PACE to consider discrediting Russian delegation

PACE to consider discrediting Russian delegation

October 1, 2008 - 14:03 AMT  13:04 GMT
Konstantin Kosachev: the initiative to discredit the Russian delegation is absurd.

End of the unipolar world?

September 30, 2008 - 19:24 AMT  13:04 GMT
Rejecting a $700 billion bailout package meant to save the financial market the US Congress made another step towards driving the unipolar world into the grave. Judging from the dramatic course of events the USA is losing its status of a superpower in the financial world, and, consequently, its political authority. The current situation is compared to the Great Depression of 1929, when stock markets plummeted, and ruined bankers jumped out of the skyscraper windows as Don Corleone would put it "after lack of imagination".
---