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🗣️ On the US economy:
“It's a contradiction in the neoliberal monetary policy. They need to raise rates to do something about inflation. It's relatively ineffective at the certain current level of 5% to 6% interest rates to really dampen inflation very much, especially in services. But the more you hit 6% and above, the more you're going to create interest rate risk and destabilize the banking system, which is already just hanging in there, being force-fed $400 or $500 billion so far from the Fed to keep it afloat. So it's a big contradiction here,” Dr. Jack Rasmus, professor of economics and politics at St. Mary's College in California, told Sputnik.
🎧 Listen to more of Rasmus’ analysis in our podcast The Critical Hour
“It's a contradiction in the neoliberal monetary policy. They need to raise rates to do something about inflation. It's relatively ineffective at the certain current level of 5% to 6% interest rates to really dampen inflation very much, especially in services. But the more you hit 6% and above, the more you're going to create interest rate risk and destabilize the banking system, which is already just hanging in there, being force-fed $400 or $500 billion so far from the Fed to keep it afloat. So it's a big contradiction here,” Dr. Jack Rasmus, professor of economics and politics at St. Mary's College in California, told Sputnik.
🎧 Listen to more of Rasmus’ analysis in our podcast The Critical Hour
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🇬🇧 Workers at UK munitions plant supplying Ukraine to strike over low wages
Louise Gilmour, the secretary of the GMB trade union in Scotland, said its members, who carry out "non-craft" roles at the plant, are now being paid up to 18,000 UK pounds ($23,000) less each year than other "skilled employees" after the plant's management significantly increased their wages to prevent the drain of the personnel by private defense companies.
The union has won the support for the dispute from Ukrainian trade unions. The Confederation of Free Trade Unions of Ukraine was cited in a UK media report as saying the plant played "a crucial role" in supplying Ukraine with munitions, urging the plant's executives to settle the dispute "as soon as possible."
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Louise Gilmour, the secretary of the GMB trade union in Scotland, said its members, who carry out "non-craft" roles at the plant, are now being paid up to 18,000 UK pounds ($23,000) less each year than other "skilled employees" after the plant's management significantly increased their wages to prevent the drain of the personnel by private defense companies.
The union has won the support for the dispute from Ukrainian trade unions. The Confederation of Free Trade Unions of Ukraine was cited in a UK media report as saying the plant played "a crucial role" in supplying Ukraine with munitions, urging the plant's executives to settle the dispute "as soon as possible."
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🇷🇺 Russian troops ‘quickly’ adapting to cluster bombs as Ukraine fails to reach main defensive lines
“The cluster bombs are good. They are effective. But the Russians are dug in deep, and they learn quickly,” one Ukrainian reconnaissance company commander told a US media outlet, explaining that Russia has dug 7 foot-deep trenches and spread troops out over wide areas to avoid heavy losses.
“We’re demining the fields with bodies,” one Ukrainian platoon commander of Western-trained brigades told the outlet. “It’s awful.” Another, wounded in an apparent Russian missile strike during an attempt to advance, said that of the 60 men involved in an assault on Russian positions, 45 had been killed or injured.
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“The cluster bombs are good. They are effective. But the Russians are dug in deep, and they learn quickly,” one Ukrainian reconnaissance company commander told a US media outlet, explaining that Russia has dug 7 foot-deep trenches and spread troops out over wide areas to avoid heavy losses.
“We’re demining the fields with bodies,” one Ukrainian platoon commander of Western-trained brigades told the outlet. “It’s awful.” Another, wounded in an apparent Russian missile strike during an attempt to advance, said that of the 60 men involved in an assault on Russian positions, 45 had been killed or injured.
