French media call G7 ‘idiots’

Nicolas Bonnal of Boulevard Voltaire believes Russia is lucky that it wasn’t invited to the G7 summit this year, comparing the group to the company of hypocritical “idiots.”

As the West is reaching new heights of absurdity, Russia should be … Read the rest

Yuan inclusion in SDR basket inevitable

The IMF is due to re-examine the composition of its currency basket for Special Drawing Rights, a foreign-exchange reserve asset for fund members, later this year says Zhao Yongsheng.

“Our assessment now is that the substantial real effective appreciation [of … Read the rest

The IMF is due to re-examine the composition of its currency basket for Special Drawing Rights, a foreign-exchange reserve asset for fund members, later this year says Zhao Yongsheng.

“Our assessment now is that the substantial real effective appreciation [of … Read the rest

Japan invesigates drone ‘containing radiation’

Japanese authorities have launched an investigation after a small drone reportedly containing traces of radiation was found on the roof of the prime minister’s office, sparking concerns about drones and their possible use for terrorist attacks.

No injuries or damage … Read the rest

Ministerial visits to Japanese nationalist shrine provoke Chinese ire

Three nationalist ministers in Japan’s cabinet paid homage at a war shrine hated by China Saturday, despite tentative signs of a thaw in Tokyo’s long-frozen relationship with Beijing.

The visits to Yasukuni by three of the five women in Prime … Read the rest

Washington is destroying the world

The aggressive and mindless stance that Washington’s warmongers have taken toward Russia and China have shattered the accomplishment of Reagan and Gorbachev.

Reagan and Gorbachev ended the cold war and removed the threat of nuclear armageddon. Now the neocons, the … Read the rest

Is World War III coming?

Paul Craig Roberts – former Assistant Secretary of the Treasury under President Reagan, former editor of the Wall Street Journal, listed by Who’s Who in America as one of the 1,000 most influential political thinkers in the world, PhD economist … Read the rest

Paul Craig Roberts – former Assistant Secretary of the Treasury under President Reagan, former editor of the Wall Street Journal, listed by Who’s Who in America as one of the 1,000 most influential political thinkers in the world, PhD economist … Read the rest

Bank Of England leads drive for deposit confiscation

Talks under the auspices of the global Financial Stability Board (FSB) over the summer are approaching a key stage as officials aim to clinch an agreement on bail-ins and the bailing in of creditors including depositors of banks.

Finance officials … Read the rest

Japan’s stock market is imploding

nikkeiDid you see what just happened in Japan? The stock market of the 3rd largest economy on the planet is imploding. On Tuesday, the Nikkei fell by more than 610 points.

If that sounds like a lot, that is because … Read the rest