The emergence of oil-rich Iraq from the ashes of occupation and war, first by the Americans and second by the Saudi-Qatari financed fake Caliphate (whose collapse has been accompanied by an acrimonious divorce between Riyadh and Doha), is directly linked with the rise of a Eurasian axis from Moscow to Tehran to Beijing, first promoted by former Soviet spymaster and Mideast hand turned Russian Prime Minister Yevgeny Primakov back in the 1990s.Continue reading »
It’s the type of grandstanding behaviour you’d expect to see from rival rapper stars. But, no, this one comes from the heart of Europe and we’re just witnessing Act I. Using the venue of the burial of yet another cardinal who “died peacefully,” an ex-Pope lashes out at current Pope. Behind it all, is “somebody” waiting for the implosion before they swoop in and pick up the pieces? Click to hear what the Pope Emeritus Ratzinger really thinks of his successor Pope Francis.Continue reading »
It is the economy, stupid, and the condition of the U.S. economy — of employment, of productivity, of quality of life — is sinking fast.Continue reading »
Several days have passed since President Donald J. Trump’s first meeting with Russian President Vladimir Putin at the G20 in Hamburg. Along with the handshake and two hours plus meet and greet open to cameras, the two world leaders also met with more privacy before midnight local time at dinner. After the legacy media breathlessly reported this second Putin-Trump face to face conversation based on Eurasia Group President Ian Bremmer’s claim Monday that only the Russian leader’s interpreter was nearby, an angry Trump tweeted that the press pool and G20 leaders had known all about Mr. Bremmer’s ‘scoop’ and failed to report it earlier.
The latest #TrumpRussia ‘scandal, combined with the instant leak of a transcript of Trump’s phone call with British Prime Minister Theresa May, in which the President reportedly sought to avoid British venues open to protesters in an upcoming visit to the UK, magnified the impression of chaos in Washington. The fact that the President’s own party majority in Congress also failed to agree on an Obamacare replacement bill this week only underscores the general sense of disarray and backbiting in the undrained D.C. swamp.
The American Deep State meanwhile, through its mouthpieces like the Council on Foreign Relations (CFR) published journal Foreign Policy and the James Comey leaks-cheerleading Lawfare, is pushing the ludicrous line that Donald Trump Jr’s useless meeting with a few (likely Fusion GPS dodgy dossier authoring firm linked) Russians in June 2016 constitutes a violation of the 1917 Espionage Act. Looking at the fanatical opposition any rapprochement with Russia faces in Washington, it’s little wonder that the Kremlin and its Chinese allies are, in the words of The Sirius Report’s London Paul texted to me, losing patience with the idea that a besieged, confused or infiltrated Trump White House can deliver anything of substance.Continue reading »
“The big Achilles’ heel is the economic financial policy of Trump. Seven months into his Presidency, he has not yet done anything which would really carry the message that he means it in terms of his election promises — Glass-Steagall, the American System, Alexander Hamilton, Lincoln, $1 trillion investment in infrastructure. That’s probably still what he intends to do, but it still hasn’t happened yet. He only has appointed about one-third of the people who should fill posts in various departments like the State Department and other departments. And he still has people like [Secretary of the Treasury Steve] Mnuchin there, and it’s clearly the weak flank.”
“We are under the Damocles Sword of a collapse worse than 2008. There are many voices apart from our own warning that all the tools of the central banks have been used up; quantitative easing has just led to an increase of the profits of the speculators at the expense of the common people. The gap between rich and poor has been widening; the corporate debt, the state debt, all of these factors are much worse than 2008. If this thing would collapse, you would have chaos instantly. We are not away from the danger of the threat to the existence of civilization. The NATO maneuvers are still taking place, and that is still a source of danger. But right now, the biggest danger is the collapse of the system leading to instant chaos.”
— Helga Zepp-LaRouche, July 16, 2017Continue reading »
Russia is making efforts to create a quantum computer. Late last year, two leading Russian quantum computing research institutes, the Russian Quantum Center and the MISiS National University of Science & Technology, also announced a joint project known as Quantum Center.
Also last year, Russian corporation Rosatom, the Foundation for Advanced Studies and the Ministry of Education and Science signed onto a joint three-year project on the development of a quantum computer.
In a recent interview, Dr. Chad Rigetti, a former member of the IBM’s quantum-computing research group and now the CEO of his own company, Rigetti Computing, stated that “computing superiority is fundamental to long-term economic superiority, safety and security.” According to Rigetti, the US must have a strategy that views quantum computing as a way to regain American superiority in high-performance computing.
But according to military observer and RIA Novostu contributor Ilya Plekhanov, “it is believed that investments into the development of quantum computers by companies such a Microsoft, Intel, IBM, D-Wave and Google make the US the leader in this field. But such confidence may be deceiving.”Continue reading »
In April 2016, a study was conducted, exclusively for the Zeit newspaper which stated that the refugee programme could cost Germany up to 400 billion euros. The results of the study, carried out by the Mannheim Centre for European Economic Research suggested that the economic impact of the refugee crisis largely depends on the degree of the economic integration of the refugees. A government report at that time suggested that Germany might expect to receive as many as 3.6 million refugees by 2020, with about half a million people arriving each year until that time.Continue reading »
What does legendary investor Jim Rogers know about the Russian economy that Washington’s sanctions hawks ignore? RogueMoney regular contributor London Paul had the answer back in February 2017 — agro-business has been booming across Russia, in part thanks to Moscow’s counter-sanctions on EU food stuffs that have boosted domestic producers.
Back on June 6, 2017 when he was promoting his new book “Street Smarts: Adventures on the Road and in the Markets” the 74-year-old Alabama-raised Singapore resident sat down in New York with Fox Business Network’s Mario Bartiromo and said he’d just returned from the 2017 St. Petersburg International Economic Forum (SPIEF), where he dined with Putin. Rogers says Chinese investors and tourists are boosting a steady Russian recovery from the lows of late 2014 and early 2015.Continue reading »
When Janet Yellen spoke at the last FOMC meeting, she reiterated the central bank’s desire to begin drawing down their balance sheet after close to 8 years of stimulus and bond buying. However, those who pay attention more to actions than from words understand that until the Fed actually begins to start selling their bond holdings, talk from the central bank is little more than the same rhetoric they used when promising a rate hike back in October of 2013, and then never instituting one until two years later.
Yet for just this instance let us take Yellen’s words as truth this time, and expect that the Fed will begin drawing down their balance sheet slowly sometime by the end of the year. And this leads us to ask the unspoken question of…
Who will buy these bonds?Continue reading »