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Friday, June 5, 2015

Current Events-World Economy

http://www.usatoday.com/story/news/world/2015/06/05/g7-summit-russia-ukraine-greece-islamic-state/28402003/

WASHINGTON — For a second year in a row, the annual summit of major world economies will exclude Russia when the group's leaders convene Sunday in a German castle.

Ekaterina Zabrovskaya, editor of Russia Direct, a Moscow-based website for opinion and analysis of Russian policy, said it's not a good sign for Ukraine that Russia was expelled from the G-8 because it means there are fewer opportunities for both sides to explain their positions and find some common ground. But it is not as problematic as it sounds.
"Russia has always considered the G-8 to be about prestige and more of a club," she said. "Being invited back would definitely be a victory for the Kremlin, but I don't think they are worried about rejoining ASAP."
Zabrovskaya added that the sanctions were counter-productive, not substantially harming Russia's economic elite but rather its ordinary citizens, and they fostered anti-Western, particularly anti-American, sentiment.

Monday, June 1, 2015

Current Events-War

http://edition.cnn.com/2015/05/20/politics/south-china-sea-navy-flight/index.html

Above the South China Sea (CNN)The Chinese navy issued warnings eight times as a U.S. surveillance plane on Wednesday swooped over islands that Beijing is using to extend its zone of influence.

“There is a real danger that China will align itself with Russia politically and militarily, and then the threat of third world war becomes real,” said Soros.

Yes Mr.Soros, that is a REAL possibility.