U.S. President Barack Obama arrived in southern Germany early Sunday for a G7 summit that is set to be overshadowed by tensions over Greece’s debt crisis and flaring violence in Ukraine. Before the start of the summit in the Bavarian Alps Obama said that leaders would discuss how …
Read More »China Vs. the West: The Renewables Arms Race
Why is China leading in the race for renewable energy? In terms of a detective novel, China has both motive and means to build a new green growth system. It has abundant motives due to the appalling pollution problems it has created in over three decades of unbridled …
Read More »New Choice: Chinese Currency Expands to Middle East
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 …
Read More »Belarus Stages Military Drills at Ukrainian Border, Tightens Border Control
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/ …
Read More »First Ever Russian-Egyptian Naval Drills to Be Held in Mediterranean
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 …
Read More »The Greek Dilemma : The “Big Fix” for Greece and how not to waste a good crisis.
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 …
Read More »Top Gun: US Military on Alarm Over Russia’s Fifth-Generation Jet T-50
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 …
Read More »Afghanistan Hopes to Join SCO Alongside Pakistan, India and Iran
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 …
Read More »Chinese Media Blame Obama’s ‘Crippled’ Policy for Middle East Troubles
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 …
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