Mobile version Today: 28.01.2015 Last update 01:07 | Select date RUS | ENG | SRB
 
 
home sitemap write a letter facebook twitter
Add to favourites RSS


ONLINE JOURNAL
About us
Authors
Contacts
    War and the Dollar  
    Gas Theft and Auschwitz Snub… Russia’s Every Right to End the Insults  
    Greece Eurozone Exit Is In The Wind. Is it A Harbinger of EU Disintegration...  
  HOME PAGE WORLD BUSINESS HISTORY & CULTURE COLUMNISTS  
 
 
 
EDITOR'S CHOICE
 
Greece: Meaningful Economic Reforms Could Come Through BRICS and Russia?
 
Foreign Troops in Ukraine? You Bet!
all articles
 
 
 
 
NEWS
 
 
Russia's Gazprom eyes first gas via new route to Turkey by 2017...

In Moscow, Syrian opposition agrees unified position on necessity to stop violence...

Ukrainians grow unwilling to serve in the army - media...

White House Says Anti-IS Fight High on Obama-Salman Meeting Agenda...

Putin Says Attempts to Rewrite History Are Driven by Desire to Hide Shame...

Russia Declassifies Auschwitz Liberation Documents...

Russia to respond to possible disconnection from SWIFT - PM...

Libyan PM Reportedly Main Target of Deadly IS Hotel Attack...

FBI: 3 Russians charged with spying, 1 arrested in New York...

Current Iran-Russia Nuclear Development Contract to Remain Priority in 2015...

One civilian killed, 17 wounded in Donetsk shelling - mayor...

Luhansk, Donetsk republics leaders, Kiev discuss resumption of Minsk Contact Group work...

Iran Expects Russia to Honor Contract on Delivery of S-300 Missile Systems...

U.S. drone kills 3 al-Qaida militants in Yemen...

NATO’s “Foreign Legions” Operating in East Ukraine. Vladimir Putin...

all news
 
 
 
FACEBOOK
 
 

 

 
 
 

Valentin KATASONOV

The publication period from     

 

 

Rating Weapon of Economic War

At the beginning of 2015 economic ratings given to Russia’s economy appeared in the West to cover the previous year, offer the forecasts for the current year and even for the period of 2016-2017... On January 13 Fitch rating agency downgraded the ratings of 13 Russian companies, including Gasprom, Lukoil and Russian Railroad Company. At the same time it was reported that Standard & Poor’s, another world rating agency, could soon downgrade the Russia’s sovereign rating to “junk” status. Moody’s, one more agency of the Big Three group, is also expected to join in the virtual game of Russia’s downgrading... The ratings cannot be taken at their face value because they have nothing to do at all with the real state of Russian economy. The «Big Three» ratings are a weapon of economic war unleashed against Russia in March 2014. It’s an instrument of psychological pressure. They are planned as self-fulfilling forecasts... My assessments of the world rating agencies’ products are easy to understand. I believe they are nothing else but the results of manipulations, cheatings, falsifications, racket, the instruments of sanctions, the activities of world cartel, conspiracies and subversive activities...

Valentin KATASONOV | 26.01.2015


 

On the Possible Losses for Banks Should the West’s Economic War against Russia Continue

...Despite the difficulty of a comparison, one can nevertheless argue with some confidence that the foreign assets of Russian banks in the narrow sense of the term (international claims) are significantly less than the total claims of foreign banks on Russian banks and companies. At the same time, however, the foreign assets of Russian banks are located almost exclusively in those countries involved in economic sanctions against Russia. Should the West impose any kind of sanctions on the foreign assets of Russian banks, then this could have a painful impact on the Russian banking system. In this regard, the task of withdrawing Russia’s banking assets from Western countries and moving them to other jurisdictions is crucial, first and foremost to countries in the Customs Union and the Eurasian Economic Union, and then to BRICS countries.

Valentin KATASONOV | 24.01.2015


 

Davos – 2015

The World Economic Forum (WEF) is an independent international organization committed to improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional and industry agendas. The Forum is best known for its annual winter meeting in Davos, a mountain resort in Graubünden located in the eastern Alps region of Switzerland... The Forum appears to be democratic from outside but its activities are more and more questioned every year. More often it comes under harsh criticism. Experts remember that the WEF generated the ideas of economic globalization to meet the interests of transnational corporations. The critical remarks are made on different aspects of the Forum’s activities... Davos-2015 will probably be the most difficult WEF meeting for Russia. It can be the last one. The romance that has lasted between Russia and the West for more than twenty years is over.

