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Wednesday, May 18, 2022
As Biden sends billions to Ukraine, US families do not have baby formula
Democrats seem to have Kiev, not the American people, as a priority.
Western leaders tend to start dialogue with Russia while Zelensky maintains uncompromising stance.
Brazil’s left wing leader and previous President, Lula Da Silva is due to fight the national Presidential elections in October this year and has stated that as part of the manifesto, “We are going to create a currency in Latin America, because we can’t keep depending on the dollar.”
Russia has proposed to revive decades-old practice of submitting “paper LC (letter of credit)” citing economic sanctions as it seeks to ensure uninterrupted exports from India through a state debt rupee mechanism, a dedicated window for India’s sovereign debt repayment that allows 9-10% exchange rate discount to Russian importers
The Shanghai-headquartered NDB has requested India Exim Bank to identify priority projects, especially ones including technological aspects, on which both can partner. Any prospective partnership will be the first time that Indian export finance authorities work together with China, considered a global competitor in the space
President of US think tank does not agree with unthoughtful waisting of billions of dollars.
The offer sounds confusing as the Western media claims Ukraine is on a verge of starvation.