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🇯🇵🇺🇳 UN chief’s Nagasaki Peace Memorial message mum on country that dropped A-bombs
Antonio Guterres called the Hiroshima and Nagasaki atomic bombings an “unmatched horror for humanity” but as usual failed to mention the country responsible for the devastation
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Antonio Guterres called the Hiroshima and Nagasaki atomic bombings an “unmatched horror for humanity” but as usual failed to mention the country responsible for the devastation
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Sputnik International
Is this all about uranium? CIA veteran Larry Johnson, who previously worked in Africa, uncovers the role of ECOWAS in the situation in Niger in an interview with Sputnik. Subscribe to @SputnikInt
🇳🇪 ECOWAS-AU-UN mission to Niger aborted over 'unavailability' of military leaders
✍️ "The mission was aborted following a late-night communication from the military authorities in Niger indicating their unavailability to receive the tripartite delegation," a statement by the commission said.
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✍️ "The mission was aborted following a late-night communication from the military authorities in Niger indicating their unavailability to receive the tripartite delegation," a statement by the commission said.
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🇧🇴 US, Europe seek control over Amazonia, Bolivian president says
🇺🇸 “Latin America and the Caribbean countries are a priority of the US national security strategy, which means that [the region] is of interest not only to the Department of State, but also to the US Department of Defense... The deployment of military bases in the region and in Amazonia is something that should attract our attention, we should be vigilant," Luis Arce said.
🇪🇺 "In this regard, we are concerned that Europe adheres to the same position: some are seeking to control Amazonia by military means, others - with the help of non-governmental organizations. We do not accept attempts to secretly control Amazonia," he added.
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🇺🇸 “Latin America and the Caribbean countries are a priority of the US national security strategy, which means that [the region] is of interest not only to the Department of State, but also to the US Department of Defense... The deployment of military bases in the region and in Amazonia is something that should attract our attention, we should be vigilant," Luis Arce said.
🇪🇺 "In this regard, we are concerned that Europe adheres to the same position: some are seeking to control Amazonia by military means, others - with the help of non-governmental organizations. We do not accept attempts to secretly control Amazonia," he added.
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Forwarded from Sputnik News India
🗯 "#Pakistan's standpoint is weak and violative of the contractual provisions. In case Iran takes it to the Court of Arbitration, Pakistan might be clamped with heavy penalties apart from losing face," Ahmed Abbas, former Brigadier in Pakistan Army and political observer told #SputnikIndia.
🇮🇷 🇵🇰 Looking at the #US interference in Pakistan's decision regarding the gas deal with Iran, the observer said, "As it is, US sanctions have not deterred countries like India, China, Russia, EU, UAE, etc. from conducting trade activities with Iran. Pakistan should have shown more spine, considering its ongoing energy crisis apart from a deep economic recession."
👉 Read full story on Sputnik India!
🇮🇷 🇵🇰 Looking at the #US interference in Pakistan's decision regarding the gas deal with Iran, the observer said, "As it is, US sanctions have not deterred countries like India, China, Russia, EU, UAE, etc. from conducting trade activities with Iran. Pakistan should have shown more spine, considering its ongoing energy crisis apart from a deep economic recession."
👉 Read full story on Sputnik India!
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🇷🇺 Putin introduces new procedure for informing UN about martial law
The Russian president has submitted amendments to the State Duma to change the procedure for informing international organizations about martial law and states of emergency in Russia.
The amendments are related to the termination of Russia's participation in the Council of Europe.
If the law is adopted, Moscow will not inform the CoE secretary-general about the introduction and lifting of martial law or any state of emergency.
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The Russian president has submitted amendments to the State Duma to change the procedure for informing international organizations about martial law and states of emergency in Russia.
The amendments are related to the termination of Russia's participation in the Council of Europe.
If the law is adopted, Moscow will not inform the CoE secretary-general about the introduction and lifting of martial law or any state of emergency.
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🇮🇶 Iraq bans LGBTQ propaganda on social media
Iraq's National Communications and Media Commission says it has ordered all media and social networking companies operating in the country to avoid using the term “homosexual orientation” and replace it with “sexual deviation” to protect society and its traditional values.
