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German Business Loses Trust in EU

The leading European economy is hitting snags on the way. The Germany’s confidence indicator has pointed sharply down this month. The country’s economy is losing steam due to the sanctions imposed by the West on Russia, something that aggravates the economic slowdown throughout the European Union... The situation gives rise to growing discontent of European businessmen with the «sanctions war» against Russia as it stimulates the emergence of more grievances to face... The growing problems that negatively affect the European Union, the euro zone and Germany make Washington happy. The Europe’s loss is the US gain.

Pyotr ISKENDEROV | 29.08.2014


 

US Wages War against EU to Make Europeans do Fighting and Shoulder Expenditure

European politicians are eloquent enough as they pronounce speeches about the need to counter the «Russian aggression» and defend democracy and «territorial integrity» of Ukraine. But everyone who knows the first thing about politics realizes it’s nothing but words... The defence of «territorial integrity» is guaranteed by mass massacre of civilians living in the two regions that said yes to independence at referendums. In comparison no referendum was held in Kosovo but it was immediately recognized by the United States and the European Union member-states... The main goal is to damage the Russian oil and gas industry and complicate Russian energy supplies to Europe. In other words the United Sates aims to create obstacles on the way of re-industrialization...

Alexander DONETSKY | 28.08.2014


 

The European Union and the Trade War with Russia (III)

...Opposition to the introduction of sanctions by Brussels against Russia will primarily arise in those countries in which Russia is relatively dominant in foreign trade compared to the US (there are 12 such countries in the EU). At the same time, Washington's political dominance in some of these countries will exacerbate the socio-political situation. Public opinion polls in Lithuania, Latvia and Estonia, for example, show that the vast majority of respondents are opposed to their country's involvement in sanctions, and, since Brussels started going along with US sanctions, the percentage of respondents in favour of their country's withdrawal from the European Union has begun to rise.

Valentin KATASONOV | 18.08.2014


 

The European Union and the Trade War with Russia (I)

The issue of the trade and economic war between the West and Russia instigated by Washington has intensified in recent days. The United States is unable to conduct a trade and economic war against Russia by itself, since trade volumes between Russia and America are relatively modest. In 2013, US imports from Russia amounted to $11.2 billion, while exports from the US to Russia amounted to $16.5 billion. Accordingly, America’s share of Russian exports last year was 2.5 per cent, and its share of imports was 6.0 per cent. In 2013, the US ranked just 20th on the list of Russia’s trade partners. But the share of countries in the European Union, made up of 28 countries, last year reached 50 per cent of Russia’s foreign trade turnover. In other words, Washington is unable to unleash an economic war against Russia without its European allies...

Valentin KATASONOV | 16.08.2014


 

Argentina Declared in Default – Warning to Ukraine

Actually Argentina has defaulted on its foreign debt. Such things happen in the contemporary world, the country has become a victim of financial vultures and the so-called legal imperialism of the United States... Argentina is the best illustration of how the legal imperialism works... On July 31 Ukraine’s Prime Minister Yatsenyuk made a loud-voiced statement. «The first major economic news today is that Argentina went into default», he told lawmakers. «And the second is that Ukraine didn’t default, and it never will». Perhaps he pins his hopes on the US sponsors. There is little ground to believe that Washington will grant billions (or even dozens of billions) to have the Ukraine’s debt restructured. Brussels will hardly lift a finger to help because the plight of the European Union is quite comparable with the debt problems faced by Ukraine...

Valentin KATASONOV | 03.08.2014


 

German Biotech Lobbyism Echoes in Eurasia

Recent decision of German Poultry Association to allow use of genetically modified soy in poultry operation triggered new discussions on biotech food safety and GMO lobbyism. Consumers in the European Union should have the right to choose between organic and GMO food before the World Trade Organization neoliberal rules go into full effect... The EU agricultural sector is ineffective and extremely costly. Almost 40% of the total EU budget is still spent on the Common Agricultural Policy. In some countries political battles for agricultural subsidies take grotesque forms. For example, in March French farmers were so enraged at Brussels’ policy that they stormed into Paris' iconic Louvre museum with a herd of sheep, Euronews reported...

