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Viele haben aus Täuschungen und falschen Wundern ein Geschäft gemacht und führen die törichte Menge hinters Licht.
  Leonardo Da Vinci
 23.09.19 6:42                      Postkasten |  Datenschutz |  Impressum 



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21:59 [New Eastern Outlook] (E)
Here is How China-US Trade War Impacts Iran
In the last week of August, China added crude oil imports from the US to its tariff list for the first time in a retaliatory decision against the US decision to impose fresh tariffs on Chinese products. China imports about 6 per cent of its crude oil from the US. For an economy that increasingly relies on crude oil imports, this decision carries a lot of significance. While China is also preparing to impose high tariffs on import of US cars and the trade-war is likely to continue in the days to come, the all-important question is: why would China impose tariffs on import of oil, the life-line of its economy?
17:59 [RT] (E)
Trump hits Iranian bank with ‘highest’ sanctions ever imposed on a country
US President Donald Trump told reporters on Friday that he has ordered sanctions on Iran’s national bank following the attacks on Saudi Arabia’s oil facilities.
7:51 [Réseau International] (F)
Un Maïdan pour la Chine
Historiquement, l’ascension, la richesse et le bien-être de Hong Kong provenaient de son statut particulier de port franc pour les capitaux, de centre financier international, d’emporium productif et de porte d’entrée commerciale pour la Chine maoïste gigantesque et fermée. Tout cela a apporté une prospérité stable et continue pour ses habitants entre 1949 et l’an 2000, mais elle touche à sa fin. En tant qu’emporium technologique, Shenzhen, ce village de pêcheurs des années soixante-dix qui est devenu aujourd’hui une ville millionnaire, surpasse la ville en tant que centre de haute technologie. Guangzhou (Canton) dépassera bientôt Hong Kong en PNB. Shanghai se consolide en tant que centre financier et Singapour, qui en 1997 a suscité de nombreuses craintes concernant l’argent de Hong Kong lorsque l’ancienne colonie a été intégrée à la Chine sans perdre son autonomie, est le port franc du capital mondial en Asie par excellence.
10:28 [Indian Punchline] (E)
Trump is in no rush to jump into Saudi defence
Riyadh’s lingering dilemma is that it is yet to substantiate Iran’s culpability and is looking for the proverbial needle in the haystack. The keenness to involve the UN in the investigations suggests that Saudis are reasonably confident of a definitive conclusion that helps isolate Iran completely in the world arena.
6:53 [Gospa News] (F)
Iran: la Chine défie l`Europe...
Moins d’une semaine après la rencontre des chefs d’état-major des forces armées chinoises et iraniennes, une ligne de crédit de 400 milliards de dollars a été ouverte pour le commerce entre l`Iran et la Chine, a annoncé un responsable iranien. Les preuves disponibles montrent que la ligne de crédit de 400 milliards de dollars entre l’Iran et la Chine a été mise en service, a déclaré mardi la présidente de la Commission du marché monétaire et financier de la Chambre de commerce de Téhéran, Farial Mostofi.
6:53 [Zero Hedge] (E)
DOJ Accuses JPMorgan`s Precious Metals Trading Desk Of Being A Criminal Enterprise
Who would have thought that JPMorgan`s precious metals trading desk is the functional equivalent of the mafia, and that its one-time leader, Blythe Masters, was the mafia`s don? Well, almost everyone who didn`t mind being designated a conspiracy theorist for years. And now comes vindication, because this has just been confirmed by the DOJ, which accused the PM trading desks at JPMorgan of being deeply involved in what prosecutors described as a "massive, multiyear scheme to manipulate the market for precious metals futures contracts and defraud market participants."
19:54 [Zero Hedge] (E)
De-Dollarization: Europe Joins The Party
The ongoing “World War of Currencies”, as the German journalist Daniel D. Eckert called it, the battle for the future of the world monetary system is not a shallow action film but more like Game of Thrones – a complex series with hundreds of actors and locations, stretching over decades and demanding full concentration from the viewer. The bottom line is that what has been true for decades still applies. The US dollar continues to enjoy the confidence of markets, governments, and central banks. But faith in the US dollar weakens a little every year.
