, by a […]

The world witnessed two major events on May 9: the traditional parade in Moscow, on the anniversary of the victory over Nazism in WWII, and the simultaneous Europe Day in Strasbourg. Two events, two world views: the geopolitical conception of “blocs” armed against each other vs. international law based on sovereign nations. The irony is that whereas weapons were exhibited […]

Pope Francis set off a storm of protest by suggesting in an interview to Corriere della Sera published May 3 that NATO might share responsibility for the ongoing conflict in Ukraine. While clearly denouncing the “atrocities” of the war, he noted that NATO had been “barking at Russia’s gate”, in other words engaging in hostile provocations of Moscow. However, outside […]