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#Russia Today (Russia)

193 articles

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South America under threat

The United States shall set up a new military base in Peru

by Ariel Noyola Rodríguez

Mexico City (Mexico) | 25 January 2017

Following the parliamentary impeachment of Dilma Rousseff (Brazil) and Mauricio Macri’s arrival at the Pink House (Argentina), the United States is desperately trying to increase its military presence in Latin America, focussing particular attention on the South Cone. Peru, a member state of the (…)

Asian Infrastructure Investment Bank’ First Annual Summit

China is setting up the menu for Global Financial Order

by Ariel Noyola Rodríguez

Mexico City (Mexico) | 9 September 2016

During the first Annual Summit organized by the Asian Infrastructure Investment Bank (AIIB) in Beijing, China has shown her intention to take over the global leadership in infrastructure investment. By the end of this year, AIIB would have more than 100 members, making it the first lending (…)

The economy of the United States is unable to emerge from the mud

by Ariel Noyola Rodríguez

Mexico City (Mexico) | 23 June 2016

The US labour market has begun to stumble. In the past month of May, non-agricultural labour added 38 thousand new jobs while the Wall Street investors hoped for an increase of 160 thousand, Janet Yellen, the President of the Federal Reserve System, had no alternative but to leave the reference (…)

The petroyuan is the big bet of Russia and China

by Ariel Noyola Rodríguez

Mexico City (Mexico) | 20 May 2016

After the economic sanctions that the United States and the European Union imposed against Russia, Moscow and Beijing put together an imposing energetic team that has radically transformed the world oil market. In addition to increasing their interchange of hydrocarbons exponentially, both (…)

The winds of a new recession gather force in the United States

by Ariel Noyola Rodríguez

Mexico City (Mexico) | 1 April 2016

Many have insisted on promoting the idea that the recovery of the United States economy is gathering strength for some time. Even high level functionaries of international financial organisms have declared that the North American economy has managed to escape the tendency of low growth that (…)

Where will the next global economic crisis explode?

by Ariel Noyola Rodríguez

Mexico City (Mexico) | 4 February 2016

The year 2016 has hardly begun and the losses in different stock markets around the world care colossal: nearly 8 trillion US dollars during the first three weeks of January according to the calculations of the Bank of America Merrill Lynch. The Government of the United States made addicts of (…)

Why it is urgent to break the Bank of the South paralysis?

by Ariel Noyola Rodríguez

Mexico City (Mexico) | 20 January 2016

The leaders of South America are in a point of divergence. The economies of the Latin American region regressed in 2015 and, according to diverse estimations will not grow in 2016. Nothing indicates that commodity prices will rally. The dilemma between adjustments, public spending and seeking (…)

US Congress gives in and passes the IMF quotas reform

by Ariel Noyola Rodríguez

Mexico City (Mexico) | 7 January 2016

Apparently the year 2015 marks the beginning of the new IMF interior revolution. First the incorporation of the yuan into the SDR’s was approved, the reserve basket created in 1969 to serve as a supplement of member nations’ official reserves. And now, thanks to approval from the US Congress, (…)

The yuan will be the third most powerful currency in the IMF basket

by Ariel Noyola Rodríguez

Mexico City (Mexico) | 10 December 2015

In spite of the fierce opposition of the US treasury Department, on November 30 the IMF finally approved the inclusion of the yuan in the Special Drawing Rights, the currency basket created in 1969 to complement the official reserves of the members of the multilateral organization. With this the (…)

World yuan-ization thanks to the City of London

by Ariel Noyola Rodríguez

Mexico City (Mexico) | 5 November 2015

The Government of China promotes the internationalization of «the people’s currency» (‘renminbi’) through a policy of alliances that does not take ideological barriers into account. In a first moment the diplomatic forces of the yuan were concentrated in Pacific-Asia, but in a second moment, it (…)

The Federal Reserve is in panic

Employment growth is submerged in stagnation

by Ariel Noyola Rodríguez

Mexico City (Mexico) | 14 October 2015

The ego of Janet Yellen has broken into a thousand pieces. The new data published some days ago by the US Department of Labor confirms the hypothesis of the economist Ariel Noyola Rodríguez, who had maintained since last year that the United States’ labour market was much more fragile than was (…)

Russia precipitates the abandonment of SWIFT among the BRICS

by Ariel Noyola Rodríguez

Mexico City (Mexico) | 6 October 2015

After the reintegration of Crimea in Russian territory, the United States has pressured regulatory authorities of the European Union to restrict the access of Russia to SWIFT, the system of international payment founded by 200 Anglo-Saxon banks in the decade of the 1970s. In response, the (…)

Deflation is the worst nightmare for the United States

by Ariel Noyola Rodríguez

Mexico City (Mexico) | 20 September 2015

For several months the Federal Reserve has insisted that with the recovery of the North American economy they are in a tail wind. However, the multi-millions of monetary stimuli (“Quantitative Easing”) and maintaining the “federal funds rate” close to zero have not been sufficient to completely (…)

The devaluation of the yuan tests China’s rise as a world power

by Ariel Noyola Rodríguez

Mexico City (Mexico) | 31 August 2015

After the devaluation of the yuan, the international financial markets started trembling. Washington accused Peking of taking advantage of the market. As China wants to incorporate the yuan into the Special Drawing Rights, it is inconvenient to prolong the devaluation. Furthermore, if a currency (…)

The BRICS’ pending affair

Lead the world economy’s yuan-ization

by Ariel Noyola Rodríguez

Mexico City (Mexico) | 17 July 2015

In international press, a lot of ink has been devoted to the BRICS. Without a doubt the participation of the five-party in the world economy block has increased over the course of the last years, competing directly with the United States and the European Union. However, the details about the New (…)

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