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All content tagged: Economics

New Eastern Outlook - 2019-09-16 - Original post - cached version

The American farm sector is undergoing its worst crisis since the 1980’s. Extreme snow and then unusually heavy rainfall across the Midwest farm belt this spring and summer have severely delayed or reduced crop plantings. That comes after several years of falling farm income. A US EPA...

Aletho News - 2019-09-15 - Original post - cached version

Press TV – September 15, 2019 A senior member of the Iranian parliament has called for a decisive response to Canada’s sale of Iranian diplomatic properties in Ottawa and Toronto, saying Canadian shipments crossing the Strait of Hormuz in the Persian Gulf should be confiscated in response to the...

Aletho News - 2019-09-15 - Original post - cached version

By M. K. BHADRAKUMAR | Indian Punchline | September 15, 2019 A terrible beauty is born on the Middle East’s strategic landscape with the massive drone attacks Saturday on two Saudi Aramco refineries. Saudi Arabia, which has a record of sponsoring terrorist groups to destabilise foreign lands —...

Aletho News - 2019-09-15 - Original post - cached version

Press TV – September 14, 2019 Experts say critical oil supplies lost due to Yemeni attacks on Saudi Arabia’s production plants can only be compensated if the United States eases its sanctions on sale of crude by Iran. Sandy Fielden, an analyst at Morningstar, a global financial services firm...

Aletho News - 2019-09-14 - Original post - cached version

Al-Manar | September 14, 2019 Iranian oil minister Bijan Zanganeh said Saturday that the France-proposed $15 billion credit line for Iran has nothing to do with easing of US sanctions on the country. “In the eye of the country’s oil industry, sanctions relief means selling oil,” Oil Minister...

New Eastern Outlook - 2019-09-14 - Original post - cached version

The IMF, has been instrumental in helping destroying the economy of a myriad of countries, notably, and to start with, the new Russia after the fall of the Soviet Union, Greece, Ukraine and lately Argentina, to mention just a few. Madame Christine Lagarde, as chief of the IMF had a heavy...

Aletho News - 2019-09-11 - Original post - cached version

By Paul Antonopoulos | September 11, 2019 Although the Russian Far East has huge investment potential in the fields of raw materials, mineral resources, fisheries, forestry’s and tourism, it still remains a sparely populated area of only around 7 million people. With China, India, Japan,...

New Eastern Outlook - 2019-09-11 - Original post - cached version

Over the course of the past decade the United States, following decades of relative stagnation in oil production, has surprised many to become the largest oil producer in the world, exceeding Russia as well as Saudi Arabia. Latest daily production is just above 12.1 million barrels a day...

Aletho News - 2019-09-09 - Original post - cached version

By Alastair Crooke | Strategic Culture Foundation | September 9, 2019 There is consensus among the Washington foreign policy élite that all factions in Iran understand that – ultimately – a deal with Washington on the nuclear issue must ensue. It somehow is inevitable. They view Iran simply as ‘...

New Eastern Outlook - 2019-09-09 - Original post - cached version

In the world we live in today, amid a scramble which is unfolding to gain control of the key natural resources we exploit and to shape the political world order of the 21st century, there are many areas where Africa and Russia have interests which overlap objectively. About 50-52% of the...

New Eastern Outlook - 2019-09-08 - Original post - cached version

A short while ago, we discussed the question whether the South Korean government was pushing its citizens to boycott Japanese goods or travel to Japan or whether this was an ordinary initiative of the citizens. The picture becomes much clearer if we pay attention to the way various...

New Eastern Outlook - 2019-09-06 - Original post - cached version

The Western media has begun complaining about Southeast Asia’s collective decision to move forward with 5G network technology from Chinese telecom giant Huawei despite US demands that nations ban all Huawei products.

These demands are predicated on clearly fabricated security...

