These are China’s Two Lifelines to Russia So Far
Here’s all we know about how China is really helping Russia. And what will have to happen for Washington to impose sanctions.
Sanctions Impact Due More to U.S. Economic Strength Than Dollar’s Reserve Currency Role
Summary Sanctions on Russia are devastating to the Russian economy Power of the sanctions is due to concerted international action, not to the US role as world’s “reserve currency” U.S. economic power owes more to the size of U.S. economy than to dollar’s reserve status Dollar overvaluation continues to be a huge problem for U.S.…
Is Russia About to Lose Permanent Normal Trade Relations with the West?
Canada said it will no longer grant Russia “normal trade relations” status and the EU is moving in that direction. The U.S. might be next.
Good Financial Actions on Russia. Biden Must Go Further
On Saturday, the U.S. government, European Commission, and five major nations issued a statement on financial sanctions against Russia which targets some of the largest Russian banks and drastically reduces the ability of the Russian central bank to support the value of the ruble currency by restricting their access to their reserves held outside Russia.…
War in Ukraine Highlights Critical US Dependencies on Russia-China Axis
War in Ukraine Highlights Critical US Dependencies on Russia-China Axis By Jeff Ferry and Amanda Mayoral Summary Points The Russian invasion of Ukraine reveals the weakness of US industrial strategy and our over-reliance on imports in manufactured goods and raw materials. The US is import-dependent in many industries critical to US national security. A…
The Anatomy of the China-Russia Axis Alliance
Should Washington move to sanction China for “aiding and abetting” Russia’s military operation in Ukraine? If more sanctions are imposed on anyone, Washington must make rebuilding supply chains domestically a core part of that policy to reindustrialize the U.S.
Congress Must Undo its Permanent Normal Trade Relations Votes for Russia, and China
Cuba and North Korea don’t receive our Normal Trade Relations; Russian exports should face the same tariffs as they do. By Charles Benoit, CPA Trade Counsel Less than 10 years ago, by votes of 92-4 in the U.S. Senate and 365-43 in the House, Congress voted to grant Russia ‘Permanent Normal Trade Relations’ (PNTR). We…
Russia Invasion Requires Immediate Sanctions and Massive American Reindustrialization
China-Russia axis poses serious threat to U.S. national and economic security.
A Look at the Potential Sanctions Toolkit Against Russia and China
To sidestep the business communities concern over sanctions, Washington must include moves to re-industrialize. If not, U.S. rivals can easily choke supply chains.