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Clash of economic interests

THE BRICS NATIONS CHALLENGE THE WEST?

THE BRICS NATIONS CHALLENGE THE WEST?

The fourth BRICS summit getting together Brazil, Russia, India, China and South Africa was held on March 28-29 in New Delhi. No matter it didn’t last long one can say with confidence it has resulted in substantial achievements. In any case it’s obvious the leaders of the member countries had no intention to confine themselves to purely symbolic resolutions, so the outcome of event looks quite telling. »»»»»

AGGRAVATION GAME:
WHY US WINS IN CASE IRAN BLOCKADES HORMUZ STRAIT?

AGGRAVATION GAME: WHY US WINS IN CASE IRAN BLOCKADES HORMUZ STRAIT?

The Hormuz Strait closure by Iran will mainly benefit US oil companies and defense industry. The action will spark a crisis that would make easier to find a solution to the US economic woes and even create an opportunity to curtail its huge external debt. »»»»»

US WILL PUNISH ITS NATO ALLIES, NOT IRAN. Will the economies of Greece and Italy finally collapse without Iranian oil?

US WILL PUNISH ITS NATO ALLIES, NOT IRAN. Will the economies of Greece and Italy finally collapse without Iranian oil?

It will be rather difficult to forge a solid economic blockade of Iran. The geopolitical opponents of the US and Israel see little point in helping them pursue their own interest, while many American allies are scared of sanctions even more than Tehran itself. »»»»»

LIKELY SCENARIO: Greek crisis — euro crisis — German political crisis — collapse of the EU

LIKELY SCENARIO: Greek crisis — euro crisis — German political crisis — collapse of the EU

Today few people doubt that the Greek crisis will turn into the euro crisis. The wish to write off Greek debts in order to avoid the future increase of debts and depreciation of loans seems to gain popularity in business and political circles. Yet the resistance of German voters, discontent with the realization of host plans will keep building up with each passing day, which means the only thing — crisis of euro may easily transform into a pan-European political crisis, which will question the very existence of the EU. »»»»»

YUAN TROUBLES AND THE CHINESE GLOBAL ECONOMIC LEADERSHIP

YUAN TROUBLES AND THE CHINESE GLOBAL ECONOMIC LEADERSHIP

At first I’d like to point out the main thesis of the material: China has long ago become the first economic of the planet. While reports on the U.S. monetary policy contain the new data on its financial troubles all the more often, the PRC macro-statistic data indicates a fantastic increment of steel, cast iron and cement production. »»»»»

THE EUROPEAN CRISIS AND THE SALVATION OF EURO.
Will the USA profiteer on the financial collapse of the EU?

THE EUROPEAN CRISIS AND THE SALVATION OF EURO. Will the USA profiteer on the financial collapse of the EU?

According to Soros, Germany is to save Greece on the account of its own economy and the wealth of its citizens, which is fraught with tremendous political and economic risks for Germany. That’s an equivocal situation indeed that makes us thinking that European crisis benefits the USA. Mind that if the ratings of European banks are collapsed and the major European states are bled by the donor transfusion of their money in favor of weaker countries, then the investors’ preferences (along with their money) will flow to better place, i. e. the USA. »»»»»

CHINA IS TO BE BLAMED FOR THE... GLOBAL CRISIS.
Says Barack Obama and the U.S. financial bodies

CHINA IS TO BE BLAMED FOR THE... GLOBAL CRISIS. Says Barack Obama and the U.S. financial bodies

When all the attempts to overcome crisis fail, the witch hunt starts. The only way to give a satisfactory explanation for the obvious discrepancy of the undertaken actions and actually achieved results is to find an enemy without. »»»»»

"OCCUPY WALL STREET" MOVEMENT:
American media looks right through it

"OCCUPY WALL STREET" MOVEMENT: American media looks right through it

Both American government and the state financial system made plenty of common Americans suffer. Still, hotbeds of protest and mass rallies take place just like 40 years ago. They haven’t become particularly crowded as of yet and American media prefer ignoring their very existence. Meet the laws of post-modern information age: several thousand Middle-Eastern protesters make up a heroic national uprising against the tyranny, while the same sort of rally in the USA is merely a bunch of lunatics, threatening public order and national security. »»»»»

REVENGES OF THE EUROPEAN COMMISSION.
Searches at Gazprom offices is the European reaction to South Stream and poor prospects of Nabucco

REVENGES OF THE EUROPEAN COMMISSION. Searches at Gazprom offices is the European reaction to South Stream and poor prospects of Nabucco

The searches at German and Czech Gazprom subsidiaries that took place in the end of September are seemingly the revenge of the European Commission for South Stream and poor prospects of Nabucco. In reality the EU should have better consolidated partnership with Russia as long as our country has the largest gas deposits in the world — the cleanest kind of fuel. »»»»»

IS EURO BECOMING "CONTAGEOUS"?
Possible scenarios for the euro-crisis

IS EURO BECOMING "CONTAGEOUS"? Possible scenarios for the euro-crisis

Globalization’s playing an evil joke on the global economics. Troublesome region can hardly be "contained" and put into a financial "quarantine", isolating it from the more or less healthy EU body until the recovery. Such medical analogies are rather popular these days — the former chief economist of the IMF Kenneth Rogoff has recently stated that "euro carry crisis from one country to another like an infection". Besides there already are several patients in Europe and the doctor is in the same ward with them. »»»»»

 

 

 

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