Igor ALEXEEV | 21.05.2014


 

Ukraine: Military Crimes and Interests of Transnational Corporations

On April 12, 2014 the Ukrainian military first clashed with the people of Slavyansk, a small city eastern part of Ukraine (population around 120 thousand)... In 2013 Shell made known its plans to start extraction of shale gas here in violation of ecologic norms. The contract envisioned taking property away from owners in case it stood in the way of cleaning the space for drilling. Slavyansk is where the first wells are to appear according to the plans. The area of shale gas extraction includes the neighboring Kramatorsk... The choice of area for waging combat actions is a proof that the Kiev regime serves the business interests of Shell...

Alexander DONETSKY | 17.05.2014


 

What’s Behind the Campaign to Combat Banking Secrecy?

The institution of banking secrecy is on the brink of death. The destruction of the World Trade Center in New York on 11 September 2001 and the 2007-2009 financial crisis can both be considered fateful events for the future of banking secrecy. The first event was the start of the fight against terrorism organised by Washington, under the pretext of which the US authorities began trying to obtain open-ended access to information about banks’ customers, their accounts and transactions. The Patriot Act, passed after 11 September 2001, provided US intelligence agencies with full access to what had been classified banking information in America without having to obtain special permission from the public prosecutor’s office and the courts. Through various international organisations (the OECD, the IMF etc.), Washington later began to seek free access to banking information throughout the world...

Valentin KATASONOV | 15.05.2014


 

Eurasian Economic Integration in 2013: Results and Prospects

A meeting of the Supreme Eurasian Economic Council took place in Moscow on December 24 with the participation of Russian President Vladimir Putin, President of Belarus Alexander Lukashenko and President of Kazakhstan Nursultan Nazarbayev. After the meeting of the heads of states which make up the integration nucleus, the counterparts from Armenia and Kyrgyzstan, as well as Ukrainian Prime Minister Azarov, who was there as an observer, joined the talks... The signing of the Eurasian Economic Union treaty is slated for May 2014 to launch the project in January 2015. The creation of a powerful industrial and financial base will allow to compete and make the Union one of world economy leaders. The achievement of this strategic objective is the main mission of the Eurasian Economic Space for the coming future...

Andrey ARESHEV | 30.12.2013


 

A Europe Without a Future

...The results of a survey conducted in late August – early September 2013 by the French marketing firm IFOP show an abrupt increase in the number of Euroskeptics in the top four economies of the Eurozone: Germany, France, Italy and Spain. The main question they asked the Germans, French, Italians and Spaniards was whether they felt that membership in the European Union was advantageous to them. 37% of residents of the Pyrenees believe that membership in the EU only brings Spain problems (a year earlier 26% in Spain were Euroskeptics). In France the number of those who are dissatisfied with their country's membership in the European Union rose from 38% in 2012 to 43% at present. In Germany 44% of the population disapprove of membership in united Europe (a year ago 36% in Germany were Euroskeptics). The greatest number of Euroskeptics is in Italy, where 45% of citizens see no benefit in being part of the European Union...

Vladimir NESTEROV | 29.12.2013




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OUR COLUMNIST
    Andrei AKULOV

Russia-Egypt Arms Deal: Major Breakthrough as US Middle East Policy Faces Another Set Back

Russian President Vladimir Putin met Egyptian President Abdel-Fattah el-Sisi in the Black Sea resort of Sochi, Russia, on August 12, 2014. It was his first official visit to the Russian Federation as President. And Vladimir Putin was the first leader to invite him for a visit outside the Arab world since his swearing-in as head of state. The agenda included introduction to a selection of Russian military hardware for sale. On September 17 it was reported that Russia and Egypt have reached a preliminary deal for Cairo to buy arms worth $3.5 billion from Moscow. Egypt and Russia have a history of being strategic allies. The emerging relationship reminds of the era of President Gamal Abdel Nasser, the great Egyptian leader. The deal concluded between Russia and Egypt on September 17 portends a gradual reduction in Washington's ability to control the quality and quantity of weapons that Cairo receives and to maintain Israel's qualitative military edge in the region.  

21.09.2014
 
 
 
 
 
 
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