7:29 [New Eastern Outlook] (E)
US – China “Trade” War? No Way! Only the Defeat of Turbo-Capitalism!
In the past, West used to produce almost everything. While colonizing the entire planet (one should just look at the map of the globe, between the two world wars), Europe and later the United States, Canada and Australia, kept plundering all the continents of natural resources, holding hundreds of millions of human beings in what could be easily described as ‘forced labor’, often bordering on slavery. Under such conditions, it was very easy to be ‘number one’, to reign without competition, and to toss around huge amounts of cash, for the sole purpose of indoctrinating local and overseas ‘subjects’ on topics such as the ‘glory’ of capitalism, colonialism (open and hidden), and Western-style ‘democracy’.
20:33 [KenFM] (D)
Tagesdosis 2.9.2019 – USA vs. China: Die Lunte brennt
Donald Trump trägt mit seinen Tweets maßgeblich dazu bei, das Auf und Ab in Gang zu halten. Dabei versucht er immer wieder den Anschein zu erwecken, er habe die Dinge im Griff und lenke die Auseinandersetzung in eine für die USA günstige Richtung. Das aber ist nicht der Fall. Das Weiße Haus befindet sich im Konflikt mit China auf der Verliererstraße.
18:44 [Sputnik] (E)
`US Needs Huawei More Than Huawei Needs US`, Tech Giant`s Top Official Warns Amid Washington`s Ban
While the Chinese telecom giant Huawei remains banned from buying technologies from US firms over alleged collaboration with the Chinese authorities, the company managed to increase its revenues in 2019 and continues to strike 5G contracts worldwide.
9:15 [Consortium News] (E)
PEPE ESCOBAR: On the Road to Interview Lula, Into a Brazilian Black Hole
We were just beginning to hit cruising speed in our wide-ranging, 2 hour and 10 minute world exclusive interview with former President Luis Inacio Lula da Silva in his prison at the Federal Police building in Curitiba, in southern Brazil. And then it hit us hard when he told us: “The US was very much afraid when I discussed a new currency and Obama called me, telling me, ‘Are you trying to create a new currency, a new euro?’ I said, ‘No, I’m just trying to get rid of the U.S. dollar. I’m just trying not to be dependent.’”
9:50 [Xinhua] (E)
1st LD: China`s exports up 2.6 pct in August, imports down 2.6 pct
China`s exports of goods rose 2.6 percent year on year in August, while imports fell 2.6 percent, customs data showed Sunday.
19:43 [New Eastern Outlook] (E)
What the Aggravation of the US-Iranian Relations Means for South Korea
Continuing to monitor the confrontation between Washington and Tehran, the author of this article can see how it affects the South Korean interests. The sanctions badly hit the country’s economy and, since the summer of 2019, there have been attempts to involve Seoul in a possible military coalition.
14:55 [Clusterfuck Nation] (E)
The G-7 Blues
What’s at stake in all these international confabs like the G-7 are the tenuous supply lines that keep the global game going. The critical ones deliver oil around the world. China imports about 10 million barrels a day to keep its operations going. It produces less than 4 million barrels a day. Only about 15 percent of its imports come from next door in Russia. The rest comes from the Middle East, Africa, and South America. Think: long lines of tanker ships traveling vast distances across the seas, navigating through narrow straits. The Chinese formula is simple: oil in, exports out. It has worked nicely for them in recent decades. Things go on until they don’t.
22:42 [Asia Times] (E)
Welcome to the Indo-Russia maritime Silk Road
There’s no way to follow the complex inner workings of the Eurasia integration process without considering what takes place annually at the Eastern Economic Forum in Vladivostok. BRICS for the moment may be dead – considering the nasty cocktail of economic brutalism and social intolerance delivered by the incendiary “Captain” Bolsonaro in Brazil. Yet RIC – Russia-India-China – is alive, well and thriving.
