Author: Christine Schier

Measures taken by EU governments ostensibly to ameliorate the impact of high energy prices on consumers are not only insufficient, but wittingly criminal. Family rebates and tax reductions on gasoline prices just ensure handsome gains for financial speculators. When Italian Minister Roberto Cingolani speaks of a “colossal fraud”, he might be ignorant of how pricing mechanisms work, but the European […]

On March 23, Deutsche Bahn (DB) was forced to halt transport of rail freight for several hours, because the supply of electricity — the company manages its own power stations — had collapsed to such an extent that there was no capacity available to operate non-passenger trains. Logistics firms that manage rail freight had received no pre-warning, and their association […]

German Economy and Climate Protection minister Robert Habeck (of the Green Party) has put the national emergency plan on gas supplies in a pre-alarm stage. That plan includes three levels: pre-alarm, alarm and emergency. The first includes the establishment of a working group that monitors the situation and can decide to cut energy to some end-consumers. However, in order to […]

While Western leaders were involved in emergency discussions last week on imposing their “rules-based order” worldwide, spurred by the last-minute visit by U.S. President Biden to Europe (cf. above), intense diplomacy was also being carried out in Asia in a very different perspective, reflected in the packed agenda of China’s State Councilor and Foreign Minister Wang Yi. It confirms that […]

Liu Zhiqin, a noted Chinese economist at the Chongyang Institute for Financial Studies, in an interview with CGTN’s Tian Wei on March 23, was asked to comment on the global economic effects of the U.S. sanctions regime on Russia. He noted that it “has already been estimated that the spread of COVID will lead to conditions of starvation for 200 […]

On March 23, one day before President Biden left for emergency discussions on war with NATO and EU leaders, followed by a trip to Poland, U.S. National Security Adviser Jake Sullivan told the press that while the United States has “not changed our nuclear posture to date,” President Biden “will be consulting with Allies and partners on that potential contingency”. […]

The title above was given by Helga Zepp-LaRouche to an article she wrote March 12 for Neue Solidarität, and which is available in English here. In the confrontation between NATO and Russia over Ukraine, she notes, we are now “in uncharted waters”. Depending on how the West reacts, we may end up in “a complete collapse of the global economic […]

The economic warfare against Russia unleashed in the past weeks has been on the agenda since well before the current “Ukraine” crisis, as was confirmed by “unnamed” White House officials on Jan. 25 (cf.SAS 5/22). Their statement confirmed President Putin’s firm belief that Russia would be subjected to harsh sanctions no matter what course he took in dealing with Ukraine. […]

In an article appearing in this week’s issue of Executive Intelligence Review, EIR economic editor Paul Gallagher describes the disruption to the world economy produced by western sanctions against Russia. “Led by London, Wall Street and Washington, NATO is bringing the world economy down willfully and deliberately, although with ‘unintentional’ and disastrous consequences”, Gallagher wrote. The de facto banning of […]

Jacques Cheminade, president of Solidarité et Progrès and a former French presidential candidate, issued a statement on March 9, 2022, explaining why the European Union should not accept the membership of Ukraine. One compelling, but little known reason is that it would basically allow NATO forces to be stationed on its territory. Here are long excerpts from his statement. (The […]