Russian President Vladimir Putin’s approval rating has hit a new all-time high, according to data from a recent poll of its citizens, RT reports. According to the report, the data from the latest poll shows that 85 percent of Russian citizens trust President Vladimir Putin and 74 percent said they would vote for him – again – if the … Continue reading
The Russian Central Bank now has 91 banks that will participate in the nation’s domestic banking payment system, a rival to SWIFT, Sputnik news and RT report. SWIFT (The Society for Worldwide Interbank Financial Telecommunication) is a Belgium-based global organization that provides services and a standardized environment for global banking communicating that allows financial institutions to send and … Continue reading
Much analysis is missing perhaps the most important potential role of China’s Silk Road aspirations. By Ma Junjie Three years ago, I took part in a tour of the Grand Bazaar in old town Istanbul. Among various spices, embroideries, artifacts, and foods, silk was in short supply. That surprised me; it was as though I … Continue reading
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement yesterday (February, 12th) in Brussels. “I am pleased to announce that the IMF team working in Kiev has reached a staff-level agreement with the Ukrainian government on a new economic reform program that would be supported by an Extended Fund Facility of … Continue reading
The situation in the heart of Europe looks pretty bleak at the moment. A shaky ceasefire deal is supposed to take effect on February 15, but many of the substantive elements of a deal that would allow all sides to walk back from a bloody war in Ukraine were missing from the final text. By Ben Aris … Continue reading
Nearly a decade ago, a keen observer of Honduras produced a damning analysis of the country. “In a very real sense, Honduras is a captured state,” he began. “Elite manipulation of the public sector, particularly the weak legal system, has turned it into a tool to protect the powerful,” and “voters choose mainly between the two … Continue reading
By Michael Snyder The stock market continues to flirt with new record highs, but the signs that we could be on the precipice of the next major financial crisis continue to mount. A couple of days ago, I discussed the fact that the U.S. dollar is experiencing a tremendous surge in value just like it … Continue reading