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Showing posts with the label ECONOMY

Russia overtakes Japan as world's fourth largest economy

For decades, the political West was resting on its laurels after “winning” the (First) Cold War. It also expanded the tentacles of its malignant power projection to every corner of the world, including Russia itself, where liberal exponents of US/EU/NATO implanted themselves in the Kremlin, ensuring that Moscow’s economic might is ruined, so that the Eurasian […] #Europe #Featured #Government #World Read Full Article: https://www.vtforeignpolicy.com/2024/06/russia-overtakes-japan-as-worlds-fourth-largest-economy/?feed_id=12575

Many countries want to start rupee trade with India in “game-changing” de-dollarisation step

On Monday, Union Commerce and Industry Minister Piyush Goyal said that many large and small economies around the world have expressed willingness to start trading in rupee terms with India, which could be a “game-changing” development for India’s trade. This is another important step taken towards de-dollarisation and would better protect India’s economy in case of any future US-led sanctions. India’s Union Minister said some of the countries that have expressed willingness to start trading in rupees include neighbouring Bangladesh and Sri Lanka, as well as Gulf countries. “At some point, more and more developed countries and countries in the Far East will also join […] #Asia #Featured #Government Read Full Article: https://www.vtforeignpolicy.com/2024/03/many-countries-rupee-trade-india/?feed_id=9899

Macron prioritises Ukraine despite downgraded economic recovery outlook in 2024

by Ahmed Adel, Cairo-based geopolitics and political economy researcher Bleak economic prospects further hurt France’s fragile economy, but President Emmanuel Macron still insists on prioritising assistance for Ukraine and pursuing anti-Russia agendas rather than dealing with the ever-increasing problems in his own country. French Economy and Finance Minister Bruno Le Maire reduced the country’s economic growth forecast to 1% in 2024 and announced that the Macron government would cut spending, estimated to be about €10 billion, in all ministries and in some programs to compensate for the drop in productivity and to meet obligations to reduce France’s budget deficit by 4.4% in 2024. “The principle […] #Europe #Featured #Government #UkraineWar #WarZone Read Full Article: https://www.vtforeignpolicy.com/2024/02/macron-prioritises-ukraine-despite-downgraded-economic-recovery-outlook-in-2024/?feed_id=9223

British media demands continued support for Ukraine despite domestic economic pains

by Ahmed Adel, Cairo-based geopolitics and political economy researcher The United Kingdom paid a high price for Brexit, which spurred inflation, reduced the size of its economy, and compromised the country’s investment capacity, Bloomberg reported on February 12, citing economists at Goldman Sachs. Yet, despite Britain’s economic suffering, the media are demanding a greater financial commitment to support Ukraine’s war on Russia. Leaving the European Union reduced the UK’s GDP by around 5% compared to the performance of its economic peers, according to Goldman Sachs’ chief European economist, Sven Jari Stehn. He noted that seven years after the referendum campaign, the UK has ended up with an underperforming […] #Europe #Featured #Government #UkraineWar #WarZone Read Full Article: https://www.vtforeignpolicy.com/2024/02/british-media-demands-continued-support-for-ukraine-despite-domestic-economic-pains/?feed_id=9007

Is IMF pushing 'Russian propaganda' now?

In the aftermath of the special military operation (SMO), the political West insisted that Russia was finished. Its economy was supposed to be in tatters, while the Kremlin was even expected to default after much of its foreign exchange (forex) reserves were frozen (i.e. stolen) by Western banks. After all this failed, the US-led belligerent power pole tried to impose the laughable price cap on Russian oil, one that even some of the most prominent Western nations tried to circumvent, including Japan and even the infamously Russophobic United Kingdom. As for the United States, it continued buying Russian commodities while criticizing everyone else who did. Still, through its […] #Featured #World Read Full Article: https://www.vtforeignpolicy.com/2024/02/is-imf-pushing-russian-propaganda-now/?feed_id=8667

Feedback Loops: A Walk Through History Repeating Itself

In order for motivation to occur, according to the Expectancy Theory of Motivation, three conditions must be present: An observable reward, knowledge of the actions to be taken to achieve the reward and finally, confidence that the operator can carry out the actions needed. If all three are present, motivation will then move the operator to begin taking those actions – thus motivation occurs. These three motivational values are of course present to a greater or lesser degree and are also fluid. For example, rewards may become less attractive as the amount of effort increases. Confidence in carrying out the […] #History #Life Read Full Article: https://www.vtforeignpolicy.com/2023/09/feedback-loops/?feed_id=4062

Economics At Street Level

The word “Economics” conjures up images of arcane formulas and principles that must be mastered in order to understand some new arcane principle that explains nothing. Consequently, I would like to begin my essay on Economics with the following train of events. Man, saturated in sexuality, happens upon a very beautiful woman much as King David happened upon Bathsheba, spying on her at her bath. One does not need a lesson in Economics to understand what happened next. What happened next was another mouth to feed and that need, by societal prescription, must be met. That is economics. Economics is […] #History #Life Read Full Article: https://www.vtforeignpolicy.com/2023/09/economics-at-street-level/?feed_id=3306

Putin Winning the Military Warfare alongside the Economic One

by Carlo Domenico Cristofori President Vladimir Putin was asked again last Friday at the St. Petersburg International Economic Forum about Russia’s nuclear strategy. Recently, Moscow began to deploy nuclear weapons in Belarus. Meanwhile, domestically, a public debate has started over the possibility of a first use of nuclear weapons against NATO in the context of the […] #Featured #UkraineWar #World Read Full Article: https://www.vtforeignpolicy.com/2023/06/putin-is-winning-the-military-warfare-alongside-the-economic-one/?feed_id=1480

Is This The End of Derivative Financial Capitalism and the Crypto-Currency Bubble?

Is This The End of Derivative Financial Capitalism and the Crypto-Currency Bubble?

VT's Claudo Resta examines the global economy and it's impact on our future

Afghanistan Crisis Hampering Economic Development in Region

VT's Hanan Habibzai reports from Afghanistan

Afghanistan Crisis Hampering Economic Development in Region

VT's Hanan Habibzai reports from Afghanistan

For Security and Survival, China Must Understand The Global Reality

The Global Elite plan involves sucking the last drop of blood from the US Empire and moving on to a new host; China.

Harvard Khazarians Looted Russia in 1991

When Russian Communism fell in 1991, the Khazarian Mafia and its assigns could not wait to sink their greedy claws into the new Russia.

How Russia Will Counterpunch U.S./EU Declaration of War

Slowly but surely, we are already on the way to the emergence of a sizeable Global South bloc immune to American financial warfare.