Mike Norman Economics

Russia confirms US cyberattack on its electrical grid. Shrugs it off as "thwarted." Seems that POTUS was out of the loop and now he has confirmation of it. AntiWarRussia Thwarts US Cyber Attacks on Its Infrastructure Jason Ditz

Last week, the EU finance ministers (the ‘Eurogroup’) met (June 13, 2019) in Luxembourg as part of their regular schedule. There was a lot of talk in the lead-up to the meeting whether Emmanual Macron’s push for a more coherent EU fiscal capacity to act as a counter-stabilisation capacity for the beleaguered Economic and Monetary Union (EMU). As is normal, there was no progress made and the press reports said that the finance ministers “continued to clash over almost every feature of the...

Longish and detailed American view.Oil PriceDeclassified: The Sino-Russian Masterplan To End U.S. Dominance In Middle East Yossef Bodansky, the Director of Research at the International Strategic Studies Association (ISSA) and Senior Editor of Defense & Foreign Affairs publications (including the Global Information System: GIS), was, for more than a decade, the Director of the US House of Representatives Task Force on Terrorism and Unconventional Warfare

Debt ceiling must be raised or it will slow the economy to a halt.

Iran is at the heart of the BRI-SCO-EAEU integration road map – the nuts and bolts of Eurasian integration. Russia and China cannot allow Iran to be strangled. Iran boasts fabulous energy reserves, a huge internal market, and is a frontline state fighting complex networks of opium, weapons and jihadi smuggling – all key concerns for SCO member states.... The article is about much more than Iran.Iran is a a key piece in Eurasian integration. This is a major reaons that US strategist have...

Just as Turkey lost access to Lockheed Martin’s F-35 Joint Strike Fighter, Turkish Aerospace Industries unveiled a model of its indigenously designed fifth-generation fighter jet, dubbed the TF-X, at the Paris Air Show on Monday. Turkey’s primary aircraft design bureau put forward at the air show Ankara’s answer to the loss of the F-35, a plane Turkey had once hoped to buy 100 of from the US. Washington recently put that deal on hold over its continued objection to Ankara’s purchasing of...

Moon of AlabamaIran To Exceed Some Nuclear Deal Limits - EU Under Pressure To Fulfill Its Commitments b RTUS planning ‘tactical assault’ on Iran in response to 'tanker attack' — report RTTrump not in control of Iran policy, should perhaps fire Bolton – EU foreign policy chief’s adviser

 Andrei Martyanov is speaking of Boeing here.He also says somethings about Russian-European relations. As I stated for years: Russian-European relations should be reduced economically only to the most basic trade: such as hydrocarbons from Russia, if Europe decides to buy them, plus very few other, mostly high-tech fields, while culturally--new Iron Curtain looks increasingly desirable. European "values" smell with decay and death of a culture, a real one....  Traditionalist Russians don't...

NEW DELHI: India has identified 151 products that it can export to China instead of the US and benefit from the price advantage thrown up by the retaliatory higher duties slapped by the Xi Jinping government on US products amid the intensifying trade war between the two countries.These include diesel engines, X-ray tubes, antibiotics, copper ores, granite, xylene, inverter and ketones, said people with knowledge of the matter.... Economic Times (India)India may trade places with US to...

Press (media) freedom is not enough. A free press must also serve the function for which is the right to free expression, especially in a liberal democracy where freedom depends on an informed electorate rather than a manipulated one. Using media for narrative control is antithetical to liberal democracy.This includes investigating sources rather than acting as a stenographer for propaganda fronts and intel disinformation plants.Caitlin Johnstone — Rogue JournalistNarrative Management =...