Economics

US congressman explains ‘blowing up’ Taiwan comment

RT | May 11, 2023 US Representative Seth Moulton on Thursday accused the Chinese government of twisting his remarks about destroying the Taiwanese semiconductor industry in order to ruin Washington’s relations with Taipei. “One of the interesting ideas that’s floated out there for deterrence is just making it very clear to the Chinese, that if […]

US confiscates assets of Russian businessman for ‘rebuilding Ukraine’

Press TV – May 11, 2023 The US Justice Department has announced the first transfer of assets illegally confiscated from a Russian businessman to a fund purportedly intended for “rebuilding Ukraine” amid its persisting efforts to punish entities on good terms with Moscow. US Attorney General Merrick Garland declared in a statement on Wednesday the […]

America faces major hurdles trying to form ‘Asia-Pacific NATO’

By Drago Bosnic | May 11, 2023 While serving as the UK Foreign Secretary, Liz Truss pompously announced that so-called “Global NATO” was in the making, while also calling for the United Nations to be reformed to the political West’s liking (although quite the opposite is sorely needed). However, the ever-belligerent power pole seems to be […]

Biden unilaterally extends ‘national emergency’ targeting Syria

The Cradle | May 9, 2023 On 8 May, US President Joe Biden signed a new one-year extension for the “national emergency” declared concerning Syria, just one day after the Arab League approved Damascus’ reentry to the bloc despite Washington’s objections. Initially signed in 2004 by former president George W. Bush, Executive Order 13338 classified Syria, a nation nearly 10,000km away […]

Türkiye won’t toe Western line on Russia sanctions – FM

RT | May 8, 2023 Ankara has no plans to support the Western economic restrictions against Russia, foreign minister Mevlut Cavusoglu insisted in an interview on Monday. Türkiye’s top diplomat made the comments to the Lider Haber TV channel in the run-up to the country’s presidential and parliamentary elections, due to take place on Sunday. […]

The Practical Impossibility of Large-Scale Carbon Capture and Storage

By Steve Goreham | MasterResource | May 2, 2023 “CCS has been slow to take off due to the cost of capture and the limited salability of carbon dioxide as a product. Thirty-nine CCS facilities capture CO2 around the world today, totaling 45 million tons per year, or about one-tenth of one percent (0.1%) of industrial emissions produced […]