Chancay-Shanghai Shipping Route Bears Fruit, Despite U.S. Opposition

The Shanghai-Chancay shipping route through the beautiful modern deepwater port which China’s COSCO Shipping built at the Chancay Port near Lima, became fully operational on Dec. 18, 2024 (cf. SAS 47/24). It is the most important Belt and Road Initiative (BRI) project yet in the Western Hemisphere. Two voyages back-and-forth between Shanghai and Chancay now take place weekly, cutting the shipping […]

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A Lesson in History: From Mefo Bills to Cryptocurrencies

The volume of cryptocurrencies literally doubled in 2024, as they have become a common item in the balance sheets of funds and even banks. Although Bitcoin and co. are no currencies, but a sheer speculative object similar to the famous tulip bulbs in 17th Century Holland – or worse, since they are totally immaterial, – the introduction of so-called “stable […]

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Instead of Rearming for the Great War, Create a Global Security Architecture!

Helga Zepp-LaRouche, founder of the Schiller Institute, released a statement March 8, for immediate and widespread international circulation and endorsement. Her appeal denounces Europe’s “elites” for pursuing the failed policies of the past decades, rather than having the courage to reflect on their mistakes and correct them. However, an alternative policy is readily available, she shows. The European Union (EU) […]

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Trump Continues to Deliver in His Role as Disruptor-in-Chief

In a strategic situation largely determined for the moment by the Trump Administration in Washington, Western European leaders are terrified that the emergence of a “multipolar” alliance centered around the United States and Russia, which could also include China, will spell the end of trans-Atlantic dominance in strategic and economic affairs. For the British, this is especially difficult, as their […]

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Sharing of France’s Nuclear Deterrent Is Unacceptable

Since the return of Donald Trump to the White House, French President Macron has been furiously pushing for implementation of a “war economy” in France and in Europe, implicitly offering himself as commander in chief of the effort. But in his televised address of March 5, he went even further in designating Russia as the enemy threatening freedom and democracy. […]

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Germany Rushes to Increase Military Spending Now

In Germany, the draft proposals to create an extra-budgetary fund for defense spending amounting to €400 bn, and an infrastructure fund of €500 bn, are expected to be presented to the Bundestag on March 13 for a first reading. But it is not completely certain that they will be adopted by the required two-thirds majority in the vote on March […]

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The UK-EU Axis Has Not Learned the Lessons of the Suez Debacle

As La Stampa senior correspondent Domenico Quirico remarked in a TV interview, media reports on the meetings organized by Macron and Starmer, without the United States, “look like the newsreels of 1956”, when the UK and France were preparing the Suez fiasco. Indeed, the propaganda against Russia flaunted today by Britain and France, which is used to justify the EU’s […]

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China’s “Two Sessions” Prepare the Country to Meet Global Headwinds

The annual session of China’s National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC), the two bodies of the Chinese legislature, met during the week of March 4. These gatherings, the “two sessions”, traditionally lay out the perspective for the coming year and beyond. This year, in an international context very much influenced by the first months […]

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Africa Needs to Use Its Fossil Fuels, Says U.S. Energy Secretary

A major reversal of U.S. energy policy toward Africa was announced by Energy Secretary Chris Wright at the 10th Powering Africa Summit in Washington, March 6-7. “This [Trump] government has no desire to tell you what you should do with your energy system,” Wright told the high-level representatives of 19 African governments and many businessmen gathered there. “It’s a paternalistic […]

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