The shift towards national currencies and a multipolar world is here to stay, Lillie Ferriol Prat, a research assistant at the South African DUT BRICS Research Institute tells Sputnik.
She believes that "the current dollar monetary mechanic is in need of urgent reform as their persisting debt ceiling crisis indicates."
Current trends:
Ferriol Prat points out that sanctions are often ineffective โ especially with BRICS+ representing over 50% of the global population โ and believes Trumpโs rhetoric is mainly targeted at the domestic audience.
"I think it is a matter of preserving confidence and national self-esteem," she says. "The Biden administration has left the US thoroughly unstable. To mitigate chaos, it is highly desirable to increase domestic confidence and unity."
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โก๏ธ Trump appoints Marco Rubio as USAID Acting Administrator
The official statement from the US State Department also declared that "it is now abundantly clear that significant portions of USAID funding are not aligned with the core national interests of the United States".
๐น This statement confirmed Marco Rubio's earlier revelation of his new position.
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The official statement from the US State Department also declared that "it is now abundantly clear that significant portions of USAID funding are not aligned with the core national interests of the United States".
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โ๏ธ USAID on the chopping block, Department of Education next?
Donald Trump's advisors are considering dismantling the Department of Education or significantly reducing its functions, the Wall Street Journal reports.
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Donald Trump's advisors are considering dismantling the Department of Education or significantly reducing its functions, the Wall Street Journal reports.
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๐จ Donald Trump: I'd like to see Canada to be our 51st state "We will give them protection, military protection. We don't need them to build our cars... We don't need them for lumber, we don't need them for energy. So I say: why are we doing this?" said theโฆ
โก๏ธ Trump puts tariffs on hold after phone call with Trudeau
The Canadian prime minister announced a $1.3 billion plan to beef up Canada's border with intelligence, new helicopters and 10,000 personnel to fight drug trafficking. Trudeau also promised to appoint a fentanyl czar and list cartels as terrorist organizations.
As a result, he said, the US president will pause the promised tariffs for 30 days.
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The Canadian prime minister announced a $1.3 billion plan to beef up Canada's border with intelligence, new helicopters and 10,000 personnel to fight drug trafficking. Trudeau also promised to appoint a fentanyl czar and list cartels as terrorist organizations.
As a result, he said, the US president will pause the promised tariffs for 30 days.
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๐ฅด This is what the beginning of dictatorship MELTDOWN OF THE US DEEP STATE looks like
Speaking to USAID employees, Democratic Rep. Ilhan Omar went off the rails.
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Speaking to USAID employees, Democratic Rep. Ilhan Omar went off the rails.
"It is us, the taxpayers, who are being ripped off," she said, calling President Trump a "dictator" for shutting down the corrupt agency.
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๐ธ Meet USAIDโs European little sister
As USAID faces an uncertain future after being branded a "criminal organization" by Elon Musk, the EUโs use of "development assistance" to advance its interests takes on new significance. Hereโs what to know:
๐ถ The EU coordinates bloc-level foreign aid via the โDirectorate-General for International Partnershipsโ, (DG INTPA). This agency complements, but doesnโt replace, bilateral aid agencies of individual EU states.
๐ถ DG INTPA is the product of several reorganizations, including a 2011 merger of EuropeAid (AIDCO) and DG DEV. In policy circles, itโs sometimes still called EuropeAid, no doubt to copy its American cousin.
๐ถ Brussels touts its aid agencyโs role in promoting UN development and poverty alleviation goals. But its true mission is serving as a soft power tool for EU economic, political, and security interests.
๐ถ EuropeAid manages much of the โฌ67 billion in EU aid sent to Ukraine, aimed at preventing that countryโs economic collapse amid NATOโs proxy war with Russia.
๐ถ Reorganizations have made managing the nearly โฌ100 billion in annual EU foreign aid rife with potential corruption and mismanagement.
๐ถ In the mid-2000s, the EUโs anti-fraud watchdog uncovered โcomplex and well-organizedโ financial abuses, from falsified cost reports and duplicate funding requests to declaring projects complete when they werenโt.
๐ถ In 2023, independent journalists uncovered DG INTPA and other EU agenciesโ hopeless dependency on consulting firms, some of them under investigation for fraud and cronyism.
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As USAID faces an uncertain future after being branded a "criminal organization" by Elon Musk, the EUโs use of "development assistance" to advance its interests takes on new significance. Hereโs what to know:
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๐ Trump calls for Russian hockey player's place in Hall of Fame
At a White House event for the Florida Panthers, Trump praised Russian goaltender Sergei Bobrovsky, calling him a future Hockey Hall of Famer.
Bobrovsky, a 36-year-old native of Russiaโs Novokuznetsk, led the team to the 2024 Stanley Cup championship, showcasing his remarkable skill.
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At a White House event for the Florida Panthers, Trump praised Russian goaltender Sergei Bobrovsky, calling him a future Hockey Hall of Famer.
