Author: Christine Schier

The July 26 coup in Niger is the latest manifestation of the rejection of the West’s Malthusian policy sweeping over the global South. It is the fourth coup in West Africa, that has nearly liberated francophone Africa from France. On Aug. 6, Niger’s military leaders addressed a rally of tens of thousands of supporters in the national stadium. The same […]

On August 22-24, the BRICS Summit will be held in Johannesburg, South Africa, and despite ongoing blackmail and pressure tactics coming from London and Washington, the heads of state or government of Brazil, Russia, India, China, and South Africa will take up their agenda of: 1) the expansion of the BRICS into “BRICS-Plus,” establishing the mechanism for inclusion of the […]

Kremlin spokesman Dmitry Peskov, quoted by RT on Aug. 4, brought some clarity to the widely discussed issue of a “BRICS” currency. Introduction of a single BRICS currency is impossible right now but this does not mean that the issue should not be discussed, Peskov said. “Certainly, expert discussions are underway about the possibility, expediency and feasibility of plans to […]

The IMF’s most recent placing of Germany at the tail end of leading industrial nations, with a minus 0.3% GDP growth in 2023, is just one spectacular indicator of the deepening depression in the country. The assessment of the Munich-based research institute Ifo, a member of the government’s chief economic advisory council, is that “the situation of the German economy […]

Responding to the massive terror propaganda blaming human activity for the “unprecedented” extreme weather with storms in northern Italy and high temperatures in southern Italy (and southern Europe), the Italian Clintel group issued a statement July 30 refuting the campaign and characterizing climate policies as destructive. The statement is signed by Uberto Crescenti, Professor Emeritus of Applied Geology, University of […]

The over-hyped NATO Summit finally took place last week in Vilnius, Lithuania, with the expected talk about the “victory” of the West’s “rules-based order”. The reality, however, is that we have arrived at the end of the era in which the “unipolar world” was hegemonic and undisputed. The NATO final communiqué contains the standard attacks on Russia as the enemy […]

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 […]