8:34 [Réseau International] (F)
Conteneurs de déchets: l’Indonésie intensifie les retours à l’envoyeur
Quelque 250 conteneurs saisis dans le pays cet été ont déjà été retournés à l’envoyeur et les autorités sont en train d’en examiner un millier d’autres, a indiqué Deni Surjantoro, un porte-parole des douanes indonésiennes interrogé cette semaine par l’AFP. La décision de la Chine de cesser début 2018 l’importation de déchets plastiques a suscité le chaos sur le marché mondial du recyclage et obligé les pays développés à trouver de nouvelles destinations pour leurs déchets.
16:12 [Indian Punchline] (E)
Kashmir casts shadows on India-Russia ties
President Vladimir Putin (L) and Prime Minister Narendra Modi (R) met in Vladivostok for the jubilee 20th Annual Russian-Indian Summit, Vladivostok, September 4, 2019. PM Modi’s visit to Vladivostok on Sept. 3-5 has turned out to be anti-climatic. The main outcome of the event could be, arguably, that Modi can now add Vladivostok to the exotic destinations he’s toured so far such as Ulan Bator. There was much hype that Modi’s visit would witness the launch of a brave new world of Indian economic partnership in Siberia, Russian Far East, and the Arctic regions. But there is no evidence of a breakthrough.
13:32 [Sputnik News] (D)
Asien in Wladiwostok: Ein Wirtschaftsgipfel voller Überraschungen
Am Mittwoch beginnt in Wladiwostok das 5. Östliche Wirtschaftsforum. Vom 4. bis 6. September kommen die Staats- und Regierungschefs Chinas, Japans, der Mongolei, Malaysias in der russischen Hafenstadt am Pazifik zusammen. Als wichtigster Gast gilt der indische Premier Narendra Modi, der den Handelsumsatz mit Russland um das Dreifache erhöhen will. Allerdings findet auch der Westen Platz in der Veranstaltung.
10:18 [New Eastern Outlook] (E)
The West Oppressed the Third World for so Long that It Became Third World Itself
Many have already noticed: The US really, really doesn’t feel like the world leader, or even as a ‘first world country’. Of course, I write that sarcastically, as I detest expressions like ‘first world’, and the ‘third world’. But readers know what I mean. Bridges, subways, inner cities, everything is crumbling, falling apart. When I used to live in New York City, more than two decades ago, returning from Japan was shocking: the US felt like a poor, deprived country, full of problems, misery, of confused and depressed people, homeless individuals; in short – desperados. Now, I feel the same when I land in the US after spending some time in China.
10:26 [China Matters] (E)
The Trillion-Dollar Grift: The Long-Term Plan for US-China Decoupling
Failure of trade negotiations was pretty much baked in, thanks to Lightizer`s maximalist demands. And that was fine with the China hawks. Because their ultimate goal was to decouple the US & PRC economies, weaken the PRC, and make it more vulnerable to domestic destabilization and global rollback. If decoupling shaved a few points off global GDP, hurt American businesses, or pushed the world into recession, well that`s the price o` freedom. Or at least the cost of IndoPACOM being able to win the d*ck measuring contest in East Asia, which is what this is really all about.
10:09 [Indian Punchline] (E)
Moratorium on US oil sanctions to open talks with Iran
The diplomatic manoeuvrings over the situation around Iran are entering a crucial phase with an Iranian delegation led by Deputy Foreign Minister Abbas Araqchi leaving from Tehran for Paris today to pick up the threads of the 3-way discussions involving France, Iran and the United States at Biarritz a week ago on the sidelines of the G7 summit. Araqchi is Iran’s chief negotiator with the E3 — France, UK and Germany — on the nuclear issue. Interestingly, Araqchi openly acknowledged on Saturday that the US has “shown some flexibility on the licensing of Iranian oil sales.”
12:12 [Zero Hedge] (E)
The End Of The Dollar As We Know It?