Aletho News - 2019-09-06 - Original post - cached version

Washington is intensifying its “maximum pressure” campaign against Iran with the addition of unorthodox tactics including piracy, bribery, and extortion By Sarah Abed | September 6, 2019 Over the past few months, US Special Representative for Iran, Brian Hook the head of the Iran Action Group,...

Aletho News - 2019-09-06 - Original post - cached version

By Konstantin Asmolov – New Eastern Outlook – 06.09.2019 Continuing to monitor the confrontation between Washington and Tehran, the author of this article can see how it affects the South Korean interests. The sanctions badly hit South Korea’s economy and, since the summer of 2019, there have...

Aletho News - 2019-09-06 - Original post - cached version

By Ramin Mazaheri – Press TV – September 6, 2019 Paris – After being forced to delay because of the Yellow Vest anti-austerity movement, French President Emmanuel Macron has begun his right-wing pension reform which is already certain to provoke major protests this month. Macron is pushing for a...

Aletho News - 2019-09-05 - Original post - cached version

By Padraig McGrath | September 5, 2019 On September 4th, Iranian President Hassan Rouhani said that Iran would give the EU a further 60 days to come back into compliance with its economic commitments under the JCPOA before Iran would initiate a third phase of withdrawal from its own obligations...

Aletho News - 2019-09-01 - Original post - cached version

By M. K. BHADRAKUMAR | Indian Punchline | September 1, 2019 The stunning news that India’s GDP growth rate is hitting a six-year low figure of 5 percent in the past six-year period comes as reality check. Many economists even hold the view that in actuality, take away the statistical jugglery,...

New Eastern Outlook - 2019-09-01 - Original post - cached version

Unusual remarks and actions by the outgoing head of the Bank of England and other central banking insiders strongly suggest that there is a very ugly scenario in the works to end the role of the US dollar as world reserve currency. In the process, this would involve that the Fed...

New Eastern Outlook - 2019-08-30 - Original post - cached version

Recently, Washington, in its expansionist attempts to aggressively promote its LNG on the European market and to limit the access of cheaper Russian gas to Europe, has increasingly forced its European satellites to advocate supplying gas from other countries than Russia. The Trans-...

Corbett Report - 2019-08-30 - Original post - cached version

[audio mp3="http://www.corbettreport.com/mp3/2019-08-29%20James%20Corbett.mp3"][/audio] In this clip from his regular weekly appearance on Declare Your Independence, James debunks the "economics" hoax of the language manipulators and defines the "catallactics" solution.
New Eastern Outlook - 2019-08-29 - Original post - cached version

The G7 Summit is an obsolete, useless talking shop, as Finnian Cunningham so adroitly says. RT calls it The Unbearable Pointlessness of G7. Canada, France, Germany, Italy, Japan, UK, and the United States constitute the G7 gang. It should strike any logical thinker as extremely odd that...

Aletho News - 2019-08-29 - Original post - cached version

RT | August 29, 2019 New Delhi started paying for the state-of-the-art Russian S-400 air defense missile systems it ordered, as Washington failed to pressure the country into scrapping the major arms deal with Moscow. Moscow has received an advanced payment for the weapon systems, the...

Aletho News - 2019-08-27 - Original post - cached version

By Svetlana Ekimenko – Sputnik – 27.08.2019 The US Congress has moved forward with legislation to impose sanctions on the Nord Stream 2 pipeline project in defiance of criticism from Washington’s allies in Europe, as the joint venture brings together Russia’s Gazprom, Germany’s Uniper and...

Aletho News - 2019-08-27 - Original post - cached version

RT | August 27, 2019 Washington would do anything to prevent an Iran-Iraq oil pipeline from ever being built, even if the Europeans were in favor, policy researchers told RT. “Iraq would feel the wrath of the US” should it pursue a cross-border pipeline project with its neighbor Iran, believes...

Aletho News - 2019-08-26 - Original post - cached version

Press TV – August 26, 2019 Head of Iran’s government department on tourism says around eight million foreigners visited the country in the last Iranian calendar year ending in March 2019. “Some 7.8 million foreign tourists arrived in the country last year,” said Ali Asghar Mounessan, adding that...

