Saudi Arabia Looks to Join the BRICS

Moves by the five BRICS countries to establish an alternative to the current unstable and unjust international financial system are attracting a growing number of other countries – including from among the West’s erstwhile staunchest allies. Thus, South African President Cyril Ramaphosa stated on Oct. 18, shortly after his two-day state visit to Saudi Arabia, that Prime Minister Mohammed bin […]

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China and 25 Nations Call for an End to All Unilateral Sanctions

On October 19, a Chinese diplomat presented to the United Nations a joint statement issued by 25 countries against the economic sanctions, which have unfortunately become a standard tool of the trans-Atlantic powers to “punish” countries that challenge their policies. In addition to China and Russia, the statement was endorsed by 23 emerging or underdeveloped nations, including nine in Africa. […]

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Breaking Out of the Old World Order

Events of the past week confirm the emergence of a new economic order, together with the growing revolt against the western-dictated “rules based order”. In the Global South, the refusal to be drawn into the geopolitical confrontation with Russia and China is growing, as a non-aligned movement takes form to demand an end to the modern form of colonialism, that […]

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The European Union’s Credibility Sinks and Sinks

The young leadership needed, in particular in the trans-Atlantic world, to bring about the new paradigm in international relations was addressed in an all-day conference held on Oct. 15 by the Schiller Institute both online and at an-person conference in Manhattan. The event, which brought together “next generation” leaders from all the continents, but mainly from the United States, and […]

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Chaos Hits British Markets and Government

It might be unfair to blame Liz Truss for everything, but the “British bond crisis”, as it will be called, unleashed by her draft budget, has opened dangerous cracks not only among British pension funds and banks, but also on the U.S. bond market and among Swiss banks, just to mention the most visible cases (cf. below). Ultimately, British Prime […]

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Financial Contagion Spreads from Britain to U.S. and Switzerland

Despite the backtracking by the British government, yields on the gilt remain high, compared to pre-crisis levels (cf. above). Meanwhile, the crisis hitting them has expanded to U.S. corporate and government bonds. Indeed, to answer the margin calls, UK funds have sold those bonds, so much so that Biden’s Treasury Secretary Janet Yellen warned of a dangerous liquidity crisis on […]

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LaRouche Activists Rip Cover off “Progressive” Democrats Supporting Ukraine War

In a dramatic intervention that quickly went viral, two young associates of the LaRouche Organization ripped the facade off self-proclaimed “Progressive Anti-War Democrats”, exposing their hypocrisy in supporting NATO’s war against Russia in Ukraine. At an Oct. 12 town meeting in the Bronx, New York, Kynan Thistlthwaite and Jose Vega demanded that Alexandria Ocasio-Cortez (AOC) answer for her support for […]

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A New Dynamic Takes Hold in German Protest Movement

All protest activities in Germany – from those well-known such as the predominantly leftist Monday Rallies to new ones — have seen their ranks swell over the past three weeks. However, the most significant growth, both in participants and geographical spread, have been in Germany’s eastern regions, and there, the main drivers are entrepreneurs of small and medium-sized firms and […]

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CCP Congress: “China’s Development Must Remain In Its Own Hands”

On Oct. 16, the opening day of the 20th Party Congress of the Chinese Communist Party, Chinese President Xi Jinping delivered a much-awaited speech, reviewing the achievements accomplished over the past five years since the last party congress, and laying out the path forward for the next five years and beyond. Since 2017, the international environment has hardened dramatically, as […]

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