Valentin KATASONOV | 22.01.2015


 

War and the Dollar

...World War III will be fundamentally different than anything the world has ever seen. It will begin without an official proclamation. And although we remain unaware until the end, this war has most likely already begun. It will include the use of mercenaries (private military contractors), reliance on support from a fifth column within certain countries, the active use of «Maidan» technology, the involvement of the Washington-controlled media, the proclamation of economic sanctions, etc. This undeclared war is being waged under the guise of a war against terrorism, «radical Islam», «Russian aggression», violations of human rights, etc. etc. Over the course of this undeclared world war, the money masters (the Fed’s shareholders) will resolve all the problems the dollar has amassed... In any event, there is no reason to expect global instability to abate. This instability is a sign of the dollar’s weakness and of the death throes of those who own the Federal Reserve’s banknote printing press. But like a wounded animal they will fight to the end.

Valentin KATASONOV | 21.01.2015


 

Greece Eurozone Exit Is In The Wind. Is it A Harbinger of EU Disintegration Process?

One of the issues to hit the news in early 2015 is the possibility of Greece leaving the eurozone, or, even, the European Union. German weekly Spiegel reported that Chancellor Angela Merkel now believed that the eurozone could cope with Athens leaving the common currency in case the Coalition of the Radical Left (SYRIZA) wins the January 25 parliamentary election. Rejections followed (allegedly Chancellor Merkel said something else) but there is no smoke without fire. The Greece eurozone exit has been in the wind since a long time. On the one hand, it can remedy the eurozone economic situation. On the other hand, the very fact of such a possibility being discussed could be perceived as a harbinger of EU disintegration process about to kick off... 

Valentin KATASONOV | 13.01.2015


 

Colonial Reparations: Initiative of Caribbean States

In the XX century the developing countries tried to change the trend with the help of the USSR. The Group of 77 (the Non-Aligned Movement - NAM) applied efforts to overcome the legacy of colonialism and neo-colonialism. The Declaration for the Establishment of a New International Economic Order (NIEO) on May 1, 1974 meant to be a revision of the international economic system in favour of Third World countries... Today there are some signs signaling the revival of attempts to establish a new world order in the interests of the countries that belong to the periphery of world capitalism. The establishment of BRICS and the consolidation of the periphery countries within the framework of G20 are the examples of such activities... One more initiative to repay the damage inflicted on the poor South by the rich North was put forward in 2013 by the members of CARICOM... 14 Caribbean countries coalescing under the CARICOM banner took a unanimous decision to join forces and demand compensations from former colonies «for the lingering effects of slavery»...

Valentin KATASONOV | 30.12.2014


 

Capital Controls: Global Experience

...In the 1997-1998 the countries of South East Asia had to counter the activities of financial speculators acting in accordance with the prescriptions of the International Monetary Fund. They resorted to currency interventions spending the money taken from currency reserves. With the reserves depleted they turned to world lenders. There they had the International Monetary Fund with its sickly and threadbare Washington consensus dragging them into a vicious circle. All of a sudden one country got out of it. Malaysia led by Prime Minister Mahathir bin Mohamad’ introduced capital controls. It banned currency operations related to cross border capital flows. The measure was a direct challenge to the International Monetary Fund and its backroom owners...

Valentin KATASONOV | 22.12.2014


 

Reparations for Colonialism

...In 2007 the litigation suit was launched at the high court in central London. The Kenyans wanted the UK government to pay them £59, 75 for the atrocities committed by British troops sent to quell the uprising. The veterans of liberation movement were resolute. They said in case of refusal they would go to the International Court in The Hague. Leigh Day issued a claim on behalf of the plaintiffs. In June 2013 the case ended up in an out-of-court settlement of about £19, 9 million pounds (23, 04 million euros). The ruling can be considered as a success though the money is only a third of the sum wanted by claimants. This is a precedent that made the West panic and inspired the developing countries to continue their fight for colonial reparations.

Valentin KATASONOV | 15.11.2014


 

On Rewriting the History of the Second World War and Reviving Reparation Claims

The basic principles and terms of the reparation payments made by Germany and her allies were determined in 1945 at the Yalta and Potsdam conferences. For the USSR, the subject of German reparations was closed in 1953 when Moscow outright refused reparation deliveries from the German Democratic Republic and began paying for them at Comecon (Council for Mutual Economic Assistance) prices. Owing to the division of Germany and a number of other reasons, no general records were even set up for Germany’s fulfilment of its reparation obligations. Today, the German government does not have accurate information regarding its reparations and is using little more than certain expert estimates...

