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Russia arranges final payments to "hostile states"

9 March 2022

The Russian government issued a decree stipulating the means of payment that Russian companies are to adopt with regard to their foreign debtors.
First, it established a list of “hostile states”: Albania, Andorra, Anguilla, Australia, Canada, South Korea, United States, Gibraltar, British (...)

China-US high-level talks in Switzerland

8 October 2021

The South China Morning Post revealed that high-level contacts between Washington and Beijing have taken place in Switzerland [1].
US National Security Advisor Jake Sullivan met with Yang Jiechi, former Chinese Ambassador to the US and currenty the Communist Party’s chief diplomat.
The two (...)

«Current Concerns», n°18, August 12, 2018

Sovereignty and economic globalization

Zurich (Switzerland) | 16 August 2018

The sovereign state is indispensable – especially in a globalised economy, by Marianne Wüthrich / Safeguarding and expanding rights – securing prosperity / US domestic policy sabotages détente with Russiam by Hannes Hofbauer / Words from Helsinki that the world has been waiting for, by Willy (...)

US applies sanctions against Iran

14 May 2018

US President, Donald Trump, has issued the following edict to all countries and private businesses: you have between 90 to 180 days, depending on the sector you’re in, to wrap up all your business with Iran.
– Sanctions on metal, currency, debt and every type of automotive vehicle, will apply (...)

«Current Concerns», n°3, February 8, 2018

Catholic social teaching

Zurich (Switzerland) | 21 February 2018

“The control mechanisms in the current financial system have become so overwhelming”. Quadragesimo Anno more topical than ever, by Heinrich Wohlmeyer / It’s true: NATO with its eastward expansion has violated all pledges made. Russia’s deepest fears have been realized, by Eric S. Margolis / (...)

Santiago de Chile: the yuan’s financial stronghold in Latin America

by Ariel Noyola Rodríguez

Mexico City (Mexico) | 15 August 2015

Economic relations between China and Latin America are living increasing tensions. As a result of deflation (fall in prices) on a global scale, the South American region is suffering the consequences of concentrating the bulk of its exports to China on commodities. However, the opening of the (...)

Communiqué of G20 Finance Ministers and Central Bank Governors

23 February 2014

1. We welcome recent signs of improvement in the global economy, in particular, growth strengthening in the United States, United Kingdom and Japan alongside continued solid growth in China and many emerging market economies , and the resumption of growth in the euro area. Some key tail risks (...)

Report of the Financial Stability Board to G20 Leaders

Saint Petersburg (Russia) | 30 August 2013

A Narrative Progress Report on Financial Reform
The G20 committed in 2008 to a fundamental reform of the financial system, to correct the fault lines that led to the global financial crisis and to rebuild the financial system as a safer, more resilient source of finance that better serves (...)

France chooses the path of austerity

by Salim Lamrani

Paris (France) | 5 January 2013

Despite the election of socialist François Hollande to the presidency of the Republic, France, far from breaking with the neoliberal model that has led much of Europe toward disaster, has chosen the path of austerity.

Wall Street "secret government" outed

by Les Leopold

6 December 2011

American democracy has been hijacked by a secret government that many researchers have identified as being a powerful oligarchy that manipulates from behind the scenes the very essence of the state, controlling the financial wealth of the country beyond the reach of any State institution. (...)

The future of public debt: prospects and implications

by The Bank for International Settlements ( BIS) , Fabrizio Zampolli, M S Mohanty, Stephen G Cecchetti

12 April 2010

The effects of the economic crisis on the developed countries are much deeper than political pundits would have us believe. Accordingly, in 2011, the United States will have a public debt comparable to its GNP. Due to population ageing in most Western countries, forecasts say that deficits (...)

Ahmadinejad: the United States are guilty of the "greatest robbery in History"

5 March 2010

Speaking before the representatives of the D8 (a group of 8 developing countries made up of Bangladesh, Indonesia, Iran, Malaysia, Pakistan and Turkey), the Iranian president denounced the world financial system.
Mahmoud Ahmadinejad sustained that over the past 30 years the United States (...)

Declaration by Ólafur Ragnar Grímsson about the collapse of Iceland banks

by Ólafur Ragnar Grímsson

Reykjavík (Iceland) | 5 January 2010

Ólafur Ragnar Grímsson
The collapse of our banks and the difficulties following in the wake of the world economic crisis have created profound difﬁculties. Although the Icelandic state has undertaken various liabilities of a magnitude greater than those involved in the Icesave case, (...)

Made in USA

Bernard Madoff: Wall Street Swindler Strikes Powerful Blows for Social Justice

by James Petras

New York (USA) | 26 December 2008

Wall Street broker Bernard (‘Bernie’) Madoff, former president of NASDAQ, revered and respected investor confessed to pulling off the biggest fraud in history, a $50 billion dollar scam. Bernie was known for his generous philanthropy, especially to Zionist, Jewish and Israeli causes.

Globalization

Building a North American Community

by Pierre Hillard

14 December 2005

The true nature of today’s European Union has become evident in the simultaneous construction of a North American community whose aim is to merge with the former. Pierre Hillard analyzes this project as it is described in documents by Mexican, Canadian and American influential authors.

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