Current uncertainty and worries are clearly reflected in the financial markets. Investors are fleeing into assets that are deemed safe such as gold, U.S. Treasuries and the dollar. They still flock to the U.S. on a massive scale whereas a lot of the current insecurity derives directly from the White House. At the same time, we are seeing more and more commentaries around the question whether a shift is taking place, slowly but surely, from the dollar toward other currencies.....And this month, Bank of England Governor Mark Carney claimed that the dollar’s status as a hegemon is putting the global economy under increasing strain and needs to end.
10:27 [Decryptnews online] (F)
La Turquie se tourne-t-elle vers la Russie ?
Recep Tayyip Erdogan a laissé entendre que la Turquie pourrait se tourner vers la Russie après la décision des Etats-Unis prise en juillet d’exclure la Turquie du programme de développement de l’avion américain F-35. Ce 30 août, le président turc Recep Tayyip Erdogan a récidivé sur sa menace de privilégier l’achat d’avions de chasse russes si les Etats-Unis maintenaient leur décision, datée de juillet, d’exclure la Turquie du programme de développement des F-35.
9:32 [Dedefensa] (F)
Notes sur le doigt sur la détente
« Après avoir dévasté le Moyen-Orient par des sanctions, des guerres et le soutien d`extrémistes pour mener des guerres par procuration, les USA se tournent vers la région Indo-Pacifique. Pour le Pentagone, cette zone, et non le Moyen-Orient, est désormais “prioritaire”. » Cette semaine, lors d’une intervention au Naval War College, le secrétaire américain à la Défense Mark Esper a appelé à l’expansion des bases dans la région du Pacifique, surnommant le théâtre Indo-Pacifique “notre théâtre prioritaire”. Ces remarques s`inscrivaient clairement dans le cadre plus large de l`objectif du Pentagone de freiner et de contenir l`influence croissante de la Chine dans l`ensemble de la région.
14:24 [The Blogcat] (D)
Die nächste wirtschaftliche Pleite wird dem Zusammenbruch des Ölzeitalters und der "globalen Wirtschaft" gleichkommen, die in ihrem späten Stadium entstanden ist. Es ging darum, fantastische Mengen von Dingen über den Planeten zu bewegen. Diese Bewegungen wurden exquisit abgestimmt, zusammen mit den Geldflüssen, die frei zirkulierten, wie Blut, das Sauerstoff zu jedem Organ transportiert. All das geht zu Ende. Die Nationen der Welt müssen sich verzweifelt fühlen, trotz dem Anschein guter Manieren bei Treffen wie der G-7. Was für alle vor dem finsteren Hintergrund auf dem Spiel steht, ist die Fähigkeit, den erst kürzlich erreichten hohen Lebensstandard aufrechtzuerhalten. Und die Angst dahinter ist, nicht zu wissen, wie weit diese hohen Lebensstandards absinken müssen.
18:00 [Zero Hedge] (E)
Lacalle: A Day Of Reckoning Looms For The Global Economy
European and Asian economic data is deteriorating, says economist and author Daniel Lacalle. “I’d call right now the day of reckoning,” Lacalle says, in this video excerpt of our soon-to-be released podcast In The Arena. “The entire message from mainstream consensus is ‘Yes there was a global slowdown,’ but using the trade war as an excuse.” Lacalle argues that the global growth slowdown has absolutely nothing to do with the trade war and says the trend in economic data around the world suggests Wall Street estimates for global growth are still too high.
17:58 [Zero Hedge] (E)
Why Mark Carney Thinks The Dollar Can No Longer Be The World`s Reserve Currency
While Jerome Powell`s highly anticipated Jackson Hole speech was, in the words of Brean Capital`s Russ Certo "underwhelming and anti-climatic", one couldn`t say the same for the shocking luncheon speech by Bank of England`s outgoing governor, Mark Carney, titled "The Growing Challenges for Monetary Policy in the current International Monetary and Financial System", where he dedicated no less than 23 pages to a stunning - for a central banker - cause: to describe why the dollar`s "destabilizing" reserve status role in the world economy has to end, and why central banks need to join together to create their own replacement reserve currency, one potentially tied to Facebook`s new "stablecoin" Libra, although in reality any "Synthetic Hegemonic Currency" as Carney defined it would do.