Bobrovsky, a 36-year-old native of Russiaโs Novokuznetsk, led the team to the 2024 Stanley Cup championship, showcasing his remarkable skill.
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๐ซ Arab ministers oppose Gaza displacement plan
Five Arab foreign ministers (Jordan, Egypt, Saudi Arabia, Qatar, UAE) and a Palestinian official sent a letter to US Secretary of State Marco Rubio, opposing Trump's plan to expel Palestinians from Gaza.
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Five Arab foreign ministers (Jordan, Egypt, Saudi Arabia, Qatar, UAE) and a Palestinian official sent a letter to US Secretary of State Marco Rubio, opposing Trump's plan to expel Palestinians from Gaza.
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๐ฅด This is what the beginning of dictatorship MELTDOWN OF THE US DEEP STATE looks like Speaking to USAID employees, Democratic Rep. Ilhan Omar went off the rails. "It is us, the taxpayers, who are being ripped off," she said, calling President Trump a "dictator"โฆ
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๐ฅ DEI promotion in Serbia and transgender opera in Colombia - USAID spending exposed
Caroline Leavitt reveals USAID expenses:
๐คก $2.5 million for DEI in Serbia
๐ถ $70,000 for a DEI musical in Ireland
๐น $47,000 for a transgender opera in Colombia
๐ $32,000 for a comic book in Peru.
This is how US taxpayer money is wasted.
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Caroline Leavitt reveals USAID expenses:
๐คก $2.5 million for DEI in Serbia
๐ถ $70,000 for a DEI musical in Ireland
๐น $47,000 for a transgender opera in Colombia
๐ $32,000 for a comic book in Peru.
This is how US taxpayer money is wasted.
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Former President Joe Biden has re-signed with the Creative Artists Agency (CAA). Previously he released his memoir "Promise Me, Dad" in 2017 and went on a speaking tour that sold "more than 85,000 tickets nationwide," according to the agency. CAA also represents Barack and Michelle Obama.
Someone tell him the Frankenstein movie is already cast! ๐
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โก๏ธ State Secretary Marco Rubio: "We need to apply more pressure to Iran until they stop doing the activities that theyโre doing. What are those activities? Theyโre trying to ultimately get to a nuclear weapon."
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"It is not because he [Israeli Prime Minister Benjamin Netanyahu] is peace-loving, but the Israeli army will fight, and the remaining prisoners are its soldiers. In total, more than 60 Israeli prisoners of war are in captivity," Musa Abu Marzouk, deputy head of the Hamas political bureau, told Sputnik.
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๐จ 'They are completely uncooperative' โ Rubio on whether the USAID should die
"Now we have basically an active effort โ their basic attitude is we don't work for anyone, we work for ourselves, no agency of government can tell us what to do," US Secretary of State said in an interview with Fox News.
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"Now we have basically an active effort โ their basic attitude is we don't work for anyone, we work for ourselves, no agency of government can tell us what to do," US Secretary of State said in an interview with Fox News.
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๐ฅ DEI promotion in Serbia and transgender opera in Colombia - USAID spending exposed Caroline Leavitt reveals USAID expenses: ๐คก $2.5 million for DEI in Serbia ๐ถ $70,000 for a DEI musical in Ireland ๐น $47,000 for a transgender opera in Colombia ๐ $32โฆ
"For decades, the United States Agency for International Development (USAID) has been unaccountable to taxpayers as it funnels massive sums of money to the ridiculous โ and, in many cases, malicious โ pet projects of entrenched bureaucrats, with next-to-no oversight," the White House listed USAID so-called activities.
Only "a few examples" by the way.
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Tensions remain high, with thousands causing disruptions in multiple cities.
"Very considerate of them to tell us where to deport them to," netizens commented on the waving flags.
Footage from social media
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This move follows the US administrationโs decision to impose a 10% tariff on Chinese goods. While similar measures against Canada and Mexico were postponed, tariffs on China remain in effect.
Trade war in the air?
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America First = Deutschland Uber Alles?
Russian Foreign Minister Sergey Lavrov warned that Washington's reliance on "peace through force" threatens to bury diplomacy altogether and dangerously mirrors Nazi ideology.
Lavrov agreed with experts who argue that a return to the previous status quo โ defended by the US and its allies โ is no longer possible. He emphasized that demographic, economic, social, and geopolitical conditions have irreversibly changed.
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Russian Foreign Minister Sergey Lavrov warned that Washington's reliance on "peace through force" threatens to bury diplomacy altogether and dangerously mirrors Nazi ideology.
"Such an ideology shows no respect for US obligations under the UN Charter," Lavrov said.
Lavrov agreed with experts who argue that a return to the previous status quo โ defended by the US and its allies โ is no longer possible. He emphasized that demographic, economic, social, and geopolitical conditions have irreversibly changed.
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