The ECB: Who Wears the Trousers in Europe?

Английская версия статьи «ЕЦБ, или Кто хозяин в европейском доме». The UK referendum on 23 June has reinforced the disintegration trends within the EU and prompted a fresh look to be taken at the entire structure of the European Union. Of the seven institutions of the EU (the European Council, the …

A Momentous Decision About Ukraine: The Suicide of the IMF

Английская версия статьи «Роковое решение по Украине, или Самоубийство МВФ». The International Monetary Fund was perched on a precarious branch that has now been cut down out from under them. The IMF Executive Board met in Washington on the evening of Sept. 14. The biggest issue on their agenda was …

The Federal Reserve and Its Murky Role in the US Election

Английская версия статьи «Предвыборная гонка в США и Федеральный резерв». …The problem is that the Federal Reserve is a private corporation, and the chair of the Fed’s board of governors has always taken orders only from that corporation’s shareholders — which primarily consist of the biggest banks on Wall Street.  …

Tehran Versus Washington: From Defensive to Offensive

Английская версии статьи «Тегеран против Вашингтона: от обороны к наступлению» Following the Iran nuclear deal, Washington announced it would begin lifting economic sanctions against Tehran. Iranian banks were allowed to reconnect to the SWIFT communications network, which handles international payment transactions, the ban on Iranian oil exports was lifted, and …

Negative Interest Rates — the Path to Cashless Paradise

Английский перевод Актуального комментария «Путь в безналичный рай» (русский текст — здесь). Question from the editor: Recently The Wall Street Journal again sounded the theme of negative interest rates in Europe. Valentin Yuryevich, is this a new stage in this story?