There Is Something Worse Than the Eurodollar: Stablecoins

The threat that so-called “stablecoins” represent for bank credit, which we have long warned of, is becoming more and more concrete, leading both the “banking lobby” and central banks to sound the alarm. The latest to do so is the European Central Bank, via its chairwoman Christine Lagarde. Speaking at a Spanish central bank event on May 8, Mme Lagarde […]

Read more

When Diplomacy Momentarily Trumped War

There were two dramatic countdowns in the last week, when there were deadlines issued which in the absence of a short-term resolution, could have resulted in a renewal of deadly warfare. One was Project Freedom, the threat from U.S. President Trump to militarily shut down the Strait of Hormuz to Iranian vessels, the other was from Ukrainian President Zelenskyy, who […]

Read more

House Democrats Introduce Bill to Cut All Funding for Iran War

A group of eighteen House Democrats introduced on May 5 the “No Funds for Iran War Act”, which would bar the use of federal funds for military operations against Iran unless Congress formally authorizes them through an Authorization for the Use of Military Force or a declaration of war. Significant of the shift taking place in American, 14 of the […]

Read more

In Respect to Europe, “Moscow has crossed the Rubicon”

At the International Peace Coalition meeting of May 8, former UN weapons inspector Scott Ritter said that, based on the impression he had from a meeting at the Russian embassy, Moscow has crossed the Rubicon in respect to Europe, and especially Germany. At that Victory Day celebration, the atmosphere was the most militant he had ever experienced from the Russians, […]

Read more

Germany: A Slight Opening in Favor of Talks with Russia

When it was announced on May 4 that the U.S. would not station new missiles in Germany, senior German Social Democrat Rolf Mützenich welcomed the move and proposed that talks begin with Russia on the withdrawal of its missiles from Kaliningrad and Belarus, as a step towards de-escalation. He detailed his view in an article published May 7 by the […]

Read more

Keir Starmer’s Labour Party Hit with Historic Losses

The thrashing delivered to British Prime Minister Keir Starmer and his Labour Party in the May 7 local council elections was worse than anticipated, according to party insiders. There are many calls from within Labour circles, including from some 30 MPs, for Starmer to resign, but he claims that his role is indispensable, including strategically! While the big winner was […]

Read more

Donald Trump and Lula Da Silva Agree, Their Meeting “Went Well”

The first working meeting between U.S. President Donald Trump and Brazilian President Lula da Silva finally took place at the White House on May 7. Both Presidents expressed their satisfaction and exchanged compliments after their three hour meeting, but no joint press conference was held. Clearly, disagreements remain, but working groups have been set up to try and resolve them. […]

Read more

The War on Iran and the End of an Era

Amid all the uncertainties about how the conflict between the United States and Iran will develop, one thing seems certain: the “unipolar world” dominated by the Anglo-American alliance is over. This unprovoked war of aggression against Iran, pushed by a crazed Israeli regime, may well turn out to be greatest strategic disaster of the United States in recent decades, and […]

Read more

What Will Finally Trigger the Blow-Out of the Financial System?

The global “everything bubble” is ripe for explosion, the only uncertainty being when it will happen and what the trigger will be: the private credit bubble, the crypto bubble, the AI bubble, U.S. government debt, or the oil crisis? Or a combination of some of them? * The oil crisis. Darren Woods, CEO of the largest Western oil company ExxonMobil […]

Read more

The Real Cost of This War

Pentagon acting comptroller Jay Hurst told the U.S. Congress on April 29 that the first 60 days of the war against Iran had cost the American people about $25 billion. But this staggering figure only applies to U.S. munitions and operations, explicitly excluding, for example, the damage to U.S. bases. The actual cost for the globe is orders of magnitude […]

Read more
1 2 3 4 207