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Breakthrough in the United States: Senator Harkin Introduces Bill to Reinstate Glass-Steagall
Austrian Government: Arming the Syrian Opposition Is Illegal under International Law
Benghazi, Political Targetings, Blanket Confiscations: Impeachment Hangs over Obama
French Party Presents Draft Bill for Glass-Steagall-Type Bank Separation
Brecht aus dem Euro aus, um die Finanzoligarchie zu besiegen!
“Benghazigate”: Threat of Impeachment Hangs over Obama
Ex U.S. Defense Minister Robert Gates Opposes Intervention into Syria
Glass-Steagall LaRouche-Aktionskomitee demonstriert Stärke in Washington
Global Times: Schiller Institute Rep. Comments on “Chinese and American Dreams”
Week Of Action in Washington: Pass Glass-Steagall Bank Separation Law Now!
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Russian Government Counting on Surge of Trade with APEC Countries
Official events of the Asia-Pacific Economic Cooperation Week will begin Sept. 2 Pacific in Russia's Far East port city of Vladivostok and lead to a summit bringing together heads of state from all around the Pacific Rim on Sept. 7-8. Barack Obama, however, turned down the invitation, and will send Secretary of State Clinton instead.
The Russian perspective for the meeting was laid out by Russian First Deputy Prime Minister Igor Shuvalov in an Aug. 28 press conference: a big surge in trade with the Asia-Pacific region. "Our trade potential with these countries is underdeveloped, we're barely using a quarter of it," he said, and the aim is to have them account for at least 50% of Russia's foreign trade.
Woven throughout Shuvalov's statement was the growing concern of Russian leaders, which President Vladimir Putin has also voiced, that the economy is being very hard hit by crisis in the Eurozone. Indeed, 50% of Russian foreign trade is with Europe and the majority of its budget revenue derives from foreign trade (oil and gas exports).
"Russia has its European agenda and is working on that, but we want to have an Asia-Pacific agenda.... The future of faster growth for us is to have two strong legs, a European one and an Asian," Shuvalov said. He reported that Putin plans to set up some "special format" after the summit, for pushing "bureaucrats and businessmen to turn their heads to the East." He confirmed that Russia will try to use the APEC summit to engage its neighbors more seriously in investing in the development of Siberia and the Russian Far East.
He also specifically called for cooperation among Asian-Pacific countries in developing nuclear energy, with safe technologies.
Overall, underinvestment in the Russian Far East is a major issue right now, as has been stressed by Victor Ishayev, the Presidential Representative to the Far East Federal District and now also Minister for Far East Development, which is a new post just created this year. Last July 2, he warned that in 2012, "the federal government has slashed by 80% the amount of investment going into the Far East." As infrastructure projects related to the APEC summit and the East Siberia-Pacific Ocean oil pipeline neared completion, "the reduction of investments [could] already be felt," Ishayev said.
In his view, "the Far East can be developed only through federal investment and big projects," but such projects have not been approved. Even the site-preparation work at a flagship project such as the building of Cosmodrome Vostochny, Ishayev said at a conference held at the Vostochny site in Amur Region on July 24, is slogging along because the funds have not been forthcoming.
With the Russian budget-formation process still operating under monetarist rules, the Finance Ministry last month announced it will seek to cut at least 12% of 2013 federal spending (equivalent to tens of billions of dollars). Since defense, debt service, and the social spending promised by Putin during the Presidential campaign are protected from cuts, the Finance Ministry seeks to slash funds for "the regions" and for Russian Railways, among other needs -- in other words, exactly the spending areas that would include projects in Siberia and the Far East.
As Lyndon LaRouche has often indicated, Russian leaders have yet to understand, and implement, a policy of productive public credit.
Weltweit
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Weitere Meldungen
Breakthrough in the United States:
Senator Harkin Introduces Bill to Reinstate Glass-Steagall
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Austrian Government: Arming the Syrian Opposition Is Illegal under International Law
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Benghazi, Political Targetings, Blanket Confiscations:
Impeachment Hangs over Obama
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French Party Presents Draft Bill for Glass-Steagall-Type Bank Separation
Not only the French government, but all other political forces in France, from the far left to the far right, have given up the fight against the financial casino and for an actual separation of the b... [weiter]
Brecht aus dem Euro aus, um die Finanzoligarchie zu besiegen!
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“Benghazigate”: Threat of Impeachment Hangs over Obama
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Ex U.S. Defense Minister Robert Gates Opposes Intervention into Syria
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Glass-Steagall LaRouche-Aktionskomitee demonstriert Stärke in Washington
Ab dem 6.5. veranstaltete das LaRouche-Aktionskomitee eine intensive Aktionswoche in Washington, in der es auf sämtliche Ebenen der Regierung einwirkte, um den Druck auf den US-Kongreß, das Glass-Stea... [weiter]
Global Times: Schiller Institute Rep. Comments on “Chinese and American Dreams”
Since taking office, Chinese President Xi Jinping, who is also the head of the Communist Party, has sounded the theme of the "China Dream" of economic, social, and political progress, to reduce the va... [weiter]
Week Of Action in Washington:
Pass Glass-Steagall Bank Separation Law Now!
The LaRouche Political Action Committee held a week of action in the United States from May 6-10 to rally support for immediate legislation to restore a strict separation of banks, in compliance with ... [weiter]
An Urgent Appeal for Glass-Steagall from Helga Zepp-LaRouche
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New Greek Party Calls for Return to Drachma and Bank Separation
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Syria Crisis: Russia and United States Agree on a Major Diplomatic Move
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Syrian General Idriss, Handpicked by the West, Admits He Controls Nothing
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Alternative für Deutschland:
Eurokritik als Deckmantel für National-Monetarismus
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AfD: National Monetarism in “Anti-Euro” Clothing
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South-West Asia on the Verge of All-out War?
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Südwestasien vor einem umfassenden Krieg?
Israel hat zweimal innerhalb von 48 Stunden Ziele innerhalb Syriens mit Raketen angegriffen. Der syrische Staatspräsident Baschar al-Assad nannte dies eine Kriegserklärung Israels gegen sein Land im B... [weiter]
2008-2012: Shocking Figures of Youth Unemployment Soaring in Europe and the United States
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New Book Demonstrates "Why Austerity Kills", and Needlessly So
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Russian Anti-Drug Czar Proposes Economic Development to Counter Drug Trade
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