STRATEGIC ALERT Service

The IMF and World Bank have become the private piggy bank of the Ukraine war. According to Ukrainian Prime Minister Denys Shmyhal, the World Bank and its partners have mobilized $34 billion to help Ukraine, of which more than $22 billion has already been received, as reported by Reuters July 20. The last transfer to Ukraine, a 1.5 billion dollar […]

The London Economist has provided a sample of the nightmares that motivate Britain’s drive to war. They concern potential developments that would make the current world order, based on the power of the City of London and Wall Street, irreversibly defunct. The first nightmare is described under the headline “What Would Europe Do If Trump Won?”, in an article published […]

Democratic presidential pre-candidate Robert F. Kennedy, Jr. has been slammed with an across-the-board media assault, inside and outside the U.S., charging him with anti-Semitism, based on remarks he made at a July 11 press event, subsequently reported in the July 15 New York Post by journalist Jon Levine. The attacks have gone viral. The supposed proof of his anti-Semitism was […]

At the Schiller Institute international conference in Strasbourg (cf. AS 29/23), former Italian undersecretary for Economic Development Michele Geraci refuted criticism coming from pro-NATO circles of the Belt and Road Memorandum signed between Italy and China in 2019. One of those arguments, still pushed by forces hostile to the renewal of the Memorandum, is that joining the BRI means “to […]

Mrs. Tatjana Zdanoka, a European Parliamentarian from Latvia, and member of the Latvian Russian Union, gave a presentation to the July 8-9 Schiller Institute conference, based on her personal experience, on the campaign to “dehumanize” all Russians now raging in the Baltic states. In her view, the “burning hatred of everything Russian” in her country as well as in Estonia […]

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 […]