RT reported on March 26 that Russia is continuing to make great progress in putting an end to its dependence on American dollars when it comes to energy.
Energy giant Gazprom could become the first Russian company to exclude the US dollar from its foreign trade operations. It aims to switch to Russian rubles and other national currencies in payments for energy supplies.
The US is currently engaged in negotiations with at least a dozen countries — which involve fundamental political, military and economic issues.
The US has adopted diplomatic strategies in the face of its ‘inability’ to secure military victories. The purpose of adopting a diplomatic approach is to secure through negotiations, in part or fully, goals and advantages unattainable through military means.
Overly reliant economies are dangerously fragile things. As it takes two parties, often more, to play the game, the absence of interest, or its withdrawal by one, can spell doom. The Australian economy has been talked up – by Australian economists and those more inclined to look at policy through the wrong end of a drain pipe – as becoming more diverse and capable of withstanding shock. In truth, it remains a commodity driven entity, vulnerable to the shocks of demand. Think Australia, think of looting the earth.
With only weeks to go to Brexit’s target date, there is deadlock in the British parliament, recriminations on both sides, and, writes Russell Merryman, a growing realisation that what was promised might be impossible to deliver.
Anti-Brexit sentiment is growing as the deadline for Article 50 approaches [MERRYMAN]
We’ve all heard of the thought experiment involving a cat and a piece of radioactive material locked together in a box, the decaying material could, at any moment, give off an atomic particle which would kill the cat.
The year 2019 had barely begun before news emerged that six Russian sailors were kidnapped by pirates off the coast of Benin. It was perhaps a foretaste of risks to come. As nations reel from deteriorating economic conditions, instances of piracy and other forms of supply chain disruptions are bound to increase.
The US Navy is widely known in the world as the largest and finest in the world. However, aside from submarines, the Navy cannot do much in the Arctic. The Arctic has, of course, icecaps, and any ship that would sail the Arctic Ocean must be able to negotiate pack ice up to and exceeding 6.4 meters (21 feet) thick at times. If it cannot do this, its path must be opened by an icebreaker, a ship capable of breaking through such ice.
The trade war launched by the Trump administration against China may not have been solved by a 2½-hour dinner between Chinese President Xi Jinping and Donald Trump at the G20 in Buenos Aires on Saturday. But it may have opened a path towards a drastic realignment.
Way beyond the histrionics surrounding the “family pic” – and whose nods and winks signaled surefire geopolitical capital – the G20 walked and talked like a last gasp to “save” the current turbo-capitalist world (dis)order.
Beijing wants to avoid an all-out trade war with Washington. That is what will count at the G-20 summit later this week, writes Patrick Lawrence, not the U.S. vice president’s hostility in Asia earlier this month. Trying to Isolate China…Read more →
Most of those who have had a chance to witness Chinese internationalist mega-projects, clearly understand that the West is near to collapsing; it will never be able to compete with tremendous enthusiasm and progressive spirit of the most populous country on earth, which on top of it, is built on socialist principles (with Chinese characteristics).
