economics

The US mid-term elections have been interpreted by the major medias in terms of the partisan divide between Republicans and Democrats. However, continuing his in-depth analysis of the social fabric, Thierry Meyssan sees a clear retreat of the Puritans faced with the Lutherans and the Catholics. Donald Trump’s political realignment, just as that of Richard Nixon before him, is close to succeeding.

    US and Venezuela have a very consensual relationship between each other because such relation is traditionally been characterized by trade, investment, and cooperation from both of the sides. But as the good and bad days are sides by side, the relations between these two countries plunged into worst level when the USA imposed economic sanctions on Venezuela because of the abuses against protestors during 2014-15 protests. The combative relations between the U.S.

The market was supposed to save the planet.

That, at least, was the argument of many economists grappling with the problem of climate change. As fossil fuels became scarcer, they pointed out, the price of oil and natural gas would go up. And then other options, like solar and wind, would become cheaper, particularly as investment flowed into that sector and drove down the cost of new technologies.

And voila: The invisible hand would gradually turn down the global thermostat.

While the European media arouse emotion by showing photographs of a drowned child and reports of crowds of refugees crossing the Balkans on foot, Thierry Meyssan demonstrates that these images have been fabricated. It’s certain that they serve the purposes of the head of the Federation of German Industries, Ulrich Grillo, and also NATO. But they do not show the phenomenon in its totality, which leads the Europeans to offer inadapted responses.

After the devaluation of the yuan, the international financial markets started trembling. Washington accused Peking of taking advantage of the market. As China wants to incorporate the yuan into the Special Drawing Rights, it is inconvenient to prolong the devaluation. Furthermore, if a currency war broke out, China would risk increasing the economic and geopolitical tensions between countries in the Asian-Pacific region. That way, the United States would have more possibilities to disrupt regional co-operation initiatives and thereby undermine China’s rise as a world power.

The Senate approved with 53 votes in favor and two against the government initiative of Cristina Fernández, which has already been backed by the Chamber of Deputies.
With the enactment of the law on Wednesday, the Argentine State recovered control of the freight and passenger rail system, privatized in the 1990s.
In fact the State has regained control over most of the country’s railway lines because of failure of the companies that controlled them to provide the services.

The Secretary General of the United Nations (UN), Ban Ki-moon said today that 8400 million dollars are needed to meet the humanitarian needs in Syria.
During the Third International Donors Conference for this Arab country, held in Kuwait with the participation of 67 countries and numerous humanitarian organizations, Ban Ki-moon warned that "the Syrians are victims of the worst humanitarian crisis of our time".

The US Treasury Department on Tuesday excluded many people and companies linked to Cuba from its list of sanctions, as part of the process of rapprochement initiated by the United States and Cuba after half a century of isolation.
In a brief statement, the Office of Foreign Assets Control (OFAC) of the Treasury reported that from the sanctions list 6 persons, 28 companies and 11 naval vessels have been removed, including vessels operating under Cypriot flag.
In almost all cases the changes have affected tourist operators and shipping companies based in Panama.

Faced with the collapse of the Ukrainian economy, the West only offers promises, says US expert.
"We have lost a quarter of the national economy," said Yatseniuk at a meeting with governors.
He further stated that hundreds of companies had to close, although Ukraine has collected more in taxes this year than in 2014 and there were no delays in social payments.
The prime minister said that, thanks to funding from the International Monetary Fund, Ukraine will pay the external debt and will be able to allocate the state budget for defense and the social sphere.

If we take into account the February inflation rate of 1.22%, Brazil has accumulated over the last twelve months 7.7%, exceeding the fiscal target set by the government of Rousseff and has reached the worst figures in the last ten years.
Gasoline rose 8.42% last month, ethanol 7.19% and diesel 5.32%, these increases have helped to push overall inflation. Public transport and education have also risen last month. In the regular courses, the monthly rise has accounted to an average of 7%.