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«Ukraine is Waiting for Solutions to Its Problems from Everyone but Itself»

At trilateral talks held in Brussels on 30 October, Russia, Ukraine and the European Commission reached an agreement on Russian gas supplies to Ukraine and gas transit to Europe. It is a temporary solution to the problem, since the agreement only covers the next five months – until the end of March 2015. Shortly before this, European Commission President Jose Manuel Barroso made it clear that emergency lending to Ukraine, including for the payment of its Russian gas debts, would not exceed €790 million (Ukraine is asking for €2 billion). Money for Ukraine can only be taken out of the pockets of European taxpayers. But European taxpayers are already disgruntled. «I get the feeling that Ukraine is waiting for solutions to its problems from everyone but itself», declared Slovak Prime Minister Robert Fico during talks with German Chancellor Angela Merkel...

Pyotr ISKENDEROV | 01.11.2014


 

Christoph de Margerie: Europe Does Not Need Another Berlin Wall

...It’s not organizations but rather people who lay down the basis for mutual trust between nations. The level of contributions differs; in some cases it by far exceeds the average like in the case of Christoph de Margerie. In July the head of Total told Reuters in an interview that Europe needs no Berlin Wall. «Are we going to build a new Berlin Wall?» he asked adding, «Russia is a partner and we shouldn't waste time protecting ourselves from a neighbour ... What we are looking to do is not to be too dependent on any country, no matter which. Not from Russia, which has saved us on numerous occasions»...

Natalia MEDEN | 24.10.2014


 

Western Sponsors Liable for Kiev Basket Case

Since Washington and Brussels shunted the geopolitical tracks in the first place to create the financial train wreck that is now manifestly the Ukraine, you would think that there might be a sense of obligation on Western governments to salvage the mess. Not a bit of it, it seems. Furthermore, the train wreck is careening dangerously into the Russian economy. But still, the Western governments adopt an attitude that Moscow must pay for the damages... If Ukraine comes off the rails with an energy crisis this winter, the responsibility lies with the reckless regime-hijackers in Washington and Brussels...

Finian CUNNINGHAM | 23.10.2014


 

US Imposes Sanctions against Hungarian Citizens

...The US decision to impose sanctions against some Hungarian politicians, businessmen and tax officials has evoked a shock reaction in Budapest. Even the European Commission has not dared to do anything similar, no matter it has many times accused Hungarian Prime Minister Victor Orban of violating EU regulations and standards. No wonder! There is something important at stake – the fate of the most important endeavor ever undertaken since the Second World War. The goal is to use sanctions and other means of pressure to subjugate Russia and make it serve the vital interests of the West. Hungary has happened to be a «weak link» among the European Union’s ranks...

Pyotr ISKENDEROV | 22.10.2014


 

Britain’s UKIP Win another Sign of EU Rebellion

The political earthquake rumbles on in Europe with the latest election victory of Britain’s far-right and fervently eurosceptic UK Independence Party. But it would be a mistake to paint the rise of Britain’s UKIP as just a rightwing nationalistic fashion. What the rise of the party portends is a widespread disaffection among the European citizenry towards the increasingly autocratic European Union. The EU is no longer seen as a progressive project promoting social development, but rather as a juggernaut to railroad through the elite interests of finance capital...

Finian CUNNINGHAM | 20.10.2014


 

The Internationalisation of the Yuan (I)

The issue of turning the yuan into an international currency is the subject of much controversy. Some believe that Beijing should opt for full convertibility of the yuan, turning it into a fully-fledged international currency. Others believe that the yuan is already an international currency, citing impressive figures that reflect the growing use of the Chinese currency in international trade. Still others hold the view that turning the yuan into an international currency would be of no benefit to Beijing, and the Chinese authorities are even intentionally preventing it. The complexity of the problem lies in the fact that moving the yuan towards internationalisation involves three distinct phases: turning the Chinese currency into a) a trading currency, b) an investment currency, and c) a reserve currency...

Valentin KATASONOV | 19.10.2014


 

Ukraine Steals Attention in Milan – no Progress Reached

...The West is reluctant to get to the bottom of what is happening in Ukraine and continues to adopt a rather speculative approach. The Milan talks have brought about no progress. There is a sustained perception that as soon as the United States gets one way or another involved in the tripartite EU-Ukraine-Russia negotiations the progress on the Ukrainian issue immediately hits snags and becomes stymied. Perhaps Washington believes that the continuation of crisis allows killing two birds with one stone – it makes Ukraine shoulder the double burden to plunge the country into the managed chaos and weakens Europe and Russia as they conduct sanctions and anti-sanctions war. 

Boris NOVOSELTSEV | 18.10.2014


 

New Сracks in the anti-Russian Front

The anti-Russian colours that the policies of the European Commission and the US administration are painted in regarding the introduction of economic sanctions against Russia are slowly losing their lustre and beginning to peel off. Within the European Union there are pockets of internal resistance to the anti-Russian policy that are particularly noticeable against the feverish attempts by Brussels to force Serbia and other countries, where the mirage of joining the EU still seems to be a bit like reaching the Promised Land, to join in with the sanctions... 

Pyotr ISKENDEROV | 17.10.2014


 

Serbia’s Foreign Policy: Stuck Between a Rock and a Hard Place?

“We will support the geographic integrity of all UN member states including Ukraine,” stated the prime minister of Serbia, Aleksandar Vucic, during a speech last week delivered at the 2014 Belgrade Security Forum. An audience member immediately retorted via Twitter: “How come then Serbia abstained from Resolution 68/262?” The UN General Assembly Resolution 68/262 from March 2014 entitled, “Territorial Integrity of Ukraine,” confirmed the invalidity of the 2014 Crimean referendum and furthermore emphasized that the Crimean peninsula is an integral part of Ukraine.

EDITOR'S CHOICE | 15.10.2014


 

A Panorama of the World’s Foreign Exchange Reserves: Food for Thought

...Without waiting for the IMF to grant the yuan reserve currency status (the IMF wants China to introduce full yuan convertibility and make it free floating), a number of African, Asian and Latin American countries are stockpiling it in their reserves. At the beginning of 2012, experts believe that the yuan was to be found in the international reserves of 12 countries. To date, the People’s Bank of China has signed currency swap agreements with the central banks of more than 20 countries. These agreements involve the exchange of national currency units to maintain trade and economic relations between China and other countries...

Valentin KATASONOV | 12.10.2014




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OUR COLUMNIST
    Pyotr ISKENDEROV

«Ukraine is Waiting for Solutions to Its Problems from Everyone but Itself»

At trilateral talks held in Brussels on 30 October, Russia, Ukraine and the European Commission reached an agreement on Russian gas supplies to Ukraine and gas transit to Europe. It is a temporary solution to the problem, since the agreement only covers the next five months – until the end of March 2015. Shortly before this, European Commission President Jose Manuel Barroso made it clear that emergency lending to Ukraine, including for the payment of its Russian gas debts, would not exceed €790 million (Ukraine is asking for €2 billion). Money for Ukraine can only be taken out of the pockets of European taxpayers. But European taxpayers are already disgruntled. «I get the feeling that Ukraine is waiting for solutions to its problems from everyone but itself», declared Slovak Prime Minister Robert Fico during talks with German Chancellor Angela Merkel...

01.11.2014
 
 
 
 
 
 
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