9:52 [Asia Times] (E)
Donald Trump’s dance of defeat
As the United States and China escalate the past year’s trade dispute into full-scale economic war, the decisive fact in the conflict has gone entirely unmentioned: China has already won the critical engagement in the conflict. It did so when Washington cajoled and threatened its allies to boycott Huawei’s rollout of 5G broadband, and suffered the most humiliating rebuff in this writer’s memory.
21:45 [Les moutons enragés] (F)
Les pays qui devraient (réellement) participer au G7..
Ces « grands » qui nous font leur « cirque », sont censés partager des valeurs communes « la démocratie, le respect des droits de l’Homme et des libertés fondamentales, le libre marché et le respect du droit international. » Cherchez erreurs/intrus.. Partagez ! Volti
21:42 [Dedefensa] (F)
De l’utilité de l’inutilité
Cette curieuse manie qu’ils ont de se réunir à G7, alors que certains ne cessent de répéter qu’à sept ils ne représentent qu’une petite partie du monde qui importe, que certains affirment qu’ils ne veulent pas négocier entre eux et qu’ils sont bien plus forts tout seul qu’avec les autres parmi les sept, que certains annoncent quelque chose comme pour avoir le plaisir assuré d’être contredit par d’autres, que certains signent tel chiffon de papier nommé comme il vous plaira (communiqué, déclaration commune ou déclaration isolée, ou “message commun”, ou brouillon égaré, etc.) pour pouvoir dire aussitôt, ou très vite, “mais non, je n’ai rien signé”.
14:36 [KenFM] (D)
The Wolff of Wall Street: Schattenbanken
Geld regiert die Welt. Nur, wer regiert das Geld. Wirtschaftsjournalist Ernst Wolff erklärt jeden Freitagmittag, um 12:00 Uhr, Begriffe, Mechanismen und Gesetze aus der Finanzbranche, die uns täglich als alternativlos verkauft werden, aber nur Wenige verstehen. Das soll sich ändern! THE WOLFF OF WALL STREET erklärt uns heute: „Schattenbanken“.
8:21 [Réseau International] (F)
Le Brésil menace de quitter le Mercosur si l’opposition gagne en Argentine
Le gouvernement brésilien d’extrême droite craint que le retour éventuel du Péronisme en Argentine n’affecte la ligne libérale actuelle du Mercosur. Le Ministre brésilien de l’Économie Paulo Guedes a averti jeudi que si le Péronisme revient au pouvoir politique en Argentine et ne suit pas la ligne libérale actuelle du Marché Commun du Sud (Mercosur), le géant sud-américain pourrait abandonner ce bloc régional.
17:19 [ZeroHedge] (E)
Stocks Plunge After Trump Vows To Retaliate To China "This Afternoon", Orders US Companies To Find "An Alternative To China" Profile picture for user Tyler Durden
Anyone who was hoping for a quiet end to the week is currently having a panic attack, as first China announced new tariffs on the US, then Powell`s J-Hole speech came and went, and then, as we expected, Trump responded to China`s trade war escalation when in a barrage of 4 tweets he lashed out at Beijing, saying "We don’t need China and, frankly, would be far better off without them", and ordered "Our great American companies... to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA."
16:23 [Sputnik news] (F)
Macron accuse le Président brésilien de mensonge sur le climat, Paris s’oppose à l’accord UE-Mercosur
Emmanuel Macron a constaté que le Président brésilien Jair Bolsonaro lui avait «menti» sur ses engagements climatiques lors du sommet du G20 à Osaka. Dans ces conditions, la France a pris la décision de s’opposer au projet de traité de libre-échange entre le Mercosur et l`Union européenne, annonce l’AFP.
18:18 [RT] (E)
China to slap retaliatory tariffs on $75 billion-worth of US goods, targeting soybeans, oil & cars
Beijing has finally unveiled its response to Washington`s latest tariffs, vowing to hike levies on $75 billion-worth of US exports and to resume 25 percent tariffs on American automobiles.
