DOLLAR BLOW: China Launches New ‘Yuan-Ruble’ Payment Mechanism

DOLLAR BLOW: China Launches New ‘Yuan-Ruble’ Payment Mechanism

The US received a major blow to its global hegemony, and one which is sure to trigger more fighting talk from hawks in Washington. This week it was announced that China has established a ‘payment versus payment‘ (PVP) system to clear Chinese yuan and Russian ruble transactions. The aim, we’re told, is to to “reduce…

The Spanish Civil War, Revisited

The Spanish Civil War, Revisited

Call it theatre of the absurd – with a lethal subtext. Under pressure from all corners – even Donald Tusk, president of the EU Council – in his fateful date with destiny Carles Puigdemont, President of Catalonia, came up with some last-minute judo dialectics. He issued a non-denial denial Unilateral Declaration of Independence from Spain….

US Withdraws from UNESCO, Cites ‘Continuing Anti-Israel Bias’

US Withdraws from UNESCO, Cites ‘Continuing Anti-Israel Bias’

The United States and Israel have declared they are officially withdrawing from UNESCO, the UN’s cultural body which the US helped found in 1945, citing a distortion of history and bias against Israel. The US is to depart on December 31, the State Department said. “This decision was not taken lightly, and reflects US concerns…