Eurasia Press & News

In view of the Fed, American banking crisis is over. Yet, US and European banks face the most acute stress since 2008 and 2011, respectively. Global economy is exposed to new headwinds. Last week, as the Federal Reserve pushed ahead with its 10th rate hike since last March, its chairman …

Along the northern flank of Ukrainian-controlled territory on the outskirts of the eastern city of Bakhmut, tank crews from the 10th Mountain Assault Brigade are waiting for the ground to dry up so they can begin a long-anticipated counteroffensive against Russian forces. The tank operators continue to support Ukrainian infantry …

In 1935, the Congress of American Writers was held in New York City, followed by another two years later. They called on ‘the hundreds of poets, novelists, dramatists, critics, short story writers and journalists’ to discuss the ‘rapid crumbling of capitalism’ and the beckoning of another war. They were electric …

Ukraine has little chance of achieving economic (and democratic) development with an angry and vengeful neighbor spreading disinformation and nurturing discontent and violence, Harold James, a professor of history and international relations at Princeton University, told Project Syndicate in an interview. As long as Putinism is seen as a viable …

Introduction Seven months after the start of the nationwide uprising in Iran, there can be no doubt about the Iranian people’s deep-seated discontent toward the current theocratic regime that has ruled the country for four decades. The protests have brought to the surface the profound frustration and rage that has …

After the establishment of Zoran Zaev’s (SDSM) Government in 2017 the Republic of North Macedonia managed to achieve historic successes. In addition to the signing of the Treaty of Friendship, Good-Neighbourliness and Cooperation with the Republic of. Bulgaria, the law on improvement of the use of languages of other ethnic …

United Nations Secretary General Antonio Guterres has taken steps for the extension, improvement and expansion of the Black Sea Grain Initiative, but Russia authorities explicitly indicated that it would unlikely to participate in the deal due to the fact that its conditions were not respected and taken into consideration. “I …

It’s the conventional wisdom in Washington and in most European capitals: China is only providing limited support to Russia’s invasion of Ukraine. In Beijing, meanwhile, officials attempt to portray neutrality, emphasizing that the People’s Republic of China (PRC) is not providing weapons to Russia. As PRC leader Xi Jinping told Ukrainian President …

With Syria’s re-admittance, Assad is now expected to attend the Arab League summit in Saudi Arabia on May 19. Syria was readmitted to the Arab League on Sunday. The move marks a major milestone for the Syrian government of Bashar al-Assad as it seeks to come in from the cold, …

The U.S. will provide $1.2 billion more in long-term military aid to Ukraine to further bolster its air defenses as Russia continues to pound Ukraine with drones, rockets and surface-to-air missiles, U.S. officials said Monday. The aid package is expected to be announced on Tuesday and the money will be …