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 …

By Jay Johnson US foreign policy seems to follow a certain pattern. Deny Deny Deny until it can not be denied and then quietly admit the truth. The war in Iraq was about oil and regime change in Syria is also about energy. A recent DIA document details …

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 …

US diplomat Daniel Russel made a remark calling on South Korea to speak up against China’s activities in the South China Sea.  A US diplomat called on South Korea to speak up regarding the dispute in the South China Sea. Assistant Secretary of State Daniel Russel made the remark Wednesday during a seminar on Korea, …

England could host the football World Cup in 2022, if Qatar’s bid is found to be unethical, UK Secretary of State for Culture, Media and Sport John Whittingdale said Thursday. © AP PHOTO/ KEYSTONE, STEFFEN SCHMIDT MOSCOW (Sputnik) — The decision to hold the 2022 World Cup in Qatar “is obviously …

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 …