6:14 [American Herald Tribune] (E)
Punishing the World With Sanctions
Sanctions are economic warfare, pure and simple. As an alternative to a direct military attack on a country that is deemed to be misbehaving they are certainly preferable, but no one should be under any illusions regarding what they actually represent. They are war by other means and they are also illegal unless authorized by a supra-national authority like the United Nations Security Council, which was set up after World War II to create a framework that inter alia would enable putting pressure on a rogue regime without going to war.
22:25 [Fort Russ] (E)
VIDEO: Huawei Stepping Up Cooperation with Russian IT Giants
For long, Russia has had its own, indigenous, highly successful IT sector, which was largely independent of Western influence. Thus, Huawei is increasing its presence in Russia.
22:21 [Indian Punchline] (E)
India learnt nothing, forgot nothing in the Gulf
Media reports began appearing lately that Prime Minister Narendra Modi is planning to visit the Persian Gulf region once again— this time around, to the United Arab Emirates and Bahrain. Hopefully, the tour has a raison d’être despite its atrocious timing — when the waters of the Strait of Hormuz are so choppy and the world statesmen keep away. This will be Modi’s third visit to the UAE in the past five years. But he will be touching down on Bahraini soil for the first time as PM.
8:57 [Mint Press News] (E)
How NeoCon Billionaire Paul Singer Is Driving the Outsourcing of US Tech Jobs to Israel
Several U.S. tech giants including Google, Microsoft and Intel Corporation have filled top positions with former members of Israeli military intelligence and are heavily investing in their Israeli branches while laying off thousands of American employees, all while receiving millions of dollars in U.S. government subsidies funded by American taxpayers.
11:43 [Réseau International] (F)
La fin de l’hégémonie anglo-américaine (christo-sioniste)
Il n’y a pas si longtemps, les oligarques du chocolat et leurs gendarmes fascistes se sont emparés des champs fertiles de blé et d’orge de l’Ukraine, tandis que les rebelles islamistes financés par les banques ont pris Mossoul et le champ pétrolier voisin de Kirkuk – l’un des plus grands du monde – pour Exxon Mobil. Les pays du BRICS ont vu l’impérialisme aller trop loin et, sous la houlette de Poutine, se sont affairés à se préparer à l’effilochage au ralenti de l’empire financier anglo-américain.
11:02 [Réseau International] (F)
Trump renforce le blocus contre le Venezuela
Selon l’opposition vénézuélienne, le gouvernement américain, le Groupe de Lima et l’OEA du cipaye Luis Almagro, le Venezuela ne souffre pas d’un blocus, mais seuls certains membres du gouvernement bolivarien ont reçu des sanctions, ou ont été interdits de voyager aux États-Unis, etc. Cependant, le Venezuela a déjà subi plus de 35 milliards de dollars de pertes entre les actifs retenus et les comptes fermés. Pour couronner le tout, Trump a annoncé mardi qu’il bloquait (oui, avec ce mot) tous les actifs du gouvernement vénézuélien aux États-Unis, ainsi que tous ceux qui font affaire avec le Venezuela. Si ce n’est pas un blocus…
6:24 [Global Times] (E)
Mainland, Taiwan-based producers benefit as Huawei transfers orders from Flex
Chinese tech giant Huawei is transferring its manufacturing orders from Flex to other suppliers including Foxconn and Wingtec after cutting ties with the US original equipment manufacturer, industry sources told the Global Times on Tuesday.
0:54 [BFM Bourse] (F)
Chine : Progression inattendue des exportations malgré les taxes US
Les exportations chinoises ont progressé contre toute attente en juillet malgré l`escalade des tensions commerciales avec les Etats-Unis, un rebond qui ne pourrait être qu`éphémère alors que Washington a prévu de prélever des droits de douane additionnels sur les produits chinois encore non taxés à partir de septembre.