The commission has also banned the use of the term “gender” over its alleged negative connotation in Iraqi society.
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Iraq's National Communications and Media Commission says it has ordered all media and social networking companies operating in the country to avoid using the term “homosexual orientation” and replace it with “sexual deviation” to protect society and its traditional values.
The commission has also banned the use of the term “gender” over its alleged negative connotation in Iraqi society.
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❗️Blast rocks optical equipment plant in Sergiyev Posad outside Moscow
A full evacuation has been declared at the facility, city officials said.
Information about the causes of the explosion and the victims is being clarified.
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A full evacuation has been declared at the facility, city officials said.
Information about the causes of the explosion and the victims is being clarified.
Subscribe to @SputnikInt
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Sputnik International
❗️Blast rocks optical equipment plant in Sergiyev Posad outside Moscow A full evacuation has been declared at the facility, city officials said. Information about the causes of the explosion and the victims is being clarified. Subscribe to @SputnikInt
❗️The preliminary cause of the explosion at an optical-mechanical plant in Sergiyev Posad is a violation of the technological process, emergency services tell Sputnik.
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Subscribe to @SputnikInt
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Sputnik International
❗️The preliminary cause of the explosion at an optical-mechanical plant in Sergiyev Posad is a violation of the technological process, emergency services tell Sputnik. Subscribe to @SputnikInt
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❗️Explosion at plant in Sergiyev Posad occurred in warehouse with pyrotechnic products, preliminary information from Moscow Region prosecutor’s office says
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Sputnik International
❗️Explosion at plant in Sergiyev Posad occurred in warehouse with pyrotechnic products, preliminary information from Moscow Region prosecutor’s office says Subscribe to @SputnikInt
❗️25 people injured, two hospitalized after explosion at plant in Sergiyev Posad near Moscow, EMERCOM says
Moscow region governor Vorobyov said 31 people injured in the explosion, three with serious injuries, a total of 19 people have been taken to hospital.
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Moscow region governor Vorobyov said 31 people injured in the explosion, three with serious injuries, a total of 19 people have been taken to hospital.
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In this fresh episode of our New Rules podcast, we are joined by Alexander Mercouris, writer & international affairs analyst, and host of The Duran on YouTube.
🗣️ He covers the political implications of the Ukrainian counteroffensive and what the price of its potential failure is, along with what NATO countries are going to do if the counteroffensive continues to peter out and more...
You definitely do not want to miss it!
🔊 Tune in to Radio Sputnik at 6am EST|3am PST|12pm CET|10am GMT via the website or app!
📻 Also in the United States at 105.5FM, 104.7FM, 102.9FM, 1390AM, 1140AM
🗣️ He covers the political implications of the Ukrainian counteroffensive and what the price of its potential failure is, along with what NATO countries are going to do if the counteroffensive continues to peter out and more...
You definitely do not want to miss it!
🔊 Tune in to Radio Sputnik at 6am EST|3am PST|12pm CET|10am GMT via the website or app!
📻 Also in the United States at 105.5FM, 104.7FM, 102.9FM, 1390AM, 1140AM
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📹 Biden calls Grand Canyon "one of the earth's nine wonders"
The eighth wonder might be Sleepy Joe becoming President of the United States and not making a daily gaffe.
❓Can you name all the other Wonders of the World? Wrong answers only!
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The eighth wonder might be Sleepy Joe becoming President of the United States and not making a daily gaffe.
❓Can you name all the other Wonders of the World? Wrong answers only!
Subscribe to @SputnikInt
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Sputnik International
🇵🇱 Do Poles want their historical territories in Ukraine back? This man says they do A video has gone viral on the Internet in which a man, who introduces himself as a Polish mercenary, says he is fighting to get back territories in Ukraine that historically…
❗️Poland plans to create a joint Polish-Ukrainian formation ostensibly to ensure the security of Western Ukraine, but in fact it is for the subsequent occupation of this territory, Russian Defense Minister Sergei Shoigu said
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