Saturday, September 23, 2023
Failed..
Friday, September 22, 2023
Joining..
President Xi jinping is in South Africa, attending the BRICS Summit.
As he said, The BRICS countries are important force in shaping the international landscape. We independently choose the development path, jointly defend the right to development, and move towards modernization together, which represents the direction of human society and will profoundly affect the development process of the world.
The influence is changing. the Economic power, the dollar, the military might of the USA with sanctions activated on many countries, is not much attracting now a days.
Protest..
Last September, Italians in Rome, Milan and Naples burned their energy bills in a coordinated protest against soaring prices.
Researchers have defined an unprecedented global wave of more than 12,500 protests across 148 countries over food, fuel and cost of living increases in 2022. And the largest were in Western Europe.
Prices of food and especially energy were pushed up first by the war in Ukraine and enhanced it by additional USA sanctions on Russia's Energy.
Point..
Russia refused to extend the deal in July, complaining that a parallel agreement promising to remove obstacles to Russian exports of food and fertilizer hadn’t been honored.
It said restrictions on shipping and insurance , sanctions by USA, hampered its agricultural trade.
The price of the sanctions is not just imposed upon Russia.
Thursday, September 21, 2023
Gravy..
President of Ukraine is finding his latest visit to Washington a much tougher occasion.
Zelenskiy was given a standing ovation addressing a joint sitting of Congress in December.
This time, he addressed the Senate in a closed session, but House Republicans turned down a request to address both chambers again. They are also reported to have turned down an administration briefing on Ukraine. (The USA is 150 Billion Dollars shorter by now)
Zelenskiy arrived on Capitol Hill in the midst of a bitter spending battle that could trigger a government shutdown, and he faced difficult conversations when he met congressional leaders behind closed doors.
The (deep) gravy train is drying out.
Wednesday, September 20, 2023
Yuan..
A recent House Financial Services subcommittee hearing on the dollar focused primarily on how Washington uses it to enact sanctions on countries like Russia, as well as the risks of emerging economies moving away from the dollar.