Category: ENGLISH

In the wake of the Credit Suisse debacle, the need to reinstate a strict separation of banks along Glass-Steagall criteria in order to avoid future bank bailouts is gaining support in Europe. In Switzerland, the bipartisan coalition that campaigned for bank separation in 2009-2014 is being formed again, while the leading government party in Italy, Fratelli d’Italia, has filed a […]

As always in trying to understand the political storms surrounding Donald Trump, beginning with Russiagate and continuing up to his indictment last week by a New York City prosecutor, a deep dive into context is essential, as nothing which appears on the surface is real. That is why the former President’s characterization of reporting about him as “fake news” resonates […]

It’s an understatement to say that President Biden’s second “Summit for Democracy” on March 28-30 was not the success he had planned. The president of the Council on Foreign Relations, Richard Haass, called it “a bad idea that won’t go away”, given that “American democracy is hardly a model for others”. And Financial Times editor Edward Luce pointed to the […]

“Without the Development of All Nations, There Can Be No Lasting Peace for the Planet”, is the theme of the international online conference the Schiller Institute will hold on Saturday, April 15, 2023, from 4 pm to 11 pm CET, featuring speakers from around the world. The proceedings will be in English, with simultaneous translation provided in French, German and […]

Faillites bancaires, ruées sur les dépôts, chute des bourses, injections de liquidités. On pourrait croire à une réplique de 2008, mais ce serait trompeur car c’est bien pire ! Prenons les pertes subies par les banques suite à la dépréciation de leurs actifs due à la hausse des taux. Selon une étude du 13 mars 2023 publiée sur le site SSRN, […]

Presidents Xi and Putin held extensive meetings in Moscow March 20-22, as fresh supplies of weapons and ammunition from the West were pouring into Ukraine, and the Biden Administration had just announced $1 billion more in military aid, adding to the total of $33 bn. already made available to Kyiv. At the same time, from London, the Ministry of Defence […]

The visit of President Xi Jinping to Moscow was the subject of a discussion organized by Helga Zepp-LaRouche on her Twitterspace on March 26. Her special guest was Einar Tangen, an American living in China since 2005, who is a leading fellow at the Taihe Institute, an independent, non-profit think tank based in Beijing that promotes global peace and development. […]

This week will see the second meeting of U.S. President Biden’s “Summit for Democracy” take place online March 28-30. What the Biden Administration has not yet realized, is that, outside of the western “cocoon”, the “democracy vs. autocracy” mantra has lost credibility throughout the world. Excluded from the event are those who openly challenge the rules-based order, including China, Russia, […]

Thanks to the sanctions against Russia and the EU’s idiotic energy policy, the EU trade balance suffered a loss of over €400 billion income in 2022. From a surplus of €105.3 billion in 2021, it plunged to a deficit of €333.5 billion. The three largest economies, Germany, France and Italy, carried the bulk of the collapse: Germany lost nearly €100 […]

As the 2008-2009 crisis broke out, many called for reinstating a Glass-Steagall type of bank regulation, separating commercial banks from investment banks. Governments decided, instead, to listen to the “financial industry”, and adopted completely inadequate measures. Since then, EIR and the Schiller Institute have consistently called for a Glass-Steagall reform, and now that the crisis is in full swing, legislators […]