Washington’s campaign to lure Russian citizens into becoming spies is doomed to fail because the Russians will not allow a foreign power to stir up confusion at home, Anatoly Antonov, the country’s ambassador to the US, has said. His statement came after the CIA released a new ad urging Russians …
Read More »Biden is sending Ukraine billions of dollars of weaponry it can’t use properly
After hounding the US and other NATO members for weeks about his need for heavy weapons to defend against Russia’s ongoing “special military operation”, Ukraine’s President, Volodymyr Zelensky, appears to have been granted his wish. The US Congress, on April 28, passed legislation that breathed life into a World War …
Read More »Russians ditching dollars and euros for yuan – survey
Russian banks saw a sharp increase in the number of Chinese yuan accounts last month, a survey by financial daily Kommersant has found. According to the publication, Russian citizens were actively converting their forex savings to the Chinese currency, while the number of new accounts denominated in yuan also grew …
Read More »This sector of the economy raised a record half trillion dollars in 2021
More than 2,000 IPOs, not including special purpose acquisition companies (SPACs), raised $402 billion in 2021 globally, data from Refinitiv shows. This represents growth of 81% in proceeds and a 51% increase in the total number of IPOs from the year before. SPACs, or shell companies listed on a stock …
Read More »You can’t win against China with billions of Pentagon dollars
Congress has authorized $7 billion for the Pacific Deterrence Initiative, the Pentagon’s program to confront China. This continues the US’ flawed practice of throwing money at the military to solve problems created by bad policy. Like its predecessors, the PDI is doomed to fail. The 2022 National Defense Authorization Act …
Read More »WATCH teachers battle for dollars in schools funds
The video shared on social media by a local reporter shows teachers taking part in a ‘Dash for Cash’ event, which includes the educators wearing helmets and scrambling for about $5,000 worth of single-dollar bills in a hockey rink. Ten teachers were invited to battle for the cash at a …
Read More »Facebook could face millions of dollars in fines from Russia for failing to delete banned content, Moscow’s media regulator warns
On Thursday, the country’s digital watchdog, Roskomnadzor, told Moscow daily Vedomosti that it was preparing the charges ahead of a showdown meeting with the California-based firm next month. Following that, a court will determine the size of any financial restitution to be paid. Officials say that, given it would be …
Read More »Russia & China continue ditching US dollars in settlements in favor of national currencies
“We are starting in September, and by the end of the year we can transfer virtually all payments for aviation fuel in China to yuan,” Dyukov said. He added that settlements for refueling Chinese airliners at Russian airports will be converted into rubles. The agreement has been reached between Gazprom …
Read More »After 20 years & billions of dollars, the American defeat in Afghanistan is worse than the Soviet failure…how has this happened?
In December 1979, Soviet forces invaded Afghanistan to support the unpopular government of the ruling People’s Democratic Party of Afghanistan (PDPA). They soon found themselves bogged down in a bloody war against the mujahideen guerillas. Nine years later, the Soviets decided that there had been enough bloodshed and, in May …
Read More »American taxpayers have now spent more than ONE BILLION dollars on arming Ukraine. But are they getting value for their money?
The escalations kicked off in May with the colossal DEFENDER Europe drills. That show of firepower saw 28,000 troops deployed across the continent. Now, months later, a new row has been ignited after a British warship, the HMS Defender, crossed the border into Crimean waters in the Black Sea. This …
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