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Russia arranges final payments to "hostile states"

9 March 2022

The Russian government issued a decree stipulating the means of payment that Russian companies are to adopt with regard to their foreign debtors.
First, it established a list of “hostile states”: Albania, Andorra, Anguilla, Australia, Canada, South Korea, United States, Gibraltar, British (...)

The Western economic system is coming to an end

by Thierry Meyssan

19 October 2021

Producing is no longer enough to live on in the West, while China has become the "workshop of the world". Only those with capital make money, and lots of it. The system is about to collapse. Can the big capitalists still save their fortune together?

China-US high-level talks in Switzerland

8 October 2021

The South China Morning Post revealed that high-level contacts between Washington and Beijing have taken place in Switzerland [1].
US National Security Advisor Jake Sullivan met with Yang Jiechi, former Chinese Ambassador to the US and currenty the Communist Party’s chief diplomat.
The two (...)

Restructuring of global supply chains

21 May 2020

US Secretary of State Mike Pompeo announced that he approached India and the countries of Southeast Asia with a view to restructuring global supply chains.
The aim is not to restore the US trade balance, nor to tackle the consequences of the Covid-19 pandemic, but to thwart China’s (...)

«Current Concerns», n°18, August 12, 2018

Sovereignty and economic globalization

Zurich (Switzerland) | 16 August 2018

The sovereign state is indispensable – especially in a globalised economy, by Marianne Wüthrich / Safeguarding and expanding rights – securing prosperity / US domestic policy sabotages détente with Russiam by Hannes Hofbauer / Words from Helsinki that the world has been waiting for, by Willy (...)

US applies sanctions against Iran

14 May 2018

US President, Donald Trump, has issued the following edict to all countries and private businesses: you have between 90 to 180 days, depending on the sector you’re in, to wrap up all your business with Iran.
– Sanctions on metal, currency, debt and every type of automotive vehicle, will apply (...)

US Treasury Designates Russian Oligarchs, Officials, and Entities in Response to Worldwide Malign Activity

Washington D. C. (États-Unis) | 6 April 2018

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), in consultation with the Department of State, today designated seven Russian oligarchs and 12 companies they own or control, 17 senior Russian government officials, and a state-owned Russian weapons trading company (...)

«Current Concerns», n°3, February 8, 2018

Catholic social teaching

Zurich (Switzerland) | 21 February 2018

“The control mechanisms in the current financial system have become so overwhelming”. Quadragesimo Anno more topical than ever, by Heinrich Wohlmeyer / It’s true: NATO with its eastward expansion has violated all pledges made. Russia’s deepest fears have been realized, by Eric S. Margolis / (...)

Report of the Financial Stability Board to G20 Leaders

Saint Petersburg (Russia) | 30 August 2013

A Narrative Progress Report on Financial Reform
The G20 committed in 2008 to a fundamental reform of the financial system, to correct the fault lines that led to the global financial crisis and to rebuild the financial system as a safer, more resilient source of finance that better serves (...)

France chooses the path of austerity

by Salim Lamrani

Paris (France) | 5 January 2013

Despite the election of socialist François Hollande to the presidency of the Republic, France, far from breaking with the neoliberal model that has led much of Europe toward disaster, has chosen the path of austerity.

Wall Street "secret government" outed

by Les Leopold

6 December 2011

American democracy has been hijacked by a secret government that many researchers have identified as being a powerful oligarchy that manipulates from behind the scenes the very essence of the state, controlling the financial wealth of the country beyond the reach of any State institution. (...)

The future of public debt: prospects and implications

by The Bank for International Settlements ( BIS) , Fabrizio Zampolli, M S Mohanty, Stephen G Cecchetti

12 April 2010

The effects of the economic crisis on the developed countries are much deeper than political pundits would have us believe. Accordingly, in 2011, the United States will have a public debt comparable to its GNP. Due to population ageing in most Western countries, forecasts say that deficits (...)

Ahmadinejad: the United States are guilty of the "greatest robbery in History"

5 March 2010

Speaking before the representatives of the D8 (a group of 8 developing countries made up of Bangladesh, Indonesia, Iran, Malaysia, Pakistan and Turkey), the Iranian president denounced the world financial system.
Mahmoud Ahmadinejad sustained that over the past 30 years the United States (...)

Declaration by Ólafur Ragnar Grímsson about the collapse of Iceland banks

by Ólafur Ragnar Grímsson

Reykjavík (Iceland) | 5 January 2010

Ólafur Ragnar Grímsson
The collapse of our banks and the difficulties following in the wake of the world economic crisis have created profound difﬁculties. Although the Icelandic state has undertaken various liabilities of a magnitude greater than those involved in the Icesave case, (...)

Made in USA

Bernard Madoff: Wall Street Swindler Strikes Powerful Blows for Social Justice

by James Petras

New York (USA) | 26 December 2008

Wall Street broker Bernard (‘Bernie’) Madoff, former president of NASDAQ, revered and respected investor confessed to pulling off the biggest fraud in history, a $50 billion dollar scam. Bernie was known for his generous philanthropy, especially to Zionist, Jewish and Israeli causes.

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