20:48 [TeleSUR] (D)
Food Shipment Destined For Venezuela Seized Due to US Blockade
Venezuela’s Vicepresident Delcy Rodriguez denounced Wednesday that a ship containing 25 thousand tons of soy-made products has been seized in the Panama Canal due to the U.S. blockade while calling on the United Nations to take action against the "serious aggression" that impede Venezuela "right to food".
20:28 [Sputnik news] (F)
Pour la création d’un «club des amis» du groupe des BRICS
Pendant sa présidence du groupe des BRICS en 2020, la Russie a l’intention de soutenir l’initiative chinoise de promouvoir le format BRICS+, qui consiste à créer une sorte de club des amis du Brésil, de la Russie, de l’Inde, de la Chine et de l’Afrique du Sud. La coopération économique avec les nouveaux membres du processus deviendra permanente, a déclaré au quotidien Izvestia une source diplomatique.
7:28 [RT] (E)
US Treasury declares China ‘currency manipulator’ after Wall Street suffers worst day of 2019
Washington has escalated the trade war with Beijing by accusing China of being a currency manipulator, after a Wall Street stock wipeout due to reports of Chinese retaliation to US tariffs.
7:07 [Press TV] (E)
US-China trade war escalates as yuan falls
US President Donald Trump`s pledge to impose new tariffs on Chinese goods is showing its impact on the Wall Street.
18:04 [Press TV] (F)
La guerre commerciale Chine-USA: un volet militaire à l`horizon?
S’appuyant sur sa capacité militaire grandissante, Pékin semble être déterminé à contrecarrer la guerre des tarifs lancée par Trump. Un appel implicite à la guerre alors que Washington va déployer des missiles balistiques de portée intermédiaire en Asie.
16:29 [Global Times] (E)
Tariffs in glare as India-US ties wobble
Recently, India-US relations have encountered challenges. The economic tension spawned by the US termination of India`s Generalized System of Preference (GSP) designation in June and following tit-for-tat tariff hikes from the Indian side reflects a fundamental lack of trust and rapport between the two countries.
16:14 [Global Times] (E)
Currency war can only lead to collapse of US dollar
The US Federal Reserve on Wednesday cut its target range for the federal funds rate by 25 basis points (bps), even as the US economy enjoys the longest expansion on record. However, US President Donald Trump can hardly be satisfied with a 25 bps cut, and he`s likely to keep up pressure on the Fed for something more substantial.
16:05 [Global Times] (E)
Tariffs won’t help US sell 1kg more soybeans
The US on Thursday unexpectedly announced on Twitter that starting September 1 it would impose a 10-percent tariff on an additional $300 billion in Chinese goods
8:21 [New Eastern Outlook] (E)
The Banking Elite Are Cannibalizing Greece and the World
Phil Butler - When I read a tweet by Kathimerini reporter Yannis Palaiologos recalling an incident where former U.S. Ambassador to Greece David Pearce threatened the former Greek Prime Minister Alexis Tsipras about exiting the Eurozone, I knew I had to write this report. According to the reporter’s message, Alexis Papahelas, the Executive Editor of Kathimerini, related a story from the eve of the referendum when Pearce told Tsipras that in the event of a Greek exit from the Eurozone. But the real threat to Greece is not Turkey or some invader from the east. Greece’s enemies come from the other direction.
20:37 [Middle East Eye] (E)
What is Japan`s strategy in the Middle East?
Japan’s relationship with the US is the cornerstone of its security. Yet, the often-unpredictable policies of the Republican president have unnerved Tokyo. Trump’s diplomatic overtures towards North Korea, and his direct engagement with Kim, which led to a historic summit in June 2018, have caught Japan off-guard. So, too, did Trump’s previous statement that it was time for Japan and South Korea to defend themselves and his suggestion of halting joint military drills between the US and South Korea. This is while Tokyo watches China with increasing concern: the majority of Japan’s oil and gas arrives through the South China Sea, where Beijing’s navy is asserting its dominance. China is also increasingly investing in the Middle East.
