MOSCOW, May 15 (Xinhua) — On the eve of his two-day state visit to China, which starts on Thursday, Russian President Vladimir Putin took a written interview with Xinhua.
Tag: world economy
The Red Sea Crisis Proves China Was Ahead of the Curve
The Belt and Road Initiative wasn’t a sinister plot. It was a blueprint for what every nation needs in an age of uncertainty and disruption.
The Red Sea Crisis Proves China Was Ahead of the Curve (archived)
US economy expanding?
The first estimate of third quarter real GDP growth in the US was released yesterday. It showed the US economy expanded by an annualised rate of 4.9%. The Financial Times called this a “blistering pace that, not for the first time, defied gloomier predictions from economists.” US Treasury Secretary Janet Yellen commented that “It’s a good, strong number and it shows an economy that’s doing very well,” and she is “not expecting growth at that pace to continue, but we do have good, solid growth.”
US economy expanding?
German economic slump will be worse than feared, warn economists
Country’s GDP set to fall as it struggles with the energy crisis supply chain disruption
German economic slump will be worse than feared, warn economists
Crude Inventories Decreased By 6.3 Million Barrels
The EIA report showed that U.S. was buying oil for the Strategic Petroleum Reserve despite rising oil prices.
Crude Inventories Decreased By 6.3 Million Barrels
BRICS Invites Six Countries to Join Bloc in Major Expansion
Saudi Arabia, Iran, Argentina, the UAE, Egypt, and Ethiopia were invited
BRICS Invites Six Countries to Join Bloc in Major Expansion
Video via Sean Foo
Related:
Putin’s speech at the 15th BRICS Summit in Johannesburg
Yellen secretly yells for China’s help
By Herman Tiu Laurel
The US and its President Biden has been looking sillier and sillier to America’s global audience the past months. Take the inane “Chinese spy balloon” hullabaloo the shadowy anti-China political-media network concocted in February, Pentagon just a few days ago, on June 30, now officially admits “did not collect intelligence while flying over the country.” Yet, that spy thriller concoction delayed Blinken’s “reconciliation” visit to China by five months, pushing through only on June 18.
Yellen secretly yells for China’s help
Related:
‘Nearly A Third Of The World Economy Is Now Subject To Sanctions’
The Center for Economic and Policy Research (CEPR) just published a study about:
The Human Consequences of Economic Sanctions.
The results are as any observer of such acts would expect. Sanctions are used too broadly. They hardly ever serve their supposed original purpose and do not reach their aims. They hurt the poor more than the supposedly targeted leaders of this or that country.
‘Nearly A Third Of The World Economy Is Now Subject To Sanctions’
De-Dollarization Kicks Into High Gear
The US dollar is essential to US global power projection. But in 2022, the dollar share of reserve currencies slid 10 times faster than the average in the past two decades.
De-Dollarization Kicks Into High Gear
Related:
Ms. Cat’s Chronicles 
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