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The American oligarchy and the 2024 election
Figures published over the weekend by Inequality.org, based on an analysis by the Institute for Policy Studies of the running totals of billionaire wealth maintained by Forbes magazine, reveal the staggering concentration of wealth in the United States in the hands of a tiny oligarchy
21.03.2024
Biden Requests $895 Billion for Military Spending for 2025
Factoring in other costs, the true cost of military spending in 2025 will easily exceed $1.5 trillion
13.03.2024
Pentagon Says It Needs $10 Billion to Replace Weapons It Sent to Ukraine
The US hasn't been able to send weapons to Ukraine since December
12.03.2024
Western plan to seize Russian assets a dangerous precedent
It is no secret that ever since Western governments froze approximately $300 billion of sovereign Russian assets, they have been working on plans to legitimately seize those frozen assets
06.02.2024
European Union spends another €50 billion on Ukraine war
The European Union’s 27 heads of state and government decided on Thursday to release €50 billion (US $54 billion) to escalate the war in Ukraine. In December, a corresponding decision failed due to a veto by Hungarian Prime Minister Viktor Orbán
02.02.2024
EU's 50 billion euro fund to Ukraine more to boost confidence than to play significant role
The European Union (EU)'s 50 billion euro ($54 billion) fund to support Ukraine is primarily aimed at bolstering Kiev's confidence rather than having any substantial significance, as the money is planned for a duration of four years, said Chinese experts
02.02.2024
EU Plans to Sabotage Hungary’s Economy If Orban Blocks Ukraine Aid
According to a leaked plan, the EU aims to hurt "jobs and growth" in Hungary if Budapest doesn't lift its veto
31.01.2024
Final Ukraine aid package of year makes US' pledge embarrassing
The US State Department announced the last such package the US will provide to Ukraine until Congress approves the Biden administration's funding requests
29.12.2023
Senate Adjourns Until 2024 With No Deal on Ukraine Aid
Republicans won't approve a $111 billion foreign military aid package until Democrats agree to significant changes in border policies
22.12.2023
White House Says US Can Only Fund One More Weapons Package for Ukraine
An aid package scheduled for later this month will be the final one unless Congress authorizes more spending on the war
19.12.2023
German government finalizes its war budget
Unlimited funds for war and armaments, cuts in social spending and higher energy prices—this is the core of the German government’s 2024 budget, which Chancellor Olaf Scholz (Social Democratic Party–SPD), Economics Minister Robert Habeck (Greens) and Finance Minister Christian Lindner (Free Democratic Party–FDP) agreed last Wednesday morning after meetings over several nights
18.12.2023
Biden, Zelensky demand billions more for anti-Russia war
Ukrainian President Volodymyr Zelensky met Tuesday with US leader Joseph Biden, making a last-minute stop in Washington D.C. after celebrating the inauguration of Argentina’s newly-elected fascistic president, Javier Milei, in Buenos Aires on Sunday
13.12.2023
Zelensky Arrives in US, Pleads for More Military Aid
The Ukrainian president made the plea in a speech at the National Defense University and will meet with Biden on Tuesday
12.12.2023
"Sahel" will bury French Africa
The Alliance des Etats du Sahel (AES) will create a monetary union and turn into a confederation
06.12.2023
White House warns of funding crisis in war against Russia in Ukraine
In a starkly worded appeal to the leaders of Congress, the Biden White House warned Monday that US funding of the proxy war against Russia in Ukraine has been largely exhausted and will end entirely unless Congress acts before the end of this month
05.12.2023
House Passes Bill to Permanently Freeze $6 Billion in Iranian Funds
The bill was opposed by 190 Democrats and one Republican, Rep. Thomas Massie (R-KY)
01.12.2023
What’s Next for Ukraine: The Outlines of a Peaceful Settlement
As Ukraine’s counteroffensive begins to unravel, it is not clear that the hundreds of thousands of deaths already suffered have purchased any of its goals
17.11.2023
Cash Beats Electronic Money, but Real Money Beats Cash
Today’s world is awash with electronic money. But last week, much of Australia’s electronic money disappeared for up to 14 hours with the crash of the Optus electronic network
15.11.2023
Black Swan with a Golden Feather
What conclusions can be drawn from the new Malaysian initiative to create a reserve currency based on gold?
15.11.2023
How APEC meetings turn out is a test for the US
The Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Week has kicked off on Saturday in the US, and the host city, San Francisco, has also been in full swing to embrace the "APEC time." In addition to the APEC Informal Leaders' Meeting, the Finance Ministers' Meeting, Ministerial Meeting and the CEO Summit will also be held in recent days
14.11.2023
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