Month: July 2023

Drawing on the “painful experience” of his nation, Cambodian Prime Minister Hun Sen has called on U.S. President Biden and Ukrainian President Zelenskyy not to use cluster munitions in Ukraine. “It would be the greatest danger for Ukrainians for many years or up to a hundred years if cluster bombs are used in Russian-occupied areas in the territory of Ukraine,” […]

The great fear of the U.S. war hawks — that a “left-right” convergence against NATO’s war against Russia will occur — is being realized, triggered by the Biden administration’s decision to ship cluster munitions to Ukraine. In a vote last week in the U.S. House of Representatives, 49 Democrats joined with 98 Republicans to support an amendment opposing the sending […]

As expected, one year of interest rate increases, combined with a self-induced energy price shock and the disruption of supply-chains, is producing mass insolvencies. The first sector to be hit is the home loan market, as homeowners must pay the mortgage rate every month – different from companies, where losses surface every semester. On the other hand, bank losses on […]

You would certainly be accused of telling a bad joke, if you were to claim that the European Commission had just named as chief economist of the EU’s Directorate General for Competition… a citizen of the United States. But it’s true. The nominee is American economist Fiona Scott Morton, a professor at Yale University who has worked as a regular […]

Just as German industrial companies are looking for other countries, particularly China, in which to produce what is becoming impossible to manufacture at home because of the cartel of Greens and bureaucrats, the German Foreign Ministry has released its New China Strategy. The 64-page strategy paper, presented on July 13, pays lip service to Germany’s defense of the one-China policy […]

Italian economist and former Undersecretary in the Ministry of Economic Development Michele Geraci was a featured speaker of Panel I of the Schiller Institute in-person conference that took place on July 8-9 in Strasbourg, France (cf. SAS 28/23), on the need for European nations to join with the Global South in creating a new paradigm in international relations. When he […]

While the attention of the world media during the second week of July was focused on the war preparations of the NATO Summit in Vilnius, halfway around the world, meetings in Jakarta (Indonesia) involving ASEAN (Association of South East Asian Nations) and its Asian neighbors were about to focus on peace-making. Russian Foreign Minister Sergei Lavrov, who has been “iced […]

The President of Egypt, Abdel-Fattah El-Sisi, has launched a major effect to end the raging conflict in Sudan between the National Army of Sudan and the paramilitary Rapid Security Force (RSF), that has led to 2.2 million Sudanese fleeing the country and over 3,000 deaths. Following the total failure of the various initiatives backed by the U.S., the U.K. and […]

We are devoting our issue this week to the extraordinary conference held by the Schiller Institute in Strasbourg, France, on July 8-9, 2023, under the banner of the title above. Being the first in-person international conference in three years, following the Covid pandemic, the spirit was all the more optimistic and combative. The proceedings were organized in five panels, with […]

The third speaker of the panel was H.E. Ilya Subbotin, Minister-Counselor of the Embassy of the Russian Federation in France, on the topic, “What Russia Really Wants in Its Relations with Europe: Peace or War?” He reviewed, on the basis of his decades-long personal experience as a diplomat in Europe during this time, the history of the collapse of the […]