19:43 [News Front] (F)
Les États-Unis menacent la France de sanctions en représailles à la taxe Gafa
Après l’offensive verbale de Donald Trump contre Emmanuel Macron et le vin français, la Maison-Blanche a annoncé que les deux dirigeants s’étaient parlé au téléphone pendant la journée, ajoutant qu’ils avaient évoqué la taxe française sur les géants du numérique, mais sans préciser si les vins français étaient au menu des discussions.
11:46 [youtube/The Grayzone] (E)
World `will diminish role of dollar and US banking system`: Russian minister at Non-Aligned Movement
The Grayzone’s Anya Parampil sits down with Russia`s Deputy Foreign Minister Sergei Ryabkov at the meeting of the Non-Aligned Movement in Venezuela. They discuss the emerging multipolar world and efforts to establish a financial system independent of the US dollar.
19:09 [Sputnik News] (E)
China Awarded Lucrative Contracts for Gold Refinement in Africa
Beijing has recently been boosting its gold reserves, occupying a leading position alongside Russia in terms of gold acquisition in 2018 and the first half of 2019. Tanzania, the fourth-largest gold producer on the African continent after Ghana, Mali, and South Africa, has awarded contracts to Chinese firms for the construction of a gold smelter and two gold refineries in the country, Minister for Minerals Doto Biteko told Reuters. He noted that the decision was made after "carefully assessing the financial capability and history of [the] companies".
23:52 [Revue Méthode] (F)
La Biélorussie : l’ourson à l’ombre du dragon ?
Depuis quelques années la Biélorussie s’est considérablement rapprochée de la Chine. Cette dernière a très bien été accueilli et les coopérations militaires industrielles économiques et culturelles ont fleuri sur le territoire de l’ex république soviétique. Le parc industriel sino-biélorusse, construit conjointement par les deux pays, est un projet exemplaire de coopération réciproque dans le cadre de l`initiative.
8:45 [Zero Hedge] (E)
A Bank With $49 Trillion In Derivatives Exposure Is Melting Down Before Our Eyes
Could it be possible that we are on the verge of the next “Lehman Brothers moment”? Deutsche Bank is the most important bank in all of Europe, it has 49 trillion dollars in exposure to derivatives, and most of the largest “too big to fail banks” in the United States have very deep financial connections to the bank. In other words, the global financial system simply cannot afford for Deutsche Bank to fail, and right now it is literally melting down right in front of our eyes. For years I have been warning that this day would come, and even though it has been hit by scandal after scandal, somehow Deutsche Bank was able to survive until now. But after what we have witnessed in recent days, many now believe that the end is near for Deutsche Bank.
20:45 [German Foreign Policy] (D)
Die Ära der Sanktionskriege (III) - Eskalation nicht ausgeschlossen
Politikberater in Berlin und in anderen Hauptstädten der EU dringen auf ein baldiges Vorgehen gegen extraterritoriale US-Sanktionen. Die Sanktionen, die Washington einseitig verhängt, auf deren Einhaltung es aber prinzipiell alle Unternehmen mit US-Geschäft verpflichtet, führen nicht nur zu Milliardenverlusten in Europa; sie hindern Deutschland und die EU außerdem, eine eigenständige, von den Vereinigten Staaten unabhängige Weltpolitik zu treiben. Mittlerweile sprechen sich Experten mehrerer europäischer Think-Tanks dafür aus, unmittelbar Gegenmaßnahmen gegen die USA zu ergreifen. So heißt es etwa, die EU könne extraterritoriale Sanktionen gegen US-Firmen verhängen.
8:45 [Der Überflieger] (D)
Wird das EU-Mercosur Freihandelsabkommen tatsächlich von den Parlamenten ratefiziert?
Die Gewerkschaftskoordination namens Cono Sur hat das eben erst unter-zeichnete Freihandelsabkommen zwischen der EU und den Mercosur-Ländern als Todesurteil für die eigene Industrie bezeichnet. Cono Sur setzt sich aus insgesamt zwanzig Gewerkschaften folgender Länder zusammen: Argentinien, Brasilien, Chile, Bolivien, Paraguay und Uruguay.
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