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Kerry assures Gulf countries on Iran's nuclear talks...

Putin: E.Ukraine situation difficult, at least cities not being destroyed...

Donetsk republic hands over 23 bodies of Ukrainian troops killed near Illovaisk...

Moscow dismisses NATO allegations that Russia conducts large-scale nuclear drills...

War in Donbass: Current Situation in Donbass. News 5 March 2015 (VIDEO)...

Ukrainian military appoint date for withdrawal of Uragan multiple launchers...

China ups 2015 defence budget by 10 % - report...

Russian diplomat slams Victoria Nuland's statement on Nemtsov murder...

European Central Bank to Start Buying Public Sector Bonds...

Lebanon Opens Its Borders To Receive The 5000 Assyrian Christians Fleeing From ISIS...

Russian General Mocks US Commander's Size Claim, Suggests Hidden Motives...

Boots on the Ground: US Military Instructors Arrive in Ukraine...

Security conference in Moscow due in April to discuss Afghanistan, Islamic State...

NATO uses Ukraine situation to move closer to Russian borders - Russia's defense ministry...

NATO cannot be sole guarantor of freedom and security - Russian deputy defense minister...

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BUSINESS

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The Second Wave of the Global Financial Crisis Is Just around the Corner

...The former head of the FRS, Alan Greenspan, notes that the real sector of the US economy is recovering much more slowly than the financial market. There is an imbalance developing that could result in the emergence of an enormous financial bubble, and US banks and funds as well as investors around the world will take it upon themselves to inflate it. At present, there is much that is reminiscent of the situation on the eve of the 2007-2009 global financial crisis. 

Valentin KATASONOV | 06.03.2015


 

Kolomoisky Is About to Devour Ukraine

About a quarter century ago oligarchic capitalism started to grow in the soil of Ukraine. It is based on «natural selection» – oligarchs devour small and medium businesses, as well as state assets. With primitive capital accumulation resources coming to an end, oligarchs begin to devour each other... After the coup of 2014 the «natural selection» process in Ukraine abruptly accelerated... Rinat Akhmetov once was the leading oligarch in Ukraine, now he has left the world 100 wealthiest people list. The Bloomberg Billionaires Index brought him down from 88th to 121st... Now Petro Poroshenko and Igor Kolomoisky are reaching the final...

Valentin KATASONOV | 21.02.2015


 

Country’s Future and Drastic Reshuffle in Ukrainian Tycoons’ Ranks

The civil war unleashed by the ruling regime in Ukraine resulted in human suffering and degradation of national economy, as well as transformation of ruling elite. The perception that nine families of tycoons rule the country does not correspond to reality anymore. The ruling circle gets rapidly narrowed as big business in the south-east gets bankrupt with its property systematically eliminated as if it were done according to some plan... The temporary cease-fire is in force as a result of Minsk agreement, but the internal fight between tycoon clans is in full swing...

Dmitry MININ | 20.02.2015


 

Putin in Hungary: Western Anti-Russia Unity Shattered

President Putin arrived on a working visit to Hungary on February 17. The importance of this event goes beyond the limits of bilateral relations. It was an outstanding event... Victor Orban is really popular at home – the right partner to make deals with. He is a real, not a theatrical, nationalist and he understands that it is easy to sacrifice the interests of Hungary, a small country, to the interests of leading EU states or European bureaucracy... Victor Orban is a very pragmatic person and sound pragmatism is a good alternative to Europe’s role of vassal of the USA...

Arkady DZIUBA | 19.02.2015


 

Game with No Rules: Legal Imperialism against Russia (II)

...A compensation lawsuit of former Soviet republics against the Russian Federation is a multipurpose weapon of the West. First, it’s an instrument of waging ideological, psychological and information war used to falsify the history and blow up anti-Russian hysteria. Second, it’s a way to wage economic war...

Valentin KATASONOV | 18.02.2015


 

Game with No Rules: Legal Imperialism against Russia (I)

The term legal imperialism was coined in relation to the Argentina’s public debt. A New York court admitted a number of private claims to hand down a verdict. By a stroke of hand a judge increased the country’s debt up to $120 billion, according to experts’ estimates. The essence of legal imperialism is the support rendered by Anglo-Saxon legal system to financial vultures... The decision handed down by the Hague-based International Arbitration Court in the Russian oil giant Yukos case upon the claim of foreign shareholders is the example of how the legal imperialism works...

Valentin KATASONOV | 17.02.2015


 

Economics Wars and Economic Sanctions (III)

Over the long period of time that economic sanctions have been actively used in the world, a wealth of knowledge has been accumulated regarding the organisation of such sanctions and ways to counteract them. Probably the most extensive experience of counteracting sanctions has been accumulated by Russia, and almost all of this was accrued during the Soviet period of her history... The strategic solution to the problems caused by the economic sanctions was the industrialisation of Soviet Russia...

Valentin KATASONOV | 08.02.2015


 

Economics Wars and Economic Sanctions (II)

Economic sanctions are a set of measures that put pressure on a government to achieve predominantly political objectives. However, although sanctions lead to negative consequences in the economy of the sanctioned country, the ultimate political objectives are by no means always achieved. More often than not, they are not achieved at all. According to Gary Hufbauer a well-known American expert in this area, and his co-authors, who have documented 204 cases of sanctions, only about a third were successful... In many cases, economic sanctions have a stimulating and mobilising effect on the economy of sanctioned countries...

Valentin KATASONOV | 07.02.2015


 

Economics Wars and Economic Sanctions (I)

An analysis of economic wars from the 19th to the 21st centuries shows that, in an overwhelming number of cases, they primarily pursued and are pursuing political objectives... America’s ruling elite and its allies use neutral words like ‘economic sanctions’, ‘trade and economic restrictions’, ‘moratorium’, ‘embargoes’ and so on. As a rule, however, these restrictions, moratoriums and embargoes in combination can have a powerful effect designed to undermine an enemy’s economy, provoke social unrest, force a regime change and change political policies. The combination of economic sanctions introduced by the West against Russia in 2014 could undoubtedly be characterised as a full-scale economic war...

Valentin KATASONOV | 05.02.2015


 

The «Black Knights» are the Partisan Fighters in an Economic War

Occasionally while discussing issues related to the West’s economic sanctions against various countries, the subject of the «black knights» crops up. The term «black knight» is given to the small trading partners of a country that is affected by sanctions. They act as intermediaries, facilitating trade and economic relations between that country and the rest of the world... There was a time when «black knights» were not taken seriously... But events of recent years have shown that the thousands of «black knights» now in operation have formed a critical mass, so their potential capability is already comparable to that of the large corporations. And the attempts by those who have introduced the sanctions to monitor the «black knights» are close to zero percent effective.

Valentin KATASONOV | 29.01.2015




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OUR COLUMNIST
    Wayne MADSEN

Kerry Re-writes History of U.S. Support for Color Revolutions

U.S. Secretary of State John Kerry either has a blind spot when it comes to the last 15 years of U.S. foreign policy or he told a big whopping lie in Geneva. Kerry, in defining U.S. action in Ukraine, said that «We [the United States] are not involved in multiple color revolutions». Someone in Kerry’s position should know better... 

06.03.2015
 
 
 
 
 
 
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