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The worldwide use of the renminbi would reduce the cost of financial transactions for China by allowing the direct exchange of RMB claims with non-USD currencies.  China established the first renminbi clearing center in the Middle East in Qatar in April. The aim of the center is to offer local financial institutions access …

Belarus is holding a military exercise not far from its border with Ukraine, which is aimed at tightening border controls and improving its territorial defense.  Belarus is staging military drills aimed at testing the reinforcement systems of its border control and territorial defense, according to the country’s Defense Ministry. © SPUTNIK/ …

The first Russian-Egyptian naval exercises will be held in the Mediterranean Sea from June 6 to June 14, the Russian Defense Ministry’s press service said Saturday.  MOSCOW (Sputnik) — The drills are aimed at strengthening military cooperation between the two countries’ navies to promote security and stability at sea, according to the statement. “Russian-Egyptian …

Valbona Zeneli Fortunately for all, the Greek government and the rest of the Eurozone reached an agreement extending the country’s bailout program for four months. This extension will allow all parties to apply clear and critical thinking towards resolving this challenge. However, four months is an incredibly brief …

US military and intelligence officials have expressed alarm at the capabilities of Russia’s PAK-FA fighter jet, which some say is even superior to its US counterparts.  Last year former US Air Force intelligence chief Lt. Gen. David Deptula told The National Interest that “the analysis that I have …

Kabul would welcome the admission of Afghanistan and its neighbors – Pakistan, India and Iran – to the Shanghai Cooperation Organization (SCO), Afghan Foreign Minister Salahuddin Rabbani told Sputnik on Thursday. MOSCOW (Sputnik) — At the moment, Afghanistan alongside Iran, India, Pakistan and Mongolia, has observer status in the SCO. “We …

The troubles in the Middle East sometimes seem to multiply by the minute as the conflict-ridden region grapples with terrorism and violence that Xinhua blamed on Obama’s “crippled” Middle Eastern policy.  “The Islamic State (IS) is gaining an ever stronger foothold that straddles both Iraq and Syria, and …

By Stephen Lendman Russia issued travel bans against 89 European Union political and military officials in response to imposed 2014 EU sanctions. Affected nations received a list of barred individuals. In 2013, 18 Americans were denied entry in response to US sanctions and visa bans on 18 Russian …

By Jerome Corsi More than 100 pages of previously classified Department of Defense and Department of State documents implicate the Obama administration in a cover-up to obscure the role Hillary Clinton and the State Department played in the rise of ISIS. The documents were obtained in a Freedom of …