Month: August 2018

Soon after Donald Trump took office, it became clear that the longstanding relationship between the United States and its northern neighbour was about to change: there were terse renegotiations of NAFTA. Source: ‘We don’t have a single friend’: Canada’s Saudi spat reveals country is alone | World news | The Guardian

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In a stunning vote of “no confidence” in the US monopoly over global payment infrastructure, Germany’s foreign minister Heiko Maas called for the creation of a new payments system independent of the US that would allow Brussels to be independent in its financial operations from Washington and as a means of rescuing the nuclear deal […]

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Tumbling emerging market currencies, including the Russian ruble, have caused Moscow to publicly wish for the “demise” of the greenback from global finance. Lars Halter examines how realistic such a wish actually is. Source: US dollar on its way out as world′s lead currency? | Business| Economy and finance news from a German perspective | […]

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David Brown says the US should be wary of what China chooses to do with its US$1.2 trillion dollars in Treasury securities. Based on the impact of Russia dumping its much smaller holdings earlier this year, a similar move by Beijing could play havoc with the American economy Source: Should China play hardball in the […]

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The idea that Moscow is swaying elections and bringing down US democracy by ‘meme-sharing’ is preposterous, Russia’s Foreign Minister Sergey Lavrov said. The accusations hurled at Russia by the US lawmakers left him baffled. Source: ‘Hilarious & paranoid’: Lavrov laughs at idea that Russia uses memes to destroy US democracy — RT World News

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