Aletho News - 2019-08-22 - Original post - cached version

By Nick Cunningham – Oilprice.com – August 21, 2019 The U.S. could “drown the world in oil” over the next decade, which, according to Global Witness, would “spell disaster” for the world’s attempts to address climate change. The U.S. is set to account for 61 percent of all new oil and gas...

Aletho News - 2019-08-22 - Original post - cached version

By Larry Bell ~ PA Pundits – International ~ August 21, 2019 A petition being submitted by hundreds of independent climate scientists and professionals from numerous countries to heads of the European Council, Commission and Parliament declares “There is No Climate Emergency.” Briefly summarized...

New Eastern Outlook - 2019-08-21 - Original post - cached version

The trade war between Japan and South Korea is going on, and the author needs to clarify why Tokyo lost its temper at last.

The South Korean mass media, naturally, see the reasons for the trade war not as Seoul’s desire to ignore international law, but rather having to do with the...

Aletho News - 2019-08-21 - Original post - cached version

MEMO | August 20, 2019 The US State Department has called on the Turkish authorities to remove its drilling vessels from the territorial waters around Cyprus and to cease immediately any “unlawful activities”. The demand comes as Turkey has established a significant presence in the waters off...

Aletho News - 2019-08-20 - Original post - cached version

Will the Greeks seize it on a US warrant? By Vijay Prashad – Monthly Review – August 19, 2019 At 11:30 p.m. on August 18, the Iranian tanker Adrian Darya 1 left the shores of Gibraltar at the mouth of the Mediterranean Sea. This ship had been detained 46 days ago by British Royal Marines and...

Aletho News - 2019-08-18 - Original post - cached version

Naryn-kala Citadel museum, part of Derbent State Historical, Architectural and Art Museum-Reserve in the city of Derbent, Republic of Dagestan, Russia. © Sputnik / Vladimir Vyatkin RT | August 18, 2019 Tehran is in talks with Moscow over plans to establish a ferry service across the Caspian Sea...

Aletho News - 2019-08-13 - Original post - cached version

Press TV – August 13, 2019 Turkey and Iran have restarted a train service between Ankara and Tehran after a four-year hiatus, in a further blow to US sanctions. The Trans Asia Express, carrying passengers and freight, left Tehran railway station for the Turkish capital on Wednesday during a...

Aletho News - 2019-08-11 - Original post - cached version

By Dean Baker | Beat the Press | August 11, 2019 The New York Times has created an absurd dilemma for Democrats, “how to be tougher on trade than Trump.” This framing of the trade issue is utterly bizarre and bears no resemblance to reality. While Trump has often framed the trade issue as China...

Corbett Report - 2019-08-11 - Original post - cached version

[audio mp3="http://www.corbettreport.com/mp3/2019-07-11%20Financial%20Survival.mp3"][/audio] James joins Melody Cedarstrom of the Financial Survival radio show to discuss negative interest rates, derivative black holes, currency wars and other signs of the coming financial apocalypse. In the...
Aletho News - 2019-08-10 - Original post - cached version

By Tyler Durden – Zero Hedge – 09/2019 In addition to not paying taxes and putting the entire brick and mortar retail industry out of business single-handedly, Amazon has now opened itself up to even more criticism. The company is being accused of using a Chinese assembly plant that relies on...

New Eastern Outlook - 2019-08-09 - Original post - cached version

India began carrying out space research immediately after gaining full independence from British rule in 1947, and became the seventh country in the world to launch its own satellite – Aryabhata – in 1980, which was launched into orbit with the help of a Soviet space launch vehicle,...

Aletho News - 2019-08-09 - Original post - cached version

By Dean Baker | Beat the Press | August 9, 2019 There is a conventional wisdom on China’s currency that gets repeated almost everywhere and never seems to be challenged in the media. The basic story is that in the bad old days China ‘manipulated” its currency, but that stopped years ago. At...

Aletho News - 2019-08-09 - Original post - cached version

By Craig Murray | August 9, 2019 Simon Jenkins gets it with this simple and unanswerable argument. Scots are now very significantly poorer than the Irish, the Norwegians, the Swedes, the Danes, the Icelanders or any of their obvious comparators. Every one of those nations is in the top 10 of the...

New Eastern Outlook - 2019-08-09 - Original post - cached version

With the US decision to impose added tariffs on more than $300 billion of China trade, and the US Treasury declaring China a “currency manipulator”, global financial markets have reacted with sharp selling. The question is whether this is the beginning of a genuine currency war that will...

Aletho News - 2019-08-07 - Original post - cached version

teleSUR | August 7, 2019 Venezuela’s Vicepresident Delcy Rodriguez denounced Wednesday that a ship containing 25 thousand tonnes of Soya has been seized in the Panama Canal due to the U.S. blockade while calling on the United Nations to take action against the “serious aggression” that impede...

Aletho News - 2019-08-07 - Original post - cached version

Press TV – August 7, 2019 Iran is nearing a full electrification rate as people are gaining access to power in villages and remote areas on a rapid pace, says a government official. The top contractor for rural electrification in Iran’s energy ministry said on Wednesday that only 80,000 people...

Aletho News - 2019-08-06 - Original post - cached version

By Dean Baker | Beat the Press | August 5, 2019 The New York Times ran a piece on China’s devaluation of its currency, which warned that the move could hurt China because commodities like oil, which are priced in dollars, will become more expensive for companies in China. While it is true that...

New Eastern Outlook - 2019-08-05 - Original post - cached version

Among the numerous products of the Russian industry which are in considerable demand abroad, one of the important ones is the trucks of the Kama automobile plant (KAMAZ). The KAMAZ brand trucks have seen several decades of popularity in various countries of the world thanks to their...

Aletho News - 2019-08-03 - Original post - cached version

RT | August 3, 2019 According to the report, the US accounted for 88 percent of this growth in global oil production, while OPEC recorded a production decline overall, on the back of US sanctions against Iran and Venezuela, which took off a combined 800,000 bpd from the cartel’s production in...

The Anti Media - 2019-08-01 - Original post - cached version

Trump abruptly escalated his trade war with China, announcing that he would impose a 10% tariff on $300 billion more in Chinese goods.

New Eastern Outlook - 2019-07-31 - Original post - cached version

Turkey’s economy has been in increasingly difficult straits for months, especially since the failed July 2016 coup attempt. The latest move by President Recep Tayyip Erdoğan to fire his central bank head and replace him with a more amenable loyalist has already resulted in the largest...

New Eastern Outlook - 2019-07-29 - Original post - cached version

Pundits from the left, from the right and from the center cannot stop reporting about Greece’s misery. And rightly so. Because Greece, the vast majority of her people live in deep economic hardship. No hope. Unemployment is officially at 18%, with the real figure closer to 25% or 30%;...

Aletho News - 2019-07-29 - Original post - cached version

By M. K. BHADRAKUMAR | Indian Punchline | July 29, 2019 The cold war brewing in the East Mediterranean over the vast hydrocarbon reserves in the region is already ‘multipolar’. Egypt, Israel, Cyprus, Greece, the United States and Turkey figure as the main protagonists. Then, in mid-July, the...

New Eastern Outlook - 2019-07-29 - Original post - cached version

According to the World Happiness Report — 2019, which is published on a yearly basis by the United Nations Sustainable Development Solutions Network, Turkmenistan, quite a resource-rich player in the Caspian region, ended up in 87th place, thus becoming the unhappiest nation among its...

Aletho News - 2019-07-28 - Original post - cached version

Corbett • 07/26/2019 What is “intellectual property,” exactly? Where does this pernicious idea come from? And how does this philosophical wrong turn lead us not just into the heart of absurdity, but toward the censorship of the internet and the control of your genome? Find out in this jam-packed...

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