STRATEGIC ALERT Service

Statements by Russia’s executive director to the IMF, Aleksey Mozhin, to RIA Novosti on May 3, on the possibility of a collapse of the global monetary system and on the work-in-progress for a BRICS unit of account have sparked a debate, including speculations that this will be announced at the October 22-24 BRICS summit in Kazan. In an exclusive interview […]

As a reaction to the weaponization of the US dollar referred to by Jeffrey Sachs, BRICS member countries have increasingly shifted to financing bilateral trade in local currency, notably among the three largest: China, India and Russia. In a May 15 interview with Xinhua on the eve of his visit to China, Vladimir Putin pointed out that Russia-China turnover had […]

On May 14, the Biden Administration announced new tariffs as high as 100% on Chinese electric vehicles, as well as additional import taxes on other Chinese goods, including semiconductors. Washington’s justification? China practices “overcapacity” and “unfair competition”, and its exports threaten US manufacturers. Three days later, the US Department of Homeland Security (DHS) announced the addition of 26 China-based textile […]

The extent of the urgent need to overhaul Germany’s infrastructure has been calculated in a joint study carried out by two researchers from the German Economic Institute (IW), which is close to the employers association, and two from the Macroeconomics Policy Institute (IMK), which is close to the trade unions. The study, published in the IMK News Brief 168, puts […]

The Parliament of Georgia adopted May 14 the “Transparency of Foreign Influence Act” which requires non governmental organizations (NGOs) receiving over 20% of their funding from abroad to register as foreign agents. Those NGOs that don’t register will be fined. President Salome Zourabichvili, who is very much pro EU and pro NATO, vetoed the bill, but her veto will most […]

The City of London’s media, as we know, tend to be the most open when it comes to expressing the intentions (and illusions) of the main shareholders of the transatlantic “rules-based order”. That is certainly the case in the introduction to The Economist’s cover story this week, written by its editor-in-chief Zanny Minton Beddoes. “When I joined The Economist in […]

The Royal Institute for International Affairs (RIIA), the British monarchy’s choice foreign policy think tank, published an article May 10, calling on the U.K. to go full steam ahead in confronting Russia. “Backing down in the face of Russian threats is the worst option”, writes the Institute’s Senior Consulting Fellow Keir Giles, it’s better to join France in its policy […]

At the weekly internet meeting of the International Peace Coalition on May 10, several speakers brought up the recent provocative statements about defeating Russia coming from the UK, the US and France, as well as the announcement by the Russian Defense Ministry of an exercise to test the deployment of tactical nuclear weapons. Col. Richard H. Black (ret.), former head […]

On May 11, the Israel Defense Forces (IDF) issued an “urgent warning” to residents of central Rafah to immediately evacuate the area, which would soon become a “dangerous combat zone”, and go immediately to the “humanitarian zone” in the coastal area of Al Mawasi. Likewise, Palestinians in the northern Gaza camp of Jabalia, have been told to evacuate to Gaza […]

With 143 yeas, 9 nays and 25 abstentions, the UN General Assembly passed a draft resolution in a special session May 10, stating that “the State of Palestine is qualified for membership in the United Nations” under its Charter rules. This initiative was motivated by the fact that the UN Security Council had failed to grant Palestine full membership on […]