Commodity Prices and Inflation: It’s Not China, but BlackRock

On June 11, the U.S. Bureau of Labor Statistics published data showing the highest inflation rate since 2008. The Consumer Price Index rose at an annual rate of 5% in May, up from 4.2% in April, reflecting a continuous rise of commodity and food prices driven by financial speculation. Global food prices rose for the 12th month in a row […]

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A Precedent for Europe? Switzerland Votes Down CO2 Act

In a referendum held on June 13, Swiss citizens voted down the country’s new climate law, the “CO2 Act” with a 51.5% majority. The law, by imposing higher taxes and fees on use of fossil fuels, would have caused a steep rise in the cost of living, which is already high in the country, as everyone would be affected by […]

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A British Command Center Set Up to Mobilize Europe Against China

An apparatus built up by the British and the Americans since the beginning of 2020 around the phony issue of Beijing’s alleged violations of the rights of the Uighur minority in Xinjiang has been pushing hard to get the Europeans to join their anti- China policy. These are the forces and organizations that are responsible for sabotaging the Comprehensive Agreement […]

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Military and Intelligence Flaunt Their Control over Internet

Reddit is one of the world’s top internet sites, with 1.2 billion visits in April 2021, making it the eighth most-visited site in the United States, ahead of Twitter, Instagram, and eBay (not to mention the mainstream media) and the 18th most-visited in the world. So why as so little attention been paid to who runs this social news aggregator? […]

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Sign up for the Schiller Institute International Conference, June 26-27

“For the Common Good of All, Not Rules Benefitting the Few!” is the banner under which the Schiller Institute will hold a two-day online conference on June 26–27, as part of a continuous process to build a strong anti-Malthusian alliance worldwide, incorporating a network of people who understand the profound importance of a Renaissance of Classical culture. We quote from […]

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Is the US Going the Way of the Collapsed Soviet Empire?

The upcoming G7 meeting and the Biden-Putin summit on June 16 in Geneva mark a phase in which the trans-Atlantic war party is considering making some concessions to avoid completely alienating the Western partners (as with Nord Stream 2) and thus maintain control over the situation. However, the strategic dynamic has not changed. Russian President Putin, for his part, told […]

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President Biden Heads to Europe to Strengthen the “Rules Based Order”

Despite several contacts in the last weeks between top representatives of Presidents Biden and Putin, which were described as “business-like” and “cordial”, the White House has continued to adhere to a confrontational approach, even framing the June 16 summit as one in which the United States will be representing the “democracies”, standing up against an autocratic Russia. An op ed […]

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Inflation: Central Banks Are Playing with Fire

Inflation is already a global reality. Consumer prices in April had risen by 2% in the Eurozone (even Germany is at 2.5%), by 3.3% on average in the OECD and 4.2% in the U.S. The Eurozone figures challenge the ECB policy target of “close to, but below 2%”, raising the question of whether the Frankfurt-based bank will change monetary policy. […]

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NATO Declares Itself a Political Organization, With an Expanded Remit

NATO is no longer merely a military alliance engaged in mutual defense of its Atlantic members, it is now a politicalmilitary alliance with concerns and interests across the globe. Such was the message put out by its Secretary General Jens Stoltenberg in a virtual speech on June 4 sponsored by the Brookings Institution and the German Council on Foreign Relations […]

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