DAX & Co flop, but Eastern Europe top!
Since the FED ordered an interest rate pause on 20 September, most world stock markets have been on a downward trend, with the exception of some stock markets from Eastern Europe. The FED kept the option open for another interest rate hike, which unsettled investors. Bond prices plummeted. Now there is even the threat of a bear market if economic data deteriorate further. The indices on Wall Street and the DAX already fell sharply last week, but gold also got caught in the downward pull. A shutdown in the USA was averted at the last minute, but the Americans are now no longer allowed to send money to Ukraine.
ESTV 218 – DAX & Co flop, but Eastern Europe tops
The Shocking Truth About The Banking Crisis Everyone Needs To Know – What Really Happened?
New extraordinary opportunities in Eastern Europe – even in Russia!
The countries Brazil, Russia, India, China and South Africa in short “BRICS”, agreed at the BRICS Summit in Johannesburg from 22 to 24 August to include 6 more countries that cooperate and do business with each other on the basis of multipolarity. The countries added as of 1 January 2014 are Argentina, Egypt, Ethiopia, Saudi Arabia, Iran and the United Arab Emirates. A new internal clearing unit for the BRICS was discussed, but not yet concretised. The meeting in Johannesburg already shows that Russia is not isolated but is looking for new economic partners. The death of the head of the Wagner Group, Prigozhin, is likely to have consequences. Putin has a lot to be prepared for in the autumn.
ESTV 217 – New extraordinary opportunities in Eastern Europe – even in Russia!
What is the real state of the Russian economy?
Some African countries want to break free from the bondage of Europe and the USA and are now turning to Russia and China, not only after the military coup in Niger, but also in Burkina Faso and Mali. Russia’s influence in particular is growing there. As always, the primary real issue is the struggle for raw materials, in Niger’s case uranium. On 22 August, the eagerly awaited BRICS meeting will take place in Johannesburg, where a new gold-backed BRICS currency is to be presented. The US rating agency Fitch has downgraded the rating for US government bonds from “AAA” to “AA+” because of too much debt. Many African countries now feel more drawn to the BRICS countries, especially Russia and China. The Wagner Group is active in Niger, Burkina Faso and Mali, where there may be new proxy wars.
ESTV 216 – What is the real situation in Russia?
New BRICS currency to compete with the US dollar
The Ukraine war also led to a new world order, namely “BRICS” & Co, i.e. Brazil, Russia, India, China, South Africa and the partner countries against the G7 and one can be curious to see who will come out on top in the end. The “BRICS” Summit will take place in Johannesburg from 22 to 25 August. Rumour has it that a new partially gold-backed BRICS currency based on crypto will be launched there. It is possible that new peace proposals for the Ukraine war, which may now escalate further due to the use of cluster bombs, will also be forged there. The new “BRICS” currency is to compete with the US dollar in the long term. 40 partner countries want to join the BRICS currency. The US debt is now increasing more and more due to the rising interest burden.
ESTV 215 – New “BRICS” currency to compete with the US dollar
NATO Summit in Vilnius: Preparation for World War 3?
On 11 and 12 July, the NATO summit will take place in Vilnius. There it will be discussed whether and when Ukraine should be admitted to NATO. In addition, the rearmament request for all NATO countries will be justified with the “enemies” Russia and China. Ukraine’s first large-scale attack has not been particularly successful so far. But Selenskyj is now demanding cluster munitions, which the USA also wants to send, and above all more medium-range missiles to be able to attack Russia’s supply routes directly. However, this could mean that Russia will also attack the supply routes in Poland directly. In any case, the anxious question now arises whether this NATO summit will not also bring World War 3 closer. It is urgent time for diplomatic negotiations, otherwise a point of no return will be reached, making diplomatic negotiations impossible and conjuring up a 3rd world war.