Valentin KATASONOV | 07.11.2014


 

The Internationalisation of the Yuan (II)

...The reserve currency issuing countries have balance of payments deficits. It means that a reserve currency is a trap. Back in the early 1960s Belgian-American economist Robert Triffin said there is a fundamental incompatibility between the attainment of US global economic stability and having a single national currency perform the role of the world’s reserve currency... The dollar started to function as a real reserve currency only when the United States foreign trade deficit became stable...

Valentin KATASONOV | 04.11.2014




1 2 3 4 5 6 7 8 9 10
 
 
 
OUR COLUMNIST
    Melkulangara BHADRAKUMAR

Obama Prefers Arabia to Taj Mahal (II)

...The US desperately needs Saudi cooperation to address the crisis in Yemen... Today, however much he may respect Brzezinski as a guide and mentor on contemporary world politics («Grand Chessboard»), for Obama himself politically, the crisis in Yemen has the potential to snowball into a showdown with the Republican-dominated Congress and derail the US’ talks with Iran and wreck his entire Middle East agenda...

28.01.2015
 
 
 
 
 
 
TAGS
 
 
 
Aeroflot AFISMA African Union Africom AIPAC Al Qaeda Al Shabaab Al-Jazeera ALBA Amnesty International Anonymous APEC Arab League ASEAN ATAKA Atomstroyexport Bank for International Settlements Bank of America Barclays Basel Committee BBC Bilderberg Club Black Bloc Blackwater Boco Haram BP BRICS CARICOM CELAC Center for Responsive Politics CEPAL Chevron CIA CICA CIS Citigroup CNN Committee of 147 Committee of 300 Council of Europe Council on Foreign Relations Crescent Crescent Petroleum CSTO Customs Union DARPA Davos DEA Defense Intelligence Agency DIA Dragon Family E.ON Eager Lion ECOWAS EDA ELNET Enbridge Pipelines ETA EU EULEX EurAsEc Eurasian Union European Commission European Court of Human Rights European Union Exxon Mobil Facebook FAO FARC FATAH FBI FDA Federal Reserve FIFA Financial Action Task Force Financial Stability Board Fitch Franklin Templeton Freedom House FRS FSB FTA FUEN G-4 G20 G7 G8 GATA Gazprom GECF Glonass Goldman Sachs Google Greenpeace GUAM Guardian Gulf Cooperation Council Hague Tribunal HAMAS Heritage Foundation Hezbollah Hizb ut-Tahrir HSBC Human Rights Watch IAEA IEA IHRC IMF International Criminal Court Interpol IOC ISAF Islamic jihad Islamic Revolution Guards Corps ITERA Jamestown Jobbik JP Morgan Jundullah KFOR KLA Ku Klux Klan Liberation Tigers of Tamil Eelam Lukoil Massachusetts Institute of Technology Mercosur Microsoft Missile defense Missile Defense Agency Moody's Morgan Stanley Mossad Most-Favoured Nation Mujahedin-e Khalq Muslim Brotherhood Nabucco Naftogaz NASA Nation of Islam National Security Agency NATO NDAA NDI NED Non-aligned Movement NORAD Nord Stream NORTHCOM Northern Distribution Network NSA OECD Oerlikon OIC OPCW OPEC Open Government Partnership Organization of American States OSCE OTW movement OUN / UPA PACE PACOM Pan-Europa movement Pentagon PJAK PKK PRISM PYD Red Cross Renova Republican Party Rosatom Roscosmos Rosneft Rosoboronexport Ruhrgas RusAl RWE SABSA Scientology Shanghai Cooperation Organization Shell Siemens South Stream Southern Command Standard & Poor's Statoil Strategic Nuclear Forces Stratfor SWF SWIFT Syrian National Council SYRIZA Taliban Tamarod TAPI TeleSur TNK-BP Total Transneft TTIP Twitter UN UN International Court UNASUR UNESCO USAID Valdai Club Visegrad Group Wall Street Westinghouse Wikileaks World Bank WTO Yukos “Mass Atrocity Response Operations”
 
 
 

Republishing is welcomed with reference to Strategic Culture Foundation on-line journal www.strategic-culture.org.


 

 

 
 
© Strategic Culture Foundation

RSS

Main Politics History&Culture Archive Authors Popular
  Economics Columns About Contact

Яндекс.Метрика