Category: ENGLISH

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 […]

The plan to make it mandatory for Berlin to become totally “climate-neutral” by 2030 was defeated on March 26, when the relevant referendum failed to receive the minimum number of “yes” votes required to win. A victory would have forced the Berlin Senate to include a binding provision in the state’s energy transition law, providing for climate-neutrality by 2030 instead […]

One hundred years after the British Empire secretly negotiated with the French Empire, in 1916, the carving up of the “Middle East” (West Asia) into separate colonies and satrapies, diplomatic and economic efforts by China and Russia could put an end to this century of bloody divide-and-conquer strategy. Its most violent aspect was the Shia-Sunni sectarian divide that followed 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 […]

What started with a relatively small bank in California and was supposed to be no threat to the financial system, has expanded to a “systemic relevant” institution such as Credit Suisse, proving to be exactly what we had warned of: a precursor of the global financial collapse (cf. SAS 11/23). Aggravated by 15 years of money pumping, the overall debt […]

Is it nemesis that Switzerland, which nearly introduced bank separation legislation a few years ago, is now hit by a financial collapse, which could have been avoided. In Sept. 2009, Swatch founder Nicholas Hayek convinced the leader of the Swiss People’s Party, Christoph Blocher and the leader of the Social Democratic Party, Christian Levrat to jointly sponsor legislation to prevent […]

Even before Chinese President Xi Jinping landed in Moscow on March 20 for a three day state visit, the Biden Administration had announced they would reject whatever proposals came out of their discussions. National Security Council spokesman John Kirby complained to Fox News on the day before that both China and Russia “are chafing against this international rules-based order…. They […]

Throughout Europe, from North to South, protests are growing against the established parties. Specific grievances may vary from country to country, but the common denominator is the rejection of the current neo-liberal order, which has brought economic destruction, brutal social cuts and war, as the following examples show. France: Macron Saves His Skin, for Now